650 Highland Street
Saugeen Shores, Ontario N0H 2C0
$1,599,000
3 Bedroom3 Bathroom1,100 - 1,500 ft2
FireplaceCentral Air ConditioningForced Air
Welcome to 650 Highland Street known as "The Maples", a rare investment opportunity in one of Port Elgin's most sought-after locations. Just 2 blocks from the sandy beaches and breathtaking sunsets of Lake Huron, this exceptional corner property offers the perfect combination of lifestyle, comfort, and income potential. The property features a 3 bedroom owner-occupied residence along with eight(seven-2 bedroom - 1- 3 bedroom) fully furnished and updated and winterized, income-generating cottages, making it an ideal opportunity for investors, entrepreneurs, or those seeking a unique live-and-work lifestyle. Three cottages(E-F-C)(is equipped with energy-efficient ductless mini-split heating and air conditioning units. The other five cottage have portable AC units.Cottages and home have had numerous upgrades, providing modern comfort and peace of mind. The home provides welcoming living spaces that are perfect for both everyday living and hosting guests. The eight cottages have been well maintained and are fully equipped for seasonal or year-round rentals, allowing for multiple income streams. Situated on a generously sized lot with excellent visibility and ample parking, the property is ideally positioned to attract vacationers, seasonal visitors, and long-term guests alike. Located within walking distance of Port Elgin's waterfront, trails, restaurants, shops, and local attractions, this property offers guests and owners the best of Ontario's west coast lifestyle. Whether you're looking to expand your investment portfolio, operate a successful hospitality business, or enjoy lakeside living while generating rental income, this property presents an outstanding opportunity. (id:36109)
Property Details
MLS® Number
X13766190
Property Type
Single Family
Community Name
Saugeen Shores
Amenities Near By
Beach, Golf Nearby, Hospital, Marina
Features
Flat Site
Parking Space Total
4
Structure
Deck
Building
Bathroom Total
3
Bedrooms Above Ground
3
Bedrooms Total
3
Age
51 To 99 Years
Amenities
Fireplace(s)
Appliances
Water Heater, Water Meter, Dishwasher, Dryer, Furniture, Microwave, Stove, Washer, Window Coverings, Refrigerator