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Est. payment | -/mo

3 Beds

2 Baths

Save

Est. payment | -/mo

Save

3 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Saugeen Shores

MLS Listing ID X13716408

Style Backsplit 3

Bedrooms 3

Annual Tax Amount $3,417

Tax Year 2025

Property Sub-Type Duplex

Property Description

WOWWWWW! 3-UNIT POTENTIAL WITH TOWN APPROVAL! 517 Wales Drive is a rare multifamily/investment opportunity featuring 2 fully self-contained units PLUS an Additional Residential Unit (ARU) approved by the Town of Saugeen Shores! Unlock the potential for a third income-producing unit without changing your current living situation.The upper unit offers 3 bedrooms, a full bathroom and laundry, while the lower unit features 2 bedrooms, a full bathroom and separate laundry. Live in one, rent the other, rent both, or take advantage of the approved third-unit opportunity for even more income potential.Fully renovated in 2025, the property offers modern finishes, brand-new appliances, 2 gas fireplaces capable of heating the entire home, newer windows and a roof replaced around 2018.Income potential is proven, having successfully operated as an Airbnb in 2022 and 2023, with summer income historically enough to cover the mortgage for the year.Outside features include parking for up to 5 vehicles, a huge fenced backyard and new storage shed. Walk to the beach via scenic trails and enjoy being minutes from downtown and the shoreline. 2 UNITS TODAY. 3RD UNIT APPROVED. MORE INCOME POTENTIAL. NO NEED TO CHANGE YOUR EXISTING LIVING ARRANGEMENT to ACCOMMODATE THE ADDED INCOME IN THE ADDITIONAL GARDEN SUITE APPROVAL! WOWWWWW!

Location

Province ON

County Bruce

Area Bruce

Rooms

Family Room Yes

Basement Apartment, Finished with Walk-Out

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Guest Accommodations

Cooling Wall Unit(s)

Fireplaces Number 2

Fireplaces Type Family Room, Living Room, Natural Gas

Inclusions 2x Stoves, 2x Refrigerators, 2x dishwashers, all furniture can be negotiated.

Exterior

Exterior Feature Controlled Entry, Year Round Living, Privacy, Recreational Area, Built-In-BBQ

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 109.0

Total Parking Spaces 5

Building

Building Age 31-50

Foundation Poured Concrete

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector,Security System

ParcelsYN Yes

Listed by Wilfred McIntee & Co Limited

Schools and Properties Nearby

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+1(647) 493-3579

info@tonyledi.com

CAN

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517 Wales DR Saugeen Shores, ON N0H 2C1