557 Catherine St

For Sale 161 Days
$699,000 $24K
$675,000
4 beds
2 baths

557 Catherine St

For Sale 161 Days
$699,000 $24K
$675,000
4 beds
2 baths

Highlights

Key insights

Description

NOT ONE, BUT TWO DWELLINGS!!!! 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). 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 and Saugeen Central schools, this prime location appeals to families and tenants alike and there is a daycare, right across 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. Due to tenants and privacy, we are using photos from just after the reonvations, and could not do our normal video walk-through. (id:63267)

JASON STEELE of RE/MAX Four Seasons Realty Limited,
#X12144483
updated 6 days ago.
Houseful checked MLS® for data 6 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    4
Interior
  • # full baths
    2
  • # total bathrooms
    2.0
  • # of above grade bedrooms
    4
Location
  • Subdivision
    Saugeen shores
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12144483
  • Property sub type
    Single family residence
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28303851/557-catherine-street-saugeen-shores-saugeen-shores
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,800

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25 Years fixed, 20% down payment, % interest
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