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582 Johnston Avenue Port Elgin, Ontario N0H 2C1

5 Bedroom5 Bathroom3700 sqft
Wall UnitForced Air

$980,000

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:48745)

Property Details

MLS® Number40590933
Property Type Multi-family
Amenities Near ByAirport, Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Schools, Shopping
Community FeaturesHigh Traffic Area, Quiet Area, Community Centre, School Bus
FeaturesVisual Exposure, Crushed Stone Driveway, Shared Driveway, Gazebo, Automatic Garage Door Opener
Parking Space Total12
StructureWorkshop, Shed, Porch

Building

Bathroom Total5
Bedrooms Total5
AppliancesMicrowave, Window Coverings, Garage Door Opener
Basement DevelopmentUnfinished
Basement TypePartial (unfinished)
Constructed Date1910
Cooling TypeWall Unit
Exterior FinishVinyl Siding
Foundation TypeStone
Heating FuelNatural Gas
Heating TypeForced Air
Stories Total2
Size Interior3700 Sqft
TypeFourplex
Utility WaterMunicipal Water

Parking

Detached Garage
Covered
Visitor Parking

Land

Access TypeWater Access, Road Access, Highway Access
AcreageNo
Fence TypePartially Fenced
Land AmenitiesAirport, Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Schools, Shopping
SewerMunicipal Sewage System
Size Depth145 Ft
Size Frontage76 Ft
Size Total TextUnder 1/2 Acre
Zoning DescriptionCc

https://www.realtor.ca/real-estate/26917901/582-johnston-avenue-port-elgin

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