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.
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 Details
Listing
MLS® number
X13766190
Status
For Sale
Listed
Sep 10, 2026
Last updated
Sep 10, 2026
Possession
30-59 days
Building
Type
Residential Freehold
Style
1 1/2 Storey
Approx. age
51-99
Approx. size
1,100–1,500 ft²
Basement
Finished
Lot
Frontage
107.05 ft
Depth
153.00 ft
Lot area
≈ 16,379 ft² (calculated)
View
East
Community
Saugeen Shores
Parking & utilities
Garage
None, 0 spaces
Driveway
Private Triple, Front Yard Parking, 4 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$7,779 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
Peak Edge Realty Ltd.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 0
Kitchens: 1 above grade · 0 below grade
Basement: Finished
Heating: Forced Air
Cooling: Central Air
Fireplaces: 1
Exterior
Waterfront features: None
Pool features: None
Property features: Beach, Campground, Golf, Hospital, Marina
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$6,630/mo
Mortgage (principal + interest)$5,982
Property taxFrom listing: $7,779/yr$648
Minimum 20% ($319,800 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$319,800
Ontario land transfer taxProvincial brackets, no first-time refund$28,455
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$351,055
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.
