Size
-
Lot size
8824 sqft
Street frontage
S
Possession
Immediate Poss
Price per sqft
$567 - $773
Taxes
$3,075.85 (2024)
Parking Type
-
Style
2-Storey
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Description
Discover an exceptional investment opportunity in the vibrant heart of Port Elgin. This rare duplex 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.
EXTRAS:
EXTRAS:
Broker: EXP REALTY
MLS®#: X11963421
Property details
Parking:
6
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1100-1500 sqft
Lot front:
67 Ft
Lot depth:
132 Ft
Listed on:
Feb 8, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Living | 16.7 x 16.7 ft | Open Concept |
Main | Kitchen | 9.4 x 15.5 ft | O/Looks Living |
Main | Prim Bdrm | 9.6 x 12.6 ft |
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Instant estimate:
orto view instant estimate
$48,137
lower than listed pricei
High
$840,685
Mid
$801,863
Low
$761,037