582 Johnston Avenue Port Elgin, ON N0H 2C1
Listing Courtesy of:  CREA / Wilfred Mcintee & Co Ltd Brokerage (southampton)

  582 Johnston Avenue Port Elgin, ON N0H 2C1

Active (110 Days)
$925,000
5
BED
5
BATH

Description

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:41440)

MLS®:
40590933
Type
Multifamily
Year Built
1910
County
Bruce County

Listed By

Mac Ferris, Wilfred Mcintee & Co Ltd Brokerage (southampton)
Source
CREA
Last checked Sep 8 2024 at 12:49 AM EDT
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • Microwave
  • Window Coverings
  • Garage Door Opener
Subdivision
  • Saugeen Shores
Lot Information
  • Automatic Garage Door Opener
  • Crushed Stone Driveway
  • Gazebo
  • Visual Exposure
  • Shared Driveway
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Wall Unit
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Vinyl Siding
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 12
  • Detached Garage
  • Visitor Parking
  • Covered
Stories
  • 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 19, 2024
Price Changed
$925,000
-6%
-55,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 9/7/24 17:49