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Renanza Realty
For sale

104 THIRD AVENUE N

South Bruce Peninsula, Ontario

MLS® X12936890

$799,000

Status
Active
Property type
Business
MLS® number
X12936890
Bedrooms
Bathrooms
6
Year built

Listing description

5 COTTAGES IN THE CORE BEACH AND BUSINESS DISTRICT! Rarely does an opportunity emerge to own a quintessential piece of Sauble Beach's core and history. Perfectly positioned just steps from the iconic sandy shoreline, this 5-cottage assembly is more than just an income property, it is a high-visibility stake in one of Ontario's most sought-after destinations.

Whether you are looking for a long-term beach-town holding, a family compound, or a hands-on business with immediate cash flow, this property offers a footprint that is difficult to find in today's market. The property features five 2-bedroom cottages, each thoughtfully equipped with pull-out couches for extra guests and decks furnished with their own BBQs to maximize guest capacity and comfort. Among them is a winterized cottage with wood-burning f/p featuring a 4-piece bath, offering the flexibility for year-round residency or premium off-season rental income.

The four seasonal units feature 3-piece baths and have become a "home away from home" for a loyal, repeat clientele base. This is a turn-key operation designed for seamless guest experiences, including on-site office with laundry facilities, plus two storage sheds for maintenance and gear, 2 communal fire pits and a dedicated play area that anchor the nostalgic, family-friendly atmosphere and a "park-once" location where guests are seconds away from the beach, boutiques, and the vibrant energy of Main Street and Lakeshore Blvd. While currently operating as a successful, high-occupancy rental business (including the business name, website, and nearly all contents), the true value lies in the long-term appeal of this central lot.

For the visionary investor, there is significant "value-add" potential to refresh these vintage gems and capture even higher yields. Capture the income today, secure the land for the future, and invest in the core of Sauble Beach.

Property summary

MLS® number
X12936890
Property type
Business
Square footage
573 sq ft
Land size
50 x 150 FT
Annual property taxes
$3,872.36
Parking
8 spaces
Days on market
149 days

Features & details

Heating
Not known
Cooling
Partially air conditioned
Appliances
Washer, Dryer, Microwave
Lot features
Irregular lot size

What would this home cost you?

Based on the $799,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,718 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Estate Realty, SAUBLE BEACH.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

104 THIRD AVENUE N, South Bruce Peninsula, Ontario — For Sale | Renanza