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#1, #2, #3, #4 490 Mill Street
Saugeen Shores Saugeen Shores N0H 2C0

$845,000
Residential Freehold beds: 6 baths: 4.0

Main Photo: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 1: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 2: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 3: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 4: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 5: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 6: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 7: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 8: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 9: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 10: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 11: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 12: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Photo 13: #1, #2, #3, #4 490 Mill Street: Saugeen Shores House for sale : MLS®# X12146433
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12146433
Bedrooms:
6
Bathrooms:
4
Attention Investors! Seize a unique opportunity in Port Elgin with this fully tenanted fourplex nestled within a distinguished century home. This property features an ideal unit mix of two spacious two-bedroom units and two well-appointed one-bedroom units, providing a diversified income stream. Benefit from the convenience of on-site shared laundry and included parking for all tenants. Currently generating a $5000 per month, this property offers immediate cash flow. Adding significant value, both one-bedroom units have been recently renovated. The main floor units boast impressive 12-foot ceilings and the home's historic detailing shines through, including stunning original wooden pocket doors dividing the living and dining spaces. This home holds so much character - it could be beautifully restored to its former glory, all while capitalizing on consistent rental income. Don't miss out on this prime investment in a desirable location within our growing community!
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2-Storey
Approx. Age:
100+
Total Approx Floor Area:
3000-3500
Lot Size:
<.50
Lot Depth:
132'
Lot Frontage:
66'
Lot Shape:
Rectangular
Direction Faces:
South
Bedrooms:
6
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
6
Kitchens Above Grade:
4
Rooms Above Grade:
19
Zoning:
R1
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Shingles
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Barn
Parking Features:
Unreserved, Available
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2024
Taxes:
$4,279 / 2024
Assessment:
$- / 2024
Bruce
Saugeen Shores
Saugeen Shores
Separate Hydro Meter
Porch
Kaake - Fridge, Stove, Dishwasher, Microwave. Mill - Fridge, Stove, Microwave. Dandelion - Fridge Stove, Dishwasher, Microwave. Walnut - Fridge Stove Microwave. Washer and Dryer in basement
All tenant belongings
Brick
Floor
Type
Size
Other
Main
Family Room
15'4¼" × 15'4"
Main
Living Room
15'3½" × 14'2"
Main
Bedroom
9'10" × 8'11"
Main
Bedroom 2
14'5" × 12'2"
Main
Kitchen
13'11" × 10'4"
Main
Sunroom
19'7" × 9'¼"
Main
Sunroom
14'8" × 5'8"
Main
Kitchen
11'1½" × 8'4"
Main
Living Room
14' × 13'7"
Main
Bedroom
12'3" × 8'6¾"
Second
Kitchen
13' × 6'8"
Second
Dining Room
12'10" × 9'7"
Second
Living Room
12'11⅛" × 12'11⅛"
Second
Bedroom
11'5" × 11'4"
W/O To Balcony
Second
Bedroom 2
11'10" × 11'7"
Second
Sunroom
19'11" × 9'¼"
Second
Kitchen
13'9" × 7'5"
Second
Living Room
13'11" × 13'5"
Second
Bedroom
11'8½" × 11'5"
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Other
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Level:
Lower Level
Date Listed:
May 14, 2025
Original Price:
Previous Price:
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Listed by Royal LePage D C Johnston Realty
Data was last updated December 2, 2025 at 09:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.