The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Visit the REALTOR website for further information about this listing. Turnkey Cottage Resort - Just Steps from Port Elgin Beach! Welcome to an exceptional investment and lifestyle opportunity in the heart of Port Elgin. Located just a 2-minute walk from the area's famous sandy beach and only 20 minutes from Bruce Power, this well-established, year-round cottage resort offers strong rental appeal and endless potential. The property features a stunning 6-bedroom, 4-bathroom main residence built in 2008, along with five fully furnished, four-season cottages. The main home showcases an open-concept design with maple hardwood flooring, a beautiful stone fireplace, spacious living areas, one main-floor bedroom, sliding patio doors to the backyard, and a wraparound covered porch spanning three sides of the home. The residence has never been smoked in and has always remained pet-free. Each cottage is fully equipped with furnishings, refrigerator, stove, and low-maintenance steel roofing: Mill Road Corner - Cozy 2-bedroom cottage with covered front porch and sunset views. Centenary - Bright 3-bedroom cottage enjoying sunshine throughout most of the day. Bow Hill - Quiet 3-bedroom retreat surrounded by green space, ideal for lawn games and relaxation. Aberdeen - Shaded 3-bedroom cottage featuring family-friendly bunk beds. Hector's Place - Premium cottage offering a dishwasher, jacuzzi tub, and additional powder room. Beautifully maintained gardens and grounds create a welcoming resort atmosphere. Guests enjoy private picnic tables, BBQs, and Adirondack chairs at every cottage, along with shared amenities including a fire pit, pizza oven, gazebo, benches, and multiple outdoor sitting areas. Whether you're seeking a profitable hospitality business, family compound, or vacation investment, this turnkey property offers an incredible opportunity in one of Ontario's most desirable beach communities.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$9,566/mo
Mortgage (principal + interest)$8,975
Property taxFrom listing: $7,100/yr$592
Minimum 20% ($479,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$479,800
Ontario land transfer taxProvincial brackets, no first-time refund$46,450
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$529,050
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Saugeen Shores has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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