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Renanza Realty
For sale

121 SOUTH RANKIN STREET

Saugeen Shores, Ontario

MLS® X12104873

$1,350,000

Status
Active
Property type
Business
MLS® number
X12104873
Bedrooms
Bathrooms
Year built

Listing description

Opportunity is knocking! This is your chance to own a unique investment property that is generating income and brimming with potnential. Located in the sought after lake side community of Southampton along the renowned Saugeen River near the shores of Lake Huron.

Known as Riverview Tourist Camp and owned by the same family for over 50 years, this is a once in a lifetime opportunity. Situated on a 1. 23 acre riverfront lot with expansive river frontage and amazing river views this property is something special.

The camp is currently comprised of 20 seasonal trailer sites with electricity and municipal water & sewer (with the possibility of 2 more sites), a shower/bath building, two cozy cottages rented year-round, and a main 4 season house with 2 bedrooms/1. 5 bathrooms. The home would be perfect to use as your own private getaway or as an additional rental accommodation to drive more revenue.

The current zoning is commercial recreational and environmental protection giving way to a number of potential uses subject to the proper consultation and approvals with the municipality and conservation authority. The Saugeen River is recognized far and wide for its world class fishing. Enjoy easy boating access to Lake Huron.

This is an extraordinary opportunity to own a special little piece of Southampton. All measurements and boundaries are approximate and for reference purposes only.

Property summary

MLS® number
X12104873
Property type
Business
Square footage
1,544 sq ft
Land size
1.23 acres
Annual property taxes
$5,164.00
Days on market
488 days

Features & details

Heating
Other
Cooling
None
Lot features
Irregular lot size, Conservation/green belt

What would this home cost you?

Based on the $1,350,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,281 /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 Wilfred McIntee & Co Limited, SOUTHAMPTON.

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.