199 days on Market

557 Catherine St, Saugeen Shores, Ontario N0H 2C1

Detached
4
2
~1100-1500 sqft
$•••,•••
$650,000
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Detached
4
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market199 days

Estimated valueNot available

Price/Sqft$512/sqft

Monthly cost

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Description

New Price, New Updates! Two homes! Live In One, Rent Out The Other! Sounds like a win-win! Renovated Investment Opportunity 557 Catherine Street, Port Elgin. Investment potential at this exceptional property featuring a renovated main home, and a 4 season cottage dwelling that was moved to this property and placed on its foundation with permitting in place; in the heart of Port Elgin. The main home has been transformed from the studs out, with a thoughtful design throughout. With 4 (2+2) bedrooms and 2 bathrooms, this home has a sleek kitchen with great appliances, and a bright and airy living space perfect for families or professionals. Almost all details have been updated including flooring ensuring a low-maintenance investment for years to come. Adding to the property's income potential is the secondary dwelling a 2-bedroom, 1-bath Accessory Residential Unit (ARU). Kitchen was just updated with new cupboards and more. Ideal for tenants, or short-term rentals, this well-appointed unit is a stand alone 4 season cottage. Situated within walking distance to St. Josephs Elementary and Saugeen Central schools, this prime location appeals to families and tenants alike as there is access to many opportunities just down the street for those working families. Enjoy a leisurely stroll to downtown Port Elgin for local shops, dining, and amenities, or take a quick bike ride to the stunning shores of Lake Huron to catch one of the areas iconic sunsets. Whether you're looking to generate rental income or secure a multi-family investment, 557 Catherine Street delivers unmatched value with two updated rental units in a sought-after location. Don't miss this opportunity, call today to arrange a viewing and explore the potential of this versatile Port Elgin property. Listing photos are not current - taken immediately following the renovations. Be sure to check out the video walkthrough and updated photos.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size8,712 SqFt(132 x 66)
Parking Spaces4
MLS ®NumberX12144483
Community NameSaugeen Shores
Data SourceTRREB
Listing byRE/MAX Four Seasons Realty Limited

Features

Heating: Forced Air
Basement: Part Bsmt

Features

Lot size: 8,712 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 13, 2025
ListedActive
$650,000
199 days on market
history photo preview27
Listing by trreb®
Property listed by RE/MAX Four Seasons Realty Limited, Brokerage
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Market Data - Saugeen Shores

Geo Zone Map ThumbnailSaugeen Shores

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2024

51 days

2023

44 days

2022

39 days

New Listings

Past 30 days

38 listings

Compared to

2024

57 listings

2023

35 listings

2022

41 listings

Units sold

Past 30 days

17 units

Compared to

2024

39 units

2023

11 units

2022

17 units

Median Sold Price

Past 30 days

$765,000

Compared to

2024

$820,000

2023

$710,000

2022

$900,000


Population and Demographics

Overview

Total population 15778
Average household income $156,249

Age (%)

0 to 19
20%
20 to 34
16%
35 to 49
17%
50 to 64
21%
65 and plus
26%

Household composition (%)

Single family
67%
Single person
30%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
92%
Others
5%
French
2%

House tenancy (%)

Owners
80%
Renters
20%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget