517 Wales Drive,Saugeen Shores, ON N0H 2C1
Saugeen Shores, ON N0H 2C1
Description
WOWWWWW! 3-UNIT POTENTIAL WITH TOWN APPROVAL! 517 Wales Drive is a rare multifamily/investment opportunity featuring 2 fully self-contained units PLUS an Additional Residential Unit (ARU) approved by the Town of Saugeen Shores! Unlock the potential for a third income-producing unit without changing your current living situation.The upper unit offers 3 bedrooms, a full bathroom and laundry, while the lower unit features 2 bedrooms, a full bathroom and separate laundry. Live in one, rent the other, rent both, or take advantage of the approved third-unit opportunity for even more income potential.Fully renovated in 2025, the property offers modern finishes, brand-new appliances, 2 gas fireplaces capable of heating the entire home, newer windows and a roof replaced around 2018.Income potential is proven, having successfully operated as an Airbnb in 2022 and 2023, with summer income historically enough to cover the mortgage for the year.Outside features include parking for up to 5 vehicles, a huge fenced backyard and new storage shed. Walk to the beach via scenic trails and enjoy being minutes from downtown and the shoreline. 2 UNITS TODAY. 3RD UNIT APPROVED. MORE INCOME POTENTIAL. NO NEED TO CHANGE YOUR EXISTING LIVING ARRANGEMENT to ACCOMMODATE THE ADDED INCOME IN THE ADDITIONAL GARDEN SUITE APPROVAL! WOWWWWW!
Details
| MLS # | X13716408 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 30 |
| Listing Provided By | Wilfred McIntee & Co Limited | X13716408 565805 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.15 |
Interior
| Interior Features | Guest Accommodations |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Electric |
| Fireplace Features | Family Room, Living Room, Natural Gas |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Controlled Entry, Year Round Living, Privacy, Recreational Area, Built-In-BBQ |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Poured Concrete |
| Topography | Level, Open Space |
| Construction Materials | Brick, Aluminum Siding |
| Security Features | Carbon Monoxide Detectors, Smoke Detector, Security System |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Double |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3417 |
|---|---|
| Tax Legal Description | PCL 48-1 SEC M13; LT 48 PL M13; |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Bruce |
| City | Saugeen Shores |
| Postal Code | N0H 2C1 |
| Area | Saugeen Shores |
| Listing VS Median (in N0H 2C1) | |
Price: $734,900 low | high Med: $1,799,999 On site: 30 low | high Med: 112 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Bruce |
| City | Saugeen Shores |
| Postal Code | N0H 2C1 |
| Area | Saugeen Shores |
| Listing VS Median (in N0H 2C1) | |
Price: $734,900 low | high Med: $1,799,999 On site: 30 low | high Med: 112 | |
