Great Investment Opportunity - centrally located 5 plex between downtown and the beach. Currently occupied with excellent long term tenants. This 1890 century home is located on a large 100' X 132' lot with parking for 9 vehicles. Many recent updates including roof, concrete entrance, walkway and patio, facade, bathroom (#4), Kitchen (#4), flooring (#4 & #5), and most of the windows are newer. A professional Fire & Safety Inspection has been done and passed each year. There are two 1-bedroom units, two 2-bedroom units and a studio. The house is heated with a large gas-fired Veissmann boiler system. (id:2493)More details
WOWWWWW! 3-UNIT POTENTIAL WITH TOWN APPROVAL! 517 Wales Drive is a rare multifamily/investment opportunity featuring 2 fully self-contained units PLUS an Additional Residential Unit (ARU) approved by the Town of Saugeen Shores! Unlock the potential for a third income-producing unit without changing your current living situation.The upper unit offers 3 bedrooms, a full bathroom and laundry, while the lower unit features 2 bedrooms, a full bathroom and separate laundry. Live in one, rent the other, rent both, or take advantage of the approved third-unit opportunity for even more income potential.Fully renovated in 2025, the property offers modern finishes, brand-new appliances, 2 gas fireplaces capable of heating the entire home, newer windows and a roof replaced around 2018.Income potential is proven, having successfully operated as an Airbnb in 2022 and 2023, with summer income historically enough to cover the mortgage for the year.Outside features include parking for up to 5 vehicles, a huge fenced backyard and new storage shed. Walk to the beach via scenic trails and enjoy being minutes from downtown and the shoreline. 2 UNITS TODAY. 3RD UNIT APPROVED. MORE INCOME POTENTIAL. NO NEED TO CHANGE YOUR EXISTING LIVING ARRANGEMENT to ACCOMMODATE THE ADDED INCOME IN THE ADDITIONAL GARDEN SUITE APPROVAL! WOWWWWW! (id:2493)More details
This triplex is located close to downtown Port Elgin and sits on a large corner lot. Built in 1890, it has a lovely front covered porch (#1), side deck (#2), built-on shed (#3) and there is parking for 5 vehicles for the two 2-bedroom and one 1-bedroom plus den apartments. Recent updates include roof, flooring (#3), bathroom (#3). The apartments are spacious and two are occupied with excellent long term tenants. A professional Fire & Safety Inspection has been done and passed each year. (id:2493)More details
Data was last updated September 18, 2026 at 06:45 AM (UTC)
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