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Renanza Realty
For sale

650 HIGHLAND STREET

Saugeen Shores, Ontario

MLS® X13766190

$1,599,000

Status
Active
Property type
House
MLS® number
X13766190
Bedrooms
3
Bathrooms
3
Year built
—

Listing 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.

Property summary

MLS® number
X13766190
Property type
Single Family
Building type
Other
Land size
107.1 x 153 FT
Annual property taxes
$7,779.00
Parking
4 spaces · No Garage
Days on market
18 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, N/A
Appliances
Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Furniture, Window Coverings, Water Heater
Exterior features
Vinyl siding
Lot features
Flat site

What would this home cost you?

Based on the $1,599,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,440 /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 Peak Edge Realty Ltd., HANOVER.

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.