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Renanza Realty
For sale

614 RIVER STREET

Saugeen Shores, Ontario

MLS® X14081832

$640,000

Status
Active
Property type
House
MLS® number
X14081832
Bedrooms
5
Bathrooms
2
Year built
—

Listing description

Investment opportunity in the heart of Port Elgin! Situated in a prime location at a prominent corner along Port Elgin's main commercial corridor, this brick bungalow offers an excellent opportunity for investors, developers, or those looking for a versatile income property. Currently configured as a duplex with private entrances and ample parking.

The home features a spacious three-bedroom main level unit with a kitchen, combined living and dining area, four-piece bathroom, and shared laundry room. The lower level offers a two-bedroom unit complete with its own kitchen, bathroom, and shared laundry room. The property also features a concrete driveway with ample parking, a covered front porch, and a rear patio.

The generous-sized lot backs onto a town lane, convenient for accessing the backyard. Adding to its appeal, the neighbouring property MLS#X14081552 is also being offered for sale, presenting an opportunity to acquire two adjoining properties in a highly visible, central location. With commercial zoning identified for the properties, the combined parcels may offer possibilities for future residential intensification, multi-unit development, or commercial uses, subject to municipal zoning requirements and approvals.

Whether you're looking to expand your investment portfolio, explore redevelopment opportunities, or secure property in a desirable central location, this is an opportunity worth considering.

Property summary

MLS® number
X14081832
Property type
Single Family
Building type
House
Title
Freehold
Land size
66 x 132 FT
Annual property taxes
$3,599.00
Parking
6 spaces · No Garage
Days on market
28 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Apartment in basement, N/A
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Furniture, Water Heater
Exterior features
Brick, Vinyl siding
Community features
Community Centre
Architectural style
Bungalow

What would this home cost you?

Based on the $640,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,978 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Land Exchange Ltd., PORT ELGIN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.