341 Palmerston Street, Saugeen Shores, ON

$634,900
MLS#:X13423708
4 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised duplex located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $634,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 73.41 x 103.83 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Separate Hydro Meter, Water Meter
  • equipped with wall unit(s) central cooling and highly efficient heat pump heating via gas

Description

Welcome to 341 Palmerston St. - This charming raised bungalow is nestled in a private neighbourhood, this property presents a unique opportunity for homeowners seeking rental income, or families looking for a multigenerational living arrangement. With four spacious bedrooms and over 2200 square feet of living space, this home blends modern design with practicality. Upon entering, you are welcomed by a bright and inviting atmosphere. The main floor features an open-concept living area that is perfect for entertaining or enjoying a quiet evening at home. The kitchen is well-appointed with ample storage, while the two adjacent bedrooms provide comfort and tranquility. The lower level boasts a seamless flow from the living area to the second kitchen complete with all the essentials for cooking and entertaining. Two more bedrooms offer privacy and relaxation, making this unit highly attractive for a growing or extended family. This is a Legal Duplex so whether you choose to occupy the entire property, or take advantage of its rental income potential, financial flexibility is at your fingertips. Offset your mortgage with rental revenue or utilize the entire living space. Recent renovations provide added peace of mind, including a fully renovated basement, exterior waterproofing completed in 2021, updated electrical in 2021, and a basement 3 pc washroom and laundry. Don't miss this incredible opportunity to own this spacious home in a highly sought-after area. Schedule a viewing today!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/8/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFull, Finished
Lot Size73.41 × 103.83 Feet
CountyBruce
Annual Tax$4,655.48
Legal DescriptionPART LOT 13 WEST OF GREY ST., RP 3R367 PART 1

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingWall Unit(s)

Features

Property Features

Beach, Golf, Hospital, Place Of Worship, School, Library

Interior Features

Accessory Apartment, Separate Hydro Meter, Water Meter, Water Heater Owned, Sump Pump

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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341 Palmerston Street, 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 341 Palmerston 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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Market Trend
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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 Rate5.25%
Down Payment$38,490 (6.1%)
* Minimum Canadian down payment required for this price is $38,490.
Amortization Period25 Years
Estimated Monthly Payment$3,554Based on a loan of $596,410 over 25 years.
Purchase Price$634,900
Loan Amount$596,410
Provincial Land Transfer Tax:$9,173
Total Estimated Closing Taxes:$9,173

About Purchasing a Home in Saugeen Shores, ON

For a property listed at $634,900 in Saugeen Shores, the legal minimum down payment is $38,490 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 $9,173 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 $9,173.

Nearby Listings

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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$829,903

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.