582 JOHNSTON Avenue

Multi-family For Sale in Port Elgin, Ontario

$980,000
  • 5 Beds
  • 5 Baths
  • 3,700 Sq. Ft.
  • Built 1910
Unparalleled Opportunity in Port Elgin's Heart! Welcome to 582 Johnston Ave, a rare gem in the midst of this charming beach town. Imagine owning a property that offers the perfect blend of convenience, income potential, and only a few blocks to Lake Huron's edge. This unique property boasts four separate apartments, including a spacious 2bed/2bath unit and three cozy 1bed/1bath units, providing endless possibilities for investors, entrepreneurs, or those seeking a unique living arrangement. The property's CC (Core Commercial) zoning opens up a world of possibilities, from keeping it as a lucrative rental property to exploring alternative uses that capitalize on its prime location. Additional features include a large 23x16' garage attached to a boathouse with an automatic garage door opener and boathouse measuring 24x16', perfect for storing watercraft or equipment with a concrete floor. This space also offers the potential for office space and development ideas. Half of the property is still available to build additional apartments or office space as well. The dreamer's can dream with this space with perfect zoning to instil your next business venture. With its proximity to shopping, amenities, schools, Bruce Power, and the breathtaking shores of Lake Huron, this property is poised to deliver exceptional returns from summer rentals and long-term tenants. Don't miss this chance to own a piece of Port Elgin's heart. Call today to explore the endless possibilities of 582 Johnston Ave! (id:4069)
Address 582 JOHNSTON Avenue
List Price $980,000
Property Type Multi-family
Type of Dwelling Fourplex
Area Ontario
Sub-Area Port Elgin
Bedrooms 5
Bathrooms 5
Floor Area 3,700 Sq. Ft.
Year Built 1910
MLS® Number 40590933
Listing Brokerage WILFRED MCINTEE & CO LTD Brokerage (Southampton)
Basement Area Partial (Unfinished)
Postal Code N0H2C1
Zoning CC
Site Influences Airport, Golf Nearby, Hospital, Marina, Park, Place of Worship, Playground, Schools, Shopping
Features Visual exposure, Crushed stone driveway, Shared Driveway, Gazebo, Automatic Garage Door Opener

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Brand Realty Group

1525 16th St E Owen Sound Ontario N4K 5N3

Office: 519 377 4611

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