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$675,000
Available - For Sale
Listing ID: X12144483
NOT ONE, BUT TWO DWELLINGS!!!! Live In One, Rent Out The Other! Sounds like a win-win! Renovated Investment Opportunity 557 Catherine Street, Port Elgin. Investment potential at this exceptional property featuring a renovated main home, and a 4 season cottage dwelling that was moved to this property and placed on its foundation with permitting in place; in the heart of Port Elgin. The main home has been transformed from the studs out, with a thoughtful design throughout. With 4 (2+2) bedrooms and 2 bathrooms, this home has a sleek kitchen with great appliances, and a bright and airy living space perfect for families or professionals. Almost all details have been updated including flooring ensuring a low-maintenance investment for years to come. Adding to the property's income potential is the secondary dwelling a 2-bedroom, 1-bath Accessory Residential Unit (ARU). Ideal for tenants, or short-term rentals, this well-appointed unit is a stand alone 4 season cottage. Situated within walking distance to St. Josephs and Saugeen Central schools, this prime location appeals to families and tenants alike and there is a daycare, right across the street for those working families. Enjoy a leisurely stroll to downtown Port Elgin for local shops, dining, and amenities, or take a quick bike ride to the stunning shores of Lake Huron to catch one of the areas iconic sunsets. Whether you're looking to generate rental income or secure a multi-family investment, 557 Catherine Street delivers unmatched value with two updated rental units in a sought-after location. Don't miss this opportunity, call today to arrange a viewing and explore the potential of this versatile Port Elgin property. Listing photos are not current - taken immediately following the renovations. Due to tenants and privacy, we are using photos from just after the reonvations, and could not do our normal video walk-through.
Price $675,000
Taxes: $2,734
Assessment Year: 2024
Occupancy by: Tenant
Address: 557 Catherine Stre , Saugeen Shores, N0H 2C1, Bruce
Directions/Cross Streets: Catherine/Waterloo
Rooms: 10
Bedrooms: 4
Bedrooms +: 0
Washrooms: 2
Family Room: F
Basement: Partial Base
No. of Pieces Level
Washroom 1:  3
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  3
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  3
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  3
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  3
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Property Type: Detached
Style: 1 1/2 Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 4
Pool: None
Other Structures: Other
Approximatly Square Footage: 1100-1500
Property Features: Beach
School
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Four Seasons Realty Limited

557 Catherine Stre , Saugeen Shores, N0H 2C1, Bruce


 
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At a Glance:
Type: Freehold - Detached
Area: Bruce
Municipality: Saugeen Shores
Neighbourhood: Saugeen Shores
Style: 1 1/2 Storey
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $2,734
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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