684 Gustavus Street Port Elgin, Ontario N0H 2C0
$699,900
Excellent investment property in Port Elgin in a great location and good condition. This home consists of 2-2 bedroom apartments. Current rents are $2200 up and the main floor was $2200 as well but is recently vacant and owner uses hair salon that could be used as a 3rd bedroom for extra rental income. Both units have a double car driveway. Upstairs has a balcony. 2 hydro meters. Zoning allows for many home occupation uses including an office, child care or bed and breakfast. Previously zoned commercial. Lot may be able to be severed to create a new building lot and there is a current application in already 3/4 approved if new owner wanted to continue with it. Located a couple of blocks from Tim Hortons, downtown, many restaurants and schools. All appliances included and ready for you to move in and start collecting rent. (id:42639)
Property Details
| MLS® Number | 40318283 |
| Property Type | Multi-family |
| Amenities Near By | Beach, Golf Nearby, Marina, Place Of Worship, Schools, Shopping |
| Communication Type | High Speed Internet |
| Community Features | Community Centre |
| Equipment Type | None |
| Features | Corner Site, Golf Course/parkland, Beach |
| Parking Space Total | 2 |
| Rental Equipment Type | None |
| Structure | Porch |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 5 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1500 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Beach, Golf Nearby, Marina, Place Of Worship, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24835298/684-gustavus-street-port-elgin
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October 01 2022 08:14:25
REALTORS® Association of Grey Bruce Owen Sound
Michael Mcculloch Brokerage