$640,000
Est. payment $2,834/moCalculate yours
614 River Street, Saugeen Shores, ON N0H 2C4
Saugeen Shores, Saugeen Shores, ON N0H 2C4
- 3 + 2 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of RE/MAX Land Exchange Ltd. MLS® X14081832
About this home
Investment opportunity in the heart of Port Elgin! Situated in a prime location at a prominent corner along Port Elgin’s main commercial corridor, this brick bungalow offers an excellent opportunity for investors, developers, or those looking for a versatile income property. Currently configured as a duplex with private entrances and ample parking. The home features a spacious three-bedroom main level unit with a kitchen, combined living and dining area, four-piece bathroom, and shared laundry room. The lower level offers a two-bedroom unit complete with its own kitchen, bathroom, and shared laundry room. The property also features a concrete driveway with ample parking, a covered front porch, and a rear patio. The generous-sized lot backs onto a town lane, convenient for accessing the backyard. Adding to its appeal, the neighbouring property MLS#X14081552 is also being offered for sale, presenting an opportunity to acquire two adjoining properties in a highly visible, central location. With commercial zoning identified for the properties, the combined parcels may offer possibilities for future residential intensification, multi-unit development, or commercial uses, subject to municipal zoning requirements and approvals. Whether you’re looking to expand your investment portfolio, explore redevelopment opportunities, or secure property in a desirable central location, this is an opportunity worth considering.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 66 x 132 Feet
- Parking
- None garage · 6 total
- Zoning
- CC
Financial
- Property Taxes
- $3,599 (2026)
Location
- Neighbourhood
- Saugeen Shores
- Cross Street
- Goderich Street and River Street
- Direction Faces
- South
Listing
- MLS® Number
- X14081832
- Days on Market
- 3
- Listed On
- 2026-10-15
- Possession
- flexible if tenants are staying
- Listed By
- RE/MAX Land Exchange Ltd.
Features
Interior
- Accessory Apartment
- Water Heater Owned
Property
- Beach
- Hospital
- Rec./Commun.Centre
- School
- Arts Centre
- Library
Pool
- None
- Included
- On the lower level- washer, dryer, fridge, stove. On the main level-fridge, stove, dishwasher. All furniture.
- Excluded
- tenants belongings
Mortgage calculator
Estimated mortgage payment
$2,834 per month
- Principal and interest
- $2,834
- Property tax
- $300
- Condo fees
- $0
- Estimated monthly cost
- $3,134
Your mortgage
- Mortgage amount
- $512,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $338,134
Cash to close
- Down payment
- $128,000
- Land transfer tax
- $9,275
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $137,275
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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