502 WATERLOO Street, Saugeen Shores, ON

$599,000
MLS#:X10846008
4 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 66 x 132 ft lot
  • Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient heating via gas

Endless advantages and opportunities await you with this charming bungalow! Whether you are looking for a home with an auxiliary apartment for extra income or the perfect space for a business, this three-in-one has it all! Located on a large corner lot close to downtown in the wonderful beach community of Port Elgin. The first floor has a wonderful flow as you are welcomed by a cozy living room space leading to open concept dining and kitchen. Finishing off the first floor are two bedrooms and a four piece bath. Continue down a few steps to the bright shared laundry and mudroom creating separation of the spaces. Down the stairs to the lower level, you find a spacious suite with an independent entrance. With lots of living space, recent renovations and two bedrooms and one bathroom, this is an ideal rental or extra living space. This property doesn't end there! The bonus commercial space has its own separate entrance. Currently being utilized as a thriving bakery, the space is welcoming and open with plenty of windows, two piece bath and access to the large backyard. The backyard has been creatively utilized, with a large garden area, side yard, with access for the auxiliary apartment, leading to the front yard. This property is a must see as it is ready to suit many buyers' needs and exceed expectations.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size66 × 132
CountyBruce
Annual Tax$3,700.13
Legal DescriptionS 1/2 LT 29-30 PL 139 TOWN OF SAUGEEN SHORES

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Cooling["None"]

Features

Property Features

Hospital

Community Features

Location

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502 WATERLOO Street, Saugeen Shores, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 502 WATERLOO Street, Saugeen Shores, ON N0H 2C1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$479,200
Monthly Mortgage$2,784
Property Tax (Est.)$308
Utilities & Maint.$350
Total Monthly Cost$3,442

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Saugeen Shores.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Saugeen Shores, Saugeen Shores.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$781,362

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Northport
Public1000 Waterloo Street, Port Elgin, Ontario, N0H 2C2
6.2
St Joseph's
Public584 Stafford Street, Port Elgin, Ontario, N0H 2C1
6.9
Port Elgin-Saugeen Central
Public504 Catherine Street, Port Elgin, Ontario, N0H 2C1
5.5
G C Huston
Public61 Victoria Street North, Southampton, Ontario, N0H 2L0
4.1

Secondary Schools

Saugeen
Public780 Gustavus Street, Port Elgin, Ontario, N0H 2C4
6.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.