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Key Facts
Key facts for 684 Gustavus Street
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 6 parking
MLS #
X12087823
Size
2000-2500 sqft
Basement
Crawl Space,Unfinished
Listed on
2025-04-16
Lot size
66 x 132.0
Tax
$3,075.85 /yr
Days on Market
19
Approximate Age
-
Maintenance Fee
-
Description
DUPLEX!!!! _ Discover an exceptional investment opportunity in the vibrant heart of Port Elgin. This rare duplex, multi family, generational home features two well-appointed two-bedroom units and a unique back addition currently operating as a hair salon and could be used as a third bedroom etc. The... additional commercial 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 2132 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 side lot offers space for a legal unit that can be built to rent or live in, with an approved 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.
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