558 Green Street, Saugeen Shores
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! (id:1945)
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Property details for 558 Green Street, Saugeen Shores
- Type
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Lot Size
- 132 x 132 FT
- Stories
- 1.5
- Basement
- Unfinished, N/A
- Parking
- Attached Garage, No Garage
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas
- Cooling
- Window air conditioner
- Exterior
- Brick, Vinyl siding
- Annual Taxes
- $3,660 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 558 Green Street
Active Listings
3
Min Price
$829,000
Max Price
$1,150,000
Avg Price
$992,967
Days on Market
100
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Saugeen Shores, Ontario
Population
937
Median Age
48
Median Income
$30,784
Dwelling Value
$275,839
Housing Tenure
Owners 52%
Renters 49%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1,733.9/km²
Avg Shelter Cost: $1,049/mo
Owners with Mortgage: 52.4%
Owners Spending 30%+: 16.7%
Tenants Spending 30%+: 55%
English only: 90.4%
English and French: 9.6%
Median Household Income: $59,264
Median Employment Income: $25,408
Price History
Listed
October 15, 2026
by RE/MAX Land Exchange Ltd.
Current Price
$1,150,000
Type
Other
For Sale