177 Elgin Street, Saugeen Shores, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $449,900 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 700-1100 sqft on a premium 33 x 66 ft lot
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient fan coil heating via electric
Description
Opportunity meets location at 177 Elgin Street in Port Elgin. This 3-bedroom, 1-bathroom cottage has been a successful rental property for a number of years, attracting many repeat cottagers who return year after year to enjoy its unbeatable location just steps from the harbour and Main Beach. For investors, this property offers the potential to continue an established rental history in one of Port Elgin's most desirable areas, with strong appeal across the seasons. The 4-season layout and gas fireplace help extend its use beyond the summer months, while recent updates add value and peace of mind, including newer windows (2017), gas fireplace (2012), roof (2023), and a 200-amp breaker panel. Whether you choose to continue operating it as a sought-after rental cottage, enjoy it personally while generating supplemental income, or hold it as an investment in a prime Port Elgin location, the possibilities are endless. With the beach, harbour, and downtown amenities all within walking distance, this is an opportunity to invest in a property with a proven rental track record and a location that keeps guests coming back.
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Property Summary
This detached home located at 177 Elgin Street, Saugeen Shores is currently for sale and has been available on SousaSells for 1 day. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 177 Elgin Street, Saugeen Shores is in the Saugeen Shores neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Saugeen Shores, Saugeen Shores.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Saugeen Shores.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 177 Elgin Street, Saugeen Shores, ON
Q.What is the asking price for 177 Elgin Street, Saugeen Shores, ON ?
The current listing price for 177 Elgin Street, Saugeen Shores, ON in Saugeen Shores, Saugeen Shores is $449,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 177 Elgin Street, Saugeen Shores, ON ?
177 Elgin Street, Saugeen Shores, ON is a Detached (1 1/2 Storey) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 177 Elgin Street, Saugeen Shores, ON N0H 2C0
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About Purchasing a Home in Saugeen Shores, ON
For a property listed at $449,900 in Saugeen Shores, the legal minimum down payment is $22,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,473 for this transaction. As this listing is in Saugeen Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,473.
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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.