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$799,900
Available - For Sale
Listing ID: X11966617
DUPLEX!!! _ Discover an exceptional investment opportunity in the vibrant heart of Port Elgin. This rare duplex, multi family, generational home features two well-appointed two-bedroom units and a unique back addition currently operating as a hair salon. The back unit presents the potential to expand into the lower apartment, offering flexible space for a business or an additional rental income stream.This property is zoned for both residential and commercial use, spanning a generous 1,500 square feet. Each unit is equipped with separate hydro meters, supporting a consistent rental income from both weekly and monthly tenants. The duplex can also be transformed into a magnificent single-family residence, allowing you to create a personalized dream home.Recent updates to the roof, A.C., and furnace with a HEPA filter within the last five to seven years provide peace of mind and reduce maintenance concerns. Situated on a picturesque corner lot, the property is enveloped by lush, beautiful gardens. The back area offers space for a legal unit that can be built to rent or live in, with an opportunity for future severance by adding two services and can be sold separately down the road. Do not miss your chance to explore this incredible property before it's gone. Your dream investment awaits.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $39,995 $79,990 $119,985 $159,980
First Mortgage $759,905 $719,910 $679,915 $639,920
CMHC/GE $20,897.39 $14,398.2 $11,898.51 $0
Total Financing $780,802.39 $734,308.2 $691,813.51 $639,920
Monthly P&I $3,344.12 $3,144.99 $2,962.98 $2,740.73
Expenses $0 $0 $0 $0
Total Payment $3,344.12 $3,144.99 $2,962.98 $2,740.73
Income Required $125,404.35 $117,936.94 $111,111.89 $102,777.29

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

684 Gustavus Stre , Saugeen Shores, N0H 2C0, Bruce


 
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Type: Com - Commercial Retail
Area: Bruce
Municipality: Saugeen Shores
Neighbourhood: Saugeen Shores
Style:
Lot Size: x 124.27(Feet)
Approximate Age: 100+
Tax: $3,075.85
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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