Home ›Listings ›Saugeen Shores ›X12146433

490 Mill Street Saugeen Shores ON

📍 Saugeen Shores, Ontario N0H 2C0

$799,900

Active
6BEDS
4BATHS
4PARKING
4KITCHENS
66×132LOT (FT)
100+AGE

📋 Listing Highlights

StatusActive
MLS®X12146433
ListedMay 14, 2025
Days on Market—
Property TypeResidential Freehold
StyleFourplex
Cross StreetMill & Kaake
Virtual TourView Tour →

📝 Listing Description

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 Details

Property TypeResidential Freehold
StyleFourplex
Bedrooms6
Bathrooms4
Kitchens4
Approx. Age100+

📐 Lot & Land

Lot Width66 ft
Lot Depth132 ft
Lot Size8712 sqft
Cross StreetMill & Kaake

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingOther
BasementUnfinished
GarageNone
Parking4
ConstructionBrick
RoofShingles

💰 Financial

List Price$799,900
Annual Taxes$4,279 (2024)

🧮 Mortgage Calculator

$159,980
Est. Monthly Payment
$3,930/mo
Principal: $639,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by Royal LePage D C Johnston RealtyData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12146433 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.