137 ELGIN Street, Unit Call LBO, Saugeen Shores, ON

$824,990
MLS#:X10876971
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on September 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other condo apartment located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $824,990 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into easy, breezy condominium living with this stunning unit at the Edinburgh Club. The bright, open-concept living area maximizes comfort and style, featuring large windows that flood the space with natural light and offer breathtaking views of the surrounding parklands and Harbour. Elegant floors flow throughout, creating a warm and inviting atmosphere. The spacious living room opens to a private balcony, perfect for enjoying morning coffee or evening sunsets. A modern kitchen equipped with high-end stainless steel appliances, granite countertops, and ample cabinetry is a chef's dream. Adjacent to the kitchen is a cozy dining area, ideal for intimate dinners or larger gatherings. Enjoy a tranquil retreat in the primary bedroom, offering scenic views, a comfortable bed, and generous closet space. Versatile space in the additional bedroom can be used for a guest room, home office, or personal sanctuary. Designed with comfort and functionality in mind, both bedrooms ensure a restful night's sleep. Modern, well-appointed bathrooms feature stylish fixtures and finishes, providing a spa-like experience at home. This unit is accessible and secure, featuring an accessible ensuite. Located in the vibrant community of Port Elgin along the picturesque shores of Lake Huron, the Edinburgh Club is comprised of 16 well-constructed ICF units, ensuring durability and energy efficiency. The building's rooftop patio offers breathtaking views of the marina, sandy beach, and Lake Huron, perfect for relaxing and enjoying spectacular sunsets. Sit by one of the building's gas firepits or enjoy a BBQ at the rooftop BBQ stations, making it an ideal spot for socializing and unwinding. This prime location offers easy access to outdoor amenities. Step outside to enjoy the beach, harbour, walking and biking trails, and North Shore Park. The upcoming Cedar Crescent Village will add even more convenience, with planned amenities such as a restaurant and shops.

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Property Summary

This condo apartment located at 137 ELGIN Street, Saugeen Shores is currently for sale and has been available on SousaSells for 736 days. This property is listed at $824,990 with an estimated mortgage of $2,746* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 137 ELGIN Street, Saugeen Shores is in the Saugeen Shores neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleOther
ConstructionConcrete
CountyBruce
Annual Tax$5,004
Legal DescriptionUNIT 6, LEVEL 3, BRUCE STANDARD CONDOMINIUM PLAN NO. 34 AND ITS APPURTENANT INTEREST TOWN OF SAUGEEN SHORES

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital

Interior Features

Other

Security Features

Community Features

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Location

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137 ELGIN Street, Unit Call LBO, Saugeen Shores, ON
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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 137 ELGIN Street 306, Saugeen Shores, ON N0H 2C2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Saugeen Shores.

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Interest Rate4.00%
Down Payment$247,497 (30.0%)
* Minimum Canadian down payment required for this price is $57,499.
Amortization Period30 Years
Estimated Monthly Payment$2,746Based on a loan of $577,493 over 30 years.
Purchase Price$824,990
Loan Amount$577,493
Provincial Land Transfer Tax:$12,975
Total Estimated Closing Taxes:$12,975

About Purchasing a Home in Saugeen Shores, ON

For a property listed at $824,990 in Saugeen Shores, the legal minimum down payment is $57,499 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 $12,975 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 $12,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Saugeen Shores, Saugeen Shores.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$814,136

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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.