213461 Baseline Rd. R. R. #1 Hanover, ON
519-369-7450
< Back
Main picture of 228 PALMERSTON STREET
Secondary picture of 228 PALMERSTON STREET
Third picture of 228 PALMERSTON STREET

+47

228 PALMERSTON STREET

Saugeen Shores, Ontario

$799,000.00

  Mortgage Info

8
5
66 x 120 FT

About This Property:


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!

Listing Info:

Price:
$799,000.00
Property Type:
Multi-family
Stories:
2
Bedrooms:
8
Bathrooms:
5
Partial Bathrooms:
0
Lot Size:
66 x 120 FT
Exterior Finish:
Brick, Aluminum siding
Foundation Type:
Stone, Concrete
Status:
For sale

Location:

Address: 228 PALMERSTON STREET, Saugeen Shores, Ontario, N0H2L0


Realtor

Get in Touch

Richard Graham

Sales Representative

Looking to buy Real Estate in Hanover or sell your Hanover property? Richard Graham can help.

Coldwell Banker Peter Benninger Realty

 

Address

Office
120 Jackson St S
Walkerton, ON
N0G 2V0

Personal
213461 Baseline Rd.
R. R. #1 Hanover, ON
N4N 3B8

Contact

Office: 519 881-2551
Cellular: 519 369-7450
richard@hanoverrealestate.ca

 

Please enter your name.
Please enter a valid email address.
Please enter your phone number.
Please enter a message.

MENU