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238 Mill Street

238 Mill Street

Saugeen Shores, ON

9,160 sqft • Investment • 553 days on market

$664,500Price reduced 4%

Welcome to Spring Mill Cottages in Beautiful Port Elgin! This is a fantastic Year-Round Cottage Rental Property consisting of: 3 Year-Round Rental Cottages (each Cottage has 2 Bed/1 Bath) + a lovely lot with lots of outdoor space for you & your Tenants to enjoy! What makes Spring Mill Cottages great? The lovely location is a short walk to the beautiful beach & Lake Huron access, not to mention a short walk or bike ride away from all the charming shops, restaurants & amenities featured in the Downtown core. There are also a TON of year-round recreational activities nearby including: hiking, biking, walking trails, snowmobiling, ATV trails, swimmingso its not hard to get out and get active in any season! Spring Mill Cottages endeavors to make all their Tenants feel like its their Home Away from Home and has everything on site to make the most of each stay. This is a great opportunity for a new Owner. Live in one Cottage and rent out the other two Cottages or rent them all out and live off-site. Tons of possibilities here!

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Listing Details

Taxes (2024)
$3,770
Originally Listed
$689,000
Listed
February 14, 2025

Price History

Property

Lot Size
69.01 x 132.88 Feet

Location & Legal

Cross Street
MILL STREET & SPRING STREET
Zoning
R1-3
Parcel Number
332700025

Commercial

Business Type
Cabins/Cottages
Occupancy
Tenant

Included

Inclusions
ALL CHATTELS INSIDE & OUTSIDE
Exclusions
PERSONAL ITEMS BELONGING TO THE SELLER AND TENANTS
Rental Items
PROPANE TANK

Community

Postal area N0H

Population
53,674
Private dwellings
34,400
Median age
52.8
Average household size
2.3
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Saugeen Shores · last 12 months

Median sold price
$660,000
Homes sold
264
Median days on market
37
Sale-to-list price
97.4%

Based on 264 recorded sales of commercial properties in Saugeen Shores over the last 12 months.

Listed by

Peak® Point Real Estate

Location

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