245 LAKE Street, Saugeen Shores, ON

$849,900
MLS#:X10846784
3 beds
1 baths
1100-1500 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $849,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 43.9 x 55.02 ft lot
  • Features a ["unfinished", "crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Water Meter, Water Heater Owned
  • equipped with ["other"] central cooling and highly efficient baseboard heating via electric

Nestled in the highly sought-after "towel zone," just one block away from the tennis club and the pristine Southampton sand beach, this charming 3 bedroom cottage presents a rare opportunity to own a piece of history. The main cottage was originally built by Allan Seaman and lovingly maintained by the same family since 1958, this gem has never before been offered for sale. An extension to the Primary Bedroom and the Laundry Room were added in the 60’s and the Sunroom was built in 1976. The Garden Shed was added in 2002. This turnkey, year-round cottage comes fully furnished and boasts all the comforts of home, making it an ideal retreat in any season. The Lennox 1.5 ton heat pump ensures cool air in the summer and cozy warmth in the winter, providing a comfortable living environment throughout the year. Heat pump is backed up with electric baseboard heat. Ceiling insulation was increased to R-50 in 2016. The Primary bedroom boasts a King size bed and three closets with built-ins. The bedroom at end of the hall has a Queen size bed and the 3rd bedroom has a double bed. The Sunroom has a sectional and it houses a Queen size pullout. Blinds are on all windows and doors for privacy for overnight guests if needed. Four private rooms for sleeping. The Kitchen was updated in 2013 with white Shaker cabinets and new white appliances. Situated on a private lot, the cottage offers a low-maintenance lifestyle, allowing you to enjoy your time without the hassle of extensive upkeep. The property has been thoughtfully updated over the years, combining modern amenities with its classic charm. Don't miss out on this rare opportunity to own a lovingly cared-for cottage in one of the most desirable locations. With its prime proximity to the beach and tennis club, this property is packed with features and ready to provide endless enjoyment for its new owners.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding
Lot Size43.9 × 55.02
CountyBruce
Annual Tax$3,363.76
Legal DescriptionPART LOT 48 PLAN 334 AS IN R105083; SAUGEEN SHORES

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Other"]

Features

Property Features

Golf, Hospital

Community Features

Location

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245 LAKE Street, Saugeen Shores, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Saugeen Shores, Saugeen Shores.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$776,821

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Northport
Public1000 Waterloo Street, Port Elgin, Ontario, N0H 2C2
6.2
St Joseph's
Public584 Stafford Street, Port Elgin, Ontario, N0H 2C1
6.9
Port Elgin-Saugeen Central
Public504 Catherine Street, Port Elgin, Ontario, N0H 2C1
5.5
G C Huston
Public61 Victoria Street North, Southampton, Ontario, N0H 2L0
4.1

Secondary Schools

Saugeen
Public780 Gustavus Street, Port Elgin, Ontario, N0H 2C4
6.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 245 LAKE Street, Saugeen Shores, ON N0H 2L0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$679,920
Monthly Mortgage$3,951
Property Tax (Est.)$280
Utilities & Maint.$350
Total Monthly Cost$4,581

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Saugeen Shores.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.