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$830,000
Available - For Sale
Listing ID: X12566472
228 Palmerston Street , Saugeen Shores, N0H 2L0, Bruce


Centrally located in the heart of Southampton and just minutes from the sparkling shores of Lake Huron, this well-maintained four-plex offers an outstanding blend of lifestyle and investment potential. Walk to downtown shops and restaurants, the Coliseum, Art School, and year-round amenities while enjoying all the benefits of living near the lake in one of Bruce Counties most desirable communities. The property features 4 residential units with separate entrances and on-site parking. Three one-bedroom suites provide consistent rental appeal: an upper unit with gas fireplace and in-suite laundry; a lower unit with entry porch, baseboard electric heat and laundry; and a middle unit with gas wall heater and laundry hook-up. The spacious five-bedroom unit at the rear includes three bedrooms up and two down, two kitchens, two bathrooms, main-floor laundry, forced-air gas heat with central air, in-floor radiant heat in the lower level, and a private sunroom. The split entrance offers excellent potential to divide this unit into two, adding further income possibilities. Separate hydro meters for each unit, along with a single gas and water meter, help streamline management. The clean, dry cellar under the main house and middle unit adds useful storage space. With strong rental demand in this popular lakeside town, the income potential is significant-ideal for investors, Airbnb, short or long term rentals, multi-generational living, or for an owner to reside in the larger unit while the other suites help offset expenses. Property will be sold vacant; ready to fulfil your real estate goals!
Price $830,000
Taxes: $4688.00
Occupancy: Tenant
Address: 228 Palmerston Street , Saugeen Shores, N0H 2L0, Bruce
Acreage: < .50
Directions/Cross Streets: Albert St. Highway 21
Rooms: 22
Rooms +: 5
Bedrooms: 6
Bedrooms +: 2
Family Room: F
Basement: Unfinished, Finished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 4 Main
Washroom Type 3 4 Main
Washroom Type 4 3 Main
Washroom Type 5 4 Lower
Washroom Type 6 4 Second
Washroom Type 7 4 Main
Washroom Type 8 4 Main
Washroom Type 9 3 Main
Washroom Type 10 4 Lower
Washroom Type 11 4 Second
Washroom Type 12 4 Main
Washroom Type 13 4 Main
Washroom Type 14 3 Main
Washroom Type 15 4 Lower
Washroom Type 16 4 Second
Washroom Type 17 4 Main
Washroom Type 18 4 Main
Washroom Type 19 3 Main
Washroom Type 20 4 Lower
Washroom Type 21 4 Second
Washroom Type 22 4 Main
Washroom Type 23 4 Main
Washroom Type 24 3 Main
Washroom Type 25 4 Lower
Washroom Type 26 4 Second
Washroom Type 27 4 Main
Washroom Type 28 4 Main
Washroom Type 29 3 Main
Washroom Type 30 4 Lower
Washroom Type 31 4 Second
Washroom Type 32 4 Main
Washroom Type 33 4 Main
Washroom Type 34 3 Main
Washroom Type 35 4 Lower
Washroom Type 36 4 Second
Washroom Type 37 4 Main
Washroom Type 38 4 Main
Washroom Type 39 3 Main
Washroom Type 40 4 Lower
Washroom Type 41 4 Second
Washroom Type 42 4 Main
Washroom Type 43 4 Main
Washroom Type 44 3 Main
Washroom Type 45 4 Lower
Washroom Type 46 4 Second
Washroom Type 47 4 Main
Washroom Type 48 4 Main
Washroom Type 49 3 Main
Washroom Type 50 4 Lower
Washroom Type 51 4 Second
Washroom Type 52 4 Main
Washroom Type 53 4 Main
Washroom Type 54 3 Main
Washroom Type 55 4 Lower
Washroom Type 56 4 Second
Washroom Type 57 4 Main
Washroom Type 58 4 Main
Washroom Type 59 3 Main
Washroom Type 60 4 Lower
Washroom Type 61 4 Second
Washroom Type 62 4 Main
Washroom Type 63 4 Main
Washroom Type 64 3 Main
Washroom Type 65 4 Lower
Total Area: 0.00
Approximatly Age: 100+
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick, Aluminum Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: None
Approximatly Age: 100+
Approximatly Square Footage: 3000-3500
Property Features: Arts Centre, Beach
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
$
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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

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This calculator 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.
Century 21 Millennium Inc.
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At a Glance:
Type: Freehold - Fourplex
Area: Bruce
Municipality: Saugeen Shores
Neighbourhood: Saugeen Shores
Style: 2-Storey
Lot Size: x 120.00(Feet)
Approximate Age: 100+
Tax: $4,688
Maintenance Fee: $0
Beds: 6+2
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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