view of front of home featuring brick siding, a front lawn, and a deck Features: brick siding, stairs, deck, lawn, gutters, fence, stoop, downspout

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view of front of house featuring brick siding and a front lawn Features: stairs, brick siding, lawn, stoop

rear view of house with brick siding, a yard, and a storage shed Features: lawn, downspout, gutters, shingle roof, brick siding, shed, outdoor structure, gas meter

rear view of property with a yard, a storage shed, and a shingled roof Features: satellite dish, lawn, stoop, downspout, horizontal siding, brick siding, gutters, fence, split ac unit, shed, stairs, shingle roof, outdoor structure

aerial perspective of suburban area Features: residential view

deck with a residential view and grilling area Features: residential view, deck, grill

living room with carpet flooring and a drop ceiling Features: tv, drywall, baseboards wall, drop ceiling, carpet, fire extinguisher

carpeted living area with a ceiling fan and a paneled ceiling Features: ceiling fan, range oven, refrigerator, drywall, natural light, carpet, drop ceiling

kitchen with white appliances, white cabinetry, light countertops, and a drop ceiling Features: drop ceiling, refrigerator, white cabinets, vinyl floor, range oven, sink, microwave, natural light, window mounted ac, raised cabinets, countertops, drywall, l shaped kitchen

dining area with a decorative wall, a wainscoted wall, and radiator Features: wainscot wall, paneling wall, natural light, radiator, drywall

view of carpeted bedroom Features: carpet, smoke carbon monoxide detector, baseboards wall, drywall, natural light

bedroom featuring dark carpet Features: baseboards wall, natural light, carpet, drywall

half bath featuring vanity and baseboard heating Features: natural light, baseboard radiator, mirror, vanity, half bathroom, baseboards wall, sink, toilet, drywall

kitchen with light countertops, white appliances, crown molding, light wood-style floors, and white cabinetry Features: raised cabinets, wood finish floor, sink, backsplash, crown molding, arched cabinets, wood wall, refrigerator, fire extinguisher, visible hinge cabinets, white cabinets, range oven, countertops

living room with carpet flooring and cooling unit Features: window mounted ac, smoke carbon monoxide detector, tv, carpet, natural light, drywall, baseboards wall

kitchen with white appliances, light countertops, white cabinets, crown molding, and backsplash Features: baseboards wall, arched cabinets, wood finish floor, drywall, countertops, crown molding, sink, backsplash, white cabinets, visible hinge cabinets, range oven, raised cabinets, refrigerator

bedroom featuring dark colored carpet Features: natural light, drywall, carpet, baseboards wall

bedroom featuring dark carpet Features: natural light, carpet, baseboards wall, drywall

bedroom featuring dark carpet, a ceiling fan, and a baseboard radiator Features: carpet, drywall, ceiling fan, natural light, baseboards wall, baseboard radiator

bathroom featuring vanity, wood walls, and a shower with shower curtain Features: wood wall, mirror, shower, toilet, full bathroom, vanity, sink, natural light

kitchen with freestanding refrigerator, gas range, white cabinetry, recessed lighting, and dark countertops Features: sink, wall mounted ac, tile floor, refrigerator, range hood, countertops, white cabinets, fire extinguisher, raised cabinets, drywall, recessed lighting, toaster, l shaped kitchen, range oven

bedroom with carpet flooring and a desk Features: tv, baseboards wall, carpet, office area, drywall, natural light

view of bedroom Features: carpet, drywall, natural light, basement

kitchen with stainless steel electric range, freestanding refrigerator, a lit fireplace, light countertops, and recessed lighting Features: white cabinets, raised cabinets, tile floor, countertops, baseboards wall, refrigerator, recessed lighting, tv, sink, range hood, opens to living area, fireplace, range oven, drywall

laundry area with washer and clothes dryer, light tile patterned floors, and cabinet space Features: laundry, tile floor, sink, separate washer dryer, drywall, baseboards wall

kitchen featuring white appliances, white cabinets, light wood-style flooring, and light stone countertops Features: range oven, shaker cabinets, backsplash, white cabinets, wood finish floor, microwave, refrigerator, stone countertops, drywall, sink

