650 Highland Street, Saugeen Shores, ON N0H 2C0

$1,599,000
3
BD
3
BA
1,100
SqFt

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List Price
$1,599,000
MLS#
X13766190
Status
ACTIVE
Type
Single Family Residential
SubType
Other
Style
1 1/2 Storey
Bedrooms
3
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
Saugeen Shores
Area
Bruce
Neighborhood
Saugeen Shores
Subdivision
Green & Highland

Property Description

Welcome to 650 Highland Street known as "The Maples", a rare investment opportunity in one of Port Elgin's most sought-after locations. Just 2 blocks from the sandy beaches and breathtaking sunsets of Lake Huron, this exceptional corner property offers the perfect combination of lifestyle, comfort, and income potential. The property features a 3 bedroom owner-occupied residence along with eight(seven-2 bedroom - 1- 3 bedroom) fully furnished and updated and winterized, income-generating cottages, making it an ideal opportunity for investors, entrepreneurs, or those seeking a unique live-and-work lifestyle. Three cottages(E-F-C)(is equipped with energy-efficient ductless mini-split heating and air conditioning units. The other five cottage have portable AC units.Cottages and home have had numerous upgrades, providing modern comfort and peace of mind. The home provides welcoming living spaces that are perfect for both everyday living and hosting guests. The eight cottages have been well maintained and are fully equipped for seasonal or year-round rentals, allowing for multiple income streams. Situated on a generously sized lot with excellent visibility and ample parking, the property is ideally positioned to attract vacationers, seasonal visitors, and long-term guests alike. Located within walking distance of Port Elgin's waterfront, trails, restaurants, shops, and local attractions, this property offers guests and owners the best of Ontario's west coast lifestyle. Whether you're looking to expand your investment portfolio, operate a successful hospitality business, or enjoy lakeside living while generating rental income, this property presents an outstanding opportunity.

Additional Information

Taxes
$7,779
Water
Comm Well
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
1
Exterior
Vinyl Siding
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
4
Parking Type
Private Triple, Front Yard Parking

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Peak Edge Realty Ltd..