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.
Discover a rare opportunity to own a versatile income-producing property in a highly desirable central location in Port Elgin. Situated on a generous double lot measuring 132 ft x 132 ft, this unique property features a charming yellow brick duplex with a 2-bedroom upper unit and a one-bedroom main-level unit, plus two additional one-bedroom winterized cabins. Ample parking for all units. Offered turnkey with established rental income. Ideally located within walking distance to the main beach and just one street back from the main strip, this property offers convenient access to local restaurants, pubs, shopping, and other amenities. The prominent corner lot and substantial land size add to its appeal, presenting an exciting opportunity for investors looking to maximize rental income while exploring future redevelopment possibilities. With its combination of existing cash flow, desirable location, and generous lot size, this property offers excellent potential for a variety of investment strategies. Explore the possibilities for multi-unit residential development and townhouses, and relocate the cottages to another site, as they are suitable for additional rental units. There is the potential of up to 24 units, subject to municipal zoning, applicable regulations, and approvals. Whether you're looking to expand your rental portfolio, invest in a sought-after beachside community, or secure a property with long-term development potential, this is an opportunity you won't want to miss!
Property Details
Listing
MLS® number
X14082762
Status
For Sale
Listed
Oct 15, 2026
Last updated
Oct 15, 2026
Possession
60-89 days
Building
Type
Residential Freehold
Style
1 1/2 Storey
Approx. age
100+
Approx. size
1,100–1,500 ft²
Basement
Unfinished
Lot
Frontage
132.00 ft
Depth
132.00 ft
Lot area
≈ 17,424 ft² (calculated)
View
South
Community
Saugeen Shores
Parking & utilities
Garage
Attached, 1 space
Driveway
8 spaces
Heating
Baseboard
Cooling
Window Unit(s)
Water / sewer
Not provided by brokerage
Taxes
Property tax
$3,660 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
RE/MAX Land Exchange Ltd.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 4
Bedrooms below grade: 1
Kitchens: 3 above grade · 1 below grade
Basement: Unfinished
Heating: Baseboard
Cooling: Window Unit(s)
Exterior
Pool features: None
Property features: Beach, Hospital, Marina, Rec./Commun.Centre, School, Library
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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$4,607/mo
Mortgage (principal + interest)$4,302
Property taxFrom listing: $3,660/yr$305
Minimum $90,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. 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$230,000
Ontario land transfer taxProvincial brackets, no first-time refund$19,475
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$252,275
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
