RARE MULTI-RESIDENTIAL INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY IN PORT ELGIN! Just steps from the beautiful Main Beach in Port Elgin, 200 Elgin Street offers an exceptional opportunity featuring a spacious 4-bedroom, 2-bathroom main residence with attached 2 garage, five additional residential dwellings(4 leased long term, 1 vacant currently,, six civic addresses and a vacant former building site with reported servicing. Occupying approximately three-quarters of the block, this substantial property measures approximately 198.25 ft x 128.23 ft and offers parking for approximately 10 vehicles. Recent improvements include updated roofing, siding, plumbing and various upgrades throughout the residences. Whether you're seeking a multi-residential investment, accommodations for extended family or a substantial landholding with potential for future development, this unique property offers incredible versatility. Ideally situated close to Port Elgin's sandy beaches, shopping, restaurants and amenities. Future construction, redevelopment or severance is subject to municipal approvals and buyer due diligence. Flexible closing available! An outstanding opportunity to invest in one of Lake Huron's most desirable communities. Bring your vision and explore the possibilities! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Living Area (Min):
1,500 sq. ft.139 m2
Living Area (Max):
2,000 sq. ft.186 m2
Zoning:
R1-3
Taxes:
$14,000 /
-
Community:
Saugeen Shores
Exterior Features:
Wood, Aluminum siding
Structure Type:
House
Utilities:
Sewer, Electricity
Appliances Included:
Washer, Refrigerator, Dishwasher, Stove, Dryer, Furniture, Window Coverings, Water Heater
Data was last updated November 14, 2026 at 06:45 PM (UTC)
Area Statistics
Listings on market:
160
Avg list price:
$739,000
Min list price:
$259,900
Max list price:
$2,149,000
Avg days on market:
81
Min days on market:
0
Max days on market:
771
Avg price per sq.ft.:
$539.5
These statistics are generated based on the current listing's property type
and located in
Saugeen Shores. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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