For Sale: 558 Green Street, Saugeen Shores, ON - REW
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$1,150,000
5 bd • 4 ba • 1100 - 1499 sf • House
558 Green Street
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558 Green StreetSaugeen Shores, ON, N0H 2C1

  • 5 Bed
  • 4 Bath
  • 1100 - 1499 Sqft
  • House

About this home

Discover a rare opportunity to own a versatile income-producing property in a highly desirable central location in Port Elgin. Situated on a generous double lot measuring 132 ft x 132 ft, this unique property features a charming yellow brick duplex with a 2-bedroom upper unit and a one-bedroom main-level unit, plus two additional one-bedroom winterized cabins. Ample parking for all units. Offered turnkey with established rental income. Ideally located within walking distance to the main beach and just one street back from the main strip, this property offers convenient access to local restaurants, pubs, shopping, and other amenities. The prominent corner lot and substantial land size add to its appeal, presenting an exciting opportunity for investors looking to maximize rental income while exploring future redevelopment possibilities. With its combination of existing cash flow, desirable location, and generous lot size, this property offers excellent potential for a variety of investment strategies. Explore the possibilities for multi-unit residential development and townhouses, and relocate the cottages to another site, as they are suitable for additional rental units. There is the potential of up to 24 units, subject to municipal zoning, applicable regulations, and approvals. Whether you're looking to expand your rental portfolio, invest in a sought-after beachside community, or secure a property with long-term development potential, this is an opportunity you won't want to miss! (id:63626)
Listed by: DANIELLE SPRY, Salesperson, RE/MAX Land Exchange Ltd.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$3,660
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
9
Parking Details
Attached Garage, No Garage
Property Type
House
Lot Size
132 ft x 132 ft (17424 ft²)
Depth
132 feet
Frontage
132.0 feet
Exterior Finish
Brick, Vinyl siding
Heating Type
Baseboard heaters, Forced air, Electric, Natural gas
Cooling
Window air conditioner
Basement Details
Unfinished,
Features
In-Law Suite
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater
Agent details
Primary Agent
DANIELLE SPRY
Primary Broker
RE/MAX Land Exchange Ltd.
Secondary Agent
Secondary Broker
RE/MAX Land Exchange Ltd.
Listing details
Days on REW
2 Days
MLS® Number
X14082762
Source
Canadian Real Estate Association
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Property Insights

St Joseph's School
  • Catholic
  • JK - 8
Port Elgin-Saugeen Central School
  • Public
  • JK - 8
Saugeen District Secondary School
  • Public
  • 9 - 12
Northport Elementary School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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