783 ELGIN Street, Saugeen Shores, ON

$429,900
MLS#:X10848833
2 beds
1 baths
700-1100 sqft
2.0 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Property no longer active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 insulbrick and wood construction, this residence presents an exceptional opportunity offered at $429,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 49.3 x 132.8 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

Welcome to 783 Elgin Street in the heart of Port Elgin, ON. This charming 2-bedroom, 1-bathroom home, ideal for first-time home buyers, offers a total of approx. 1500 sq ft of living space including the unfinished basement. Nestled on a spacious 49x132 foot lot in a quiet neighborhood, this property provides a serene and welcoming environment. Step inside to discover a cozy and inviting atmosphere. The updated kitchen boasts modern finishes and ample storage. The large sunroom at the rear of the home floods the interior with natural light and provides a perfect transition to the outdoors. In the back yard you will find the large wood deck, just outside of the sunroom, perfect for outdoor entertaining and enjoying the peaceful backyard. The rear of the property also features a gate that opens into the alleyway, adding an extra layer of convenience and accessibility. The unfinished basement offers great potential for a workshop or additional storage space, catering to your specific needs and hobbies. With its prime location, this home is close to local amenities, schools, parks, and downtown Port Elgin, making it a perfect blend of convenience and tranquility. Don't miss the opportunity to make 783 Elgin Street your new home. This property is a perfect entry point into the real estate market and is waiting for you to add your personal touch. Schedule a viewing today!

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Property Summary

This detached home located at 783 ELGIN Street, Saugeen Shores is currently for sale and has been available on SousaSells for 767 days. This property is listed at $429,900 with an estimated mortgage of $1,431* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 783 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
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionInsulbrick, Wood
BasementUnfinished, Full
Lot Size49.3 × 132.8
CountyBruce
Annual Tax$2,285.65
Legal DescriptionPT LT 21, 20 BLK 90 PL 11 AS IN R375147; SAUGEEN SHORES

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Golf, Hospital

Interior Features

Water Heater

Security Features

Community Features

Location

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783 ELGIN 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 783 ELGIN Street, Saugeen Shores, ON N0H 2C4

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$128,970 (30.0%)
* Minimum Canadian down payment required for this price is $21,495.
Amortization Period30 Years
Estimated Monthly Payment$1,431Based on a loan of $300,930 over 30 years.
Purchase Price$429,900
Loan Amount$300,930
Provincial Land Transfer Tax:$5,073
Total Estimated Closing Taxes:$5,073

About Purchasing a Home in Saugeen Shores, ON

For a property listed at $429,900 in Saugeen Shores, the legal minimum down payment is $21,495 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 $5,073 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 $5,073.

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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.