$ 1,150,000

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
558 Green Street

Contact Agent Get in touch about 558 Green Street, Saugeen Shores

DANIELLE MARIE SPRY
DANIELLE MARIE SPRY
RE/MAX Land Exchange Ltd.

Similar Other Listings near 558 Green Street, Saugeen Shores, ON N0H2C1

Comparison of 558 Green Street, Saugeen Shores, ON with Nearby Other Listings