245 LAKE Street, Saugeen Shores, ON
Property no longer active
This property was sold on December 15, 2024. This listing is for reference purposes only. to view the sold price.
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
Description
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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Property Summary
This detached home located at 245 LAKE Street, Saugeen Shores is currently for sale and has been available on SousaSells for 717 days. This property is listed at $849,900 with an estimated mortgage of $2,829* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 245 LAKE 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital
Interior Features
Water Meter, Water Heater Owned
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Saugeen Shores, ON
For a property listed at $849,900 in Saugeen Shores, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.
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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.