living room featuring wood finished floors and a baseboard heating unit Features: drywall, baseboard radiator, wood finish floor, baseboards wall, tv, natural light

kitchen with white electric range, light countertops, white cabinetry, and light wood-style flooring Features: sink, range oven, recessed lighting, shaker cabinets, white cabinets, baseboards wall, backsplash, microwave, drywall, wood finish floor, countertops, drop ceiling

bedroom with a baseboard heating unit, wood finished floors, and a closet Features: wood finish floor, closet, baseboard radiator, drywall, baseboards wall

bedroom with light wood-style flooring and baseboard heating Features: drywall, wood finish floor, baseboard radiator

bathroom with vanity Features: drywall, half bathroom, vanity, mirror, sink

full bath with vanity, a marble finish shower, and wood finished floors Features: full bathroom, drywall, vanity, toilet, sink, shower, wood finish floor

wooden deck featuring a lawn and stairway Features: stairs, lawn, deck

wooden deck with stairway Features: stoop, stairs, fence, lawn

entrance to property featuring brick siding, a wooden deck, and roof with shingles Features: shingle roof, deck, lawn, downspout, concrete foundation, gutters, brick siding, fence

view of dirt / gravel road Features: residential view

aerial perspective of suburban area with property boundaries highlighted Features: residential view

back of house featuring brick siding, a yard, and a storage unit Features: lawn, fence, shed, gas meter, downspout, outdoor structure, gutters, brick siding

rear view of house featuring a storage unit and stairway Features: shed, stairs, downspout, outdoor structure, gutters, fence, lawn, horizontal siding, satellite dish, stoop

view of shed Features: fence, shed, outdoor structure, lawn

view of front facade featuring brick siding and a wooden deck Features: brick siding, deck, split ac unit

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For Sale - 473 Market Street, Saugeen Shores, Ontario

473 Market Street

Saugeen Shores , Ontario

7 4 $629,900

Est payment $3,025/mo

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Time on Jump 1 days

AI Summary *

Historic property converted into four rental units for immediate income.
Two one-bedroom, one two-bedroom, and one spacious three-bedroom unit available.
Three units come fully furnished with included appliances.
Located in the heart of town near shops, restaurants, and the beach.
Strong rental demand driven by ongoing projects at local Bruce Power.

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Down Payment:
$ 31,495 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Step into a piece of port elgin history with this unique investment opportunity at 473 market street. Originally built in 1895, this character-filled property has been converted into four separate rental units, offering immediate income potential and long-term upside. The building features two one-bedroom apartments, a two-bedroom, and a spacious three-bedroom apartment - appealing to a wide range of tenants. Three of the units come fully furnished and all appliances. Heated with a gas hot water boiler system. There have been many updates throughout the last several years, including some newer windows, deck, boiler (2018), new roof (2022), several cosmetic updates with kitchens, plus facia, soffit and gutters. This property has been well maintained. Ideally located in the heart of town, and just a short walk to port elgin's vibrant downtown, local shops, restaurants, and the beautiful sandy beach along lake huron. Tenants will appreciate the convenience and lifestyle this central location offers. Port elgin continues to see strong rental demand, driven in part by ongoing and future projects at bruce power. With major refurbishment work and workforce expansion planned over the coming years, the area is expected to attract a steady influx of skilled workers and professionals- along with our tourism sector, making this a smart addition to any investment portfolio. Whether you're looking to expand your real estate holdings or secure a multi-unit property in a growing community, this rare offering combines historic charm, multiple income streams, and a prime location in one of bruce county's most desirable markets.

Listing IDX13074006

Address473 Market Street

CitySaugeen Shores, Ontario

Price$629,900

Bed / Bath7 / 4 Full

Style2-Storey, Fourplex

ConstructionBrick

Land Size9752

TypeMulti-Family

StatusFor Sale

Extras

Subtype FourplexIndoor Features Accessory ApartmentOwnership FreeholdWaterfront WaterfrontCommunityBasement Apartment, Separate Entrance, FinishedFoundation ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer

Market Info

Parking 6.00

Listing Agency:
RE/MAX Land Exchange Ltd.

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Listing Agency:
RE/MAX Land Exchange Ltd.

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For Sale - 473 Market Street, Saugeen Shores, Ontario

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