Salehian.com 647-325-5000

558 Green Street

Saugeen Shores, Saugeen Shores, N0H 2C1

$1,150,000

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  • 4+1 bedrooms
  • 4 bathrooms
  • 9 parking
  • 1100-1500 sq ft

Listed 5 days ago · MLS® X14082762

About this home

Discover a rare opportunity to own a versatile income-producing property in a highly desirable central location in Port Elgin. Situated on a generous double lot measuring 132 ft x 132 ft, this unique property features a charming yellow brick duplex with a 2-bedroom upper unit and a one-bedroom main-level unit, plus two additional one-bedroom winterized cabins. Ample parking for all units. Offered turnkey with established rental income. Ideally located within walking distance to the main beach and just one street back from the main strip, this property offers convenient access to local restaurants, pubs, shopping, and other amenities. The prominent corner lot and substantial land size add to its appeal, presenting an exciting opportunity for investors looking to maximize rental income while exploring future redevelopment possibilities. With its combination of existing cash flow, desirable location, and generous lot size, this property offers excellent potential for a variety of investment strategies. Explore the possibilities for multi-unit residential development and townhouses, and relocate the cottages to another site, as they are suitable for additional rental units. There is the potential of up to 24 units, subject to municipal zoning, applicable regulations, and approvals. Whether you're looking to expand your rental portfolio, invest in a sought-after beachside community, or secure a property with long-term development potential, this is an opportunity you won't want to miss!

Details

Type
Other
Style
1 1/2 Storey
Age
100+ years
Size
1100-1500 sq ft
Lot
132 × 132 ft
Basement
Unfinished
Garage
Attached
Kitchens
4
Property tax
$3,660 (2026)
Neighbourhood
Saugeen Shores
Municipality
Saugeen Shores

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
1 × 4-piece (upper), 1 × 4-piece (main), 1 × 4-piece (main), 1 × 4-piece (main)
Kitchens
4 (1 below ground)
Rooms
12 above ground
Family room or den
No
Features
Guest Accommodations, In-Law Suite, Water Heater

Heating, cooling and services

Heating
Baseboard, Electric
Air conditioning
Window Unit(s)
Water and sewer
Sewer

Building and exterior

Style
1 1/2 Storey
Exterior
Brick, Vinyl Siding
Roof
Asphalt Shingle
Age
100+
Faces
South
Outdoor
Year Round Living

Parking

Garage spaces
1
Total parking
9

Lot

Size
132 × 132 ft (square)

More

Possession
early if assuming tenants
Nearby
Beach, Hospital, Marina, Rec./Commun.Centre, School, Library
Cross street
Waterloo St and Green St

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 12 cafés and restaurants, 8 parks, 2 pharmacies. Nearest park: Police Parkette (300 m).

Schools nearby

Elementary

  • St Joseph's School Catholic
    EQAO: Gr 6 reading 86%, math 32%    3 min walk
  • Port Elgin-Saugeen Central School
    EQAO: Gr 6 reading 74%, math 44%    7 min walk
  • Northport Elementary School
    EQAO: Gr 6 reading 79%, math 39%    17 min walk

Secondary

  • Saugeen District Senior School12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N0H

Owners / renters
86% / 14%
Median household income
$86,000
Average age
48
Children under 15
14%
Homes
86% detached, 0% high-rise
Commute by transit
0%
Population
53,674

Languages spoken most at home besides English: German 0.4%, Pennsylvania German 0.3%, Urdu 0.2%, Gujarati 0.2%.

Safety

Crime Severity Index for Saugeen Shores police: 46 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX Land Exchange Ltd..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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