390 RIDGE Street, Saugeen Shores, ON

$929,900
MLS#:X10845808
5 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property no longer active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 brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $929,900 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 54 x 125 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: On Demand Water Heater, Sump Pump, Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This stunning 1627 sqft, 3 + 2 bedroom bungalow on the West side of Ridge Street in Port Elgin is ready for immediate occupancy. You can hear the waves from your backyard. This plan features an open concept great room, dining area and kitchen with hardwood floors, gas fireplace and walkout to a covered deck. Standard features in this home include, Quartz counter tops in the kitchen, hardwood staircase to the basement, tiled shower in the ensuite, cabinets in the laundry room, hardwood and ceramic throughout and 9ft ceilings on the main floor, concrete drive, completely sodded yard and 2 gas fireplaces. The basement is finished; adding a family room, 2 more bedrooms, and a full bath with plenty of room left over for storage. HST is included in asking price provided the Buyer qualifies for the rebate and assigns it to the Builder on closing. Prices are subject to change without notice.

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Property Summary

This detached home located at 390 RIDGE Street, Saugeen Shores is currently for sale and has been available on SousaSells for 730 days. This property is listed at $929,900 with an estimated mortgage of $3,095* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 390 RIDGE 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
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFinished, Full
Lot Size54 × 125
CountyBruce
Annual Tax$0
Legal DescriptionLOT 78, PLAN 3M246 SUBJECT TO AN EASEMENT IN GROSS OVER PART 61, 3R10281 AS IN BR150529 MUNICIPALITY OF SAUGEEN SHORES, COUNTY OF BRUCE

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

On Demand Water Heater, Sump Pump, Air Exchanger

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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390 RIDGE 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 390 RIDGE Street, Saugeen Shores, ON N0H 2C3

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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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$278,970 (30.0%)
* Minimum Canadian down payment required for this price is $67,990.
Amortization Period30 Years
Estimated Monthly Payment$3,095Based on a loan of $650,930 over 30 years.
Purchase Price$929,900
Loan Amount$650,930
Provincial Land Transfer Tax:$15,073
Total Estimated Closing Taxes:$15,073

About Purchasing a Home in Saugeen Shores, ON

For a property listed at $929,900 in Saugeen Shores, the legal minimum down payment is $67,990 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 $15,073 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 $15,073.

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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.