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$ 675,000
Est. payment /mo
Active
557 Catherine ST Saugeen Shores, ON N0H 2C1
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Saugeen Shores
MLS Listing ID X12144483
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $2,734
Tax Year 2024
Property Sub-Type Detached
Property Description
NOT ONE, BUT TWO DWELLINGS!!!! Live In One, Rent Out The Other! Sounds like a win-win! Renovated Investment Opportunity 557 Catherine Street, Port Elgin. Investment potential at this exceptional property featuring a renovated main home, and a 4 season cottage dwelling that was moved to this property and placed on its foundation with permitting in place; in the heart of Port Elgin. The main home has been transformed from the studs out, with a thoughtful design throughout. With 4 (2+2) bedrooms and 2 bathrooms, this home has a sleek kitchen with great appliances, and a bright and airy living space perfect for families or professionals. Almost all details have been updated including flooring ensuring a low-maintenance investment for years to come. Adding to the property's income potential is the secondary dwelling a 2-bedroom, 1-bath Accessory Residential Unit (ARU). Ideal for tenants, or short-term rentals, this well-appointed unit is a stand alone 4 season cottage. Situated within walking distance to St. Josephs and Saugeen Central schools, this prime location appeals to families and tenants alike and there is a daycare, right across the street for those working families. Enjoy a leisurely stroll to downtown Port Elgin for local shops, dining, and amenities, or take a quick bike ride to the stunning shores of Lake Huron to catch one of the areas iconic sunsets. Whether you're looking to generate rental income or secure a multi-family investment, 557 Catherine Street delivers unmatched value with two updated rental units in a sought-after location. Don't miss this opportunity, call today to arrange a viewing and explore the potential of this versatile Port Elgin property. Listing photos are not current - taken immediately following the renovations. Due to tenants and privacy, we are using photos from just after the reonvations, and could not do our normal video walk-through.
Location
Province ON
County Bruce
Community Saugeen Shores
Area Bruce
Rooms
Family Room No
Basement Partial Basement
Kitchen 1
Interior
Interior Features Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch, Year Round Living
Pool None
Roof Type Shingles
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 4
Building
Unit Features Beach,School
Foundation Concrete
Listed by RE/MAX Four Seasons Realty Limited
