98 days on Market

24 Arthur St, Port Elgin, Ontario N0H 2C5

Townhouse
-
3
~2992.77 sqft
$•••,•••
$1,550,000
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Townhouse
-
3
~2992.77 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$517/sqft

Est. Mortgage$6,657/mo

Tax Amount (2024)$4,566/yr

Days On Market98 days


Description

Stunning Turnkey Short-Term Rental Opportunity – Steps to Lake Huron! Discover a rare gem in a highly sought-after location just a short stroll from the beach, marina, and playground. This 3-unit property offers approximately 3,000 sq. ft. of beautifully renovated living space, making it the perfect investment, multi-generational retreat or live in one unit and rent the others and let someone else pay the mortgage. Features:    •   Main Lodge: 2 bedrooms 1.5 bathrooms, Cozy and inviting with a charming fireplace.    •   Rear Lodge: 2 bedrooms 1 bathroom, Offers a warm ambiance with its own fireplace.    •   Bungalow: 2 bedrooms 1 bathroom, A quaint and private space ideal for guests or additional income. Each unit is fully furnished and equipped, including TVs, furniture, kitchen essentials (pots, pans, cutlery, plates, saucers), and more – making it completely turnkey for short-term rentals or immediate use. Income Potential: Generate approximately $120,000/year in rental income or live in one unit while renting the others. Location Highlights:    •   Walking distance to Lake Huron’s sandy beaches and scenic trails.    •   Across the street from a playground, perfect for families.    •   Surrounded by nature’s beauty with plenty of outdoor activities nearby. Whether you’re looking to grow your investment portfolio or own a property that offers endless versatility, this is a must-see!


Property Details

StyleResidential Income
View-
Age of property1960
SqFt~2992.77 SqFt
Lot Size10,873 SqFt(135.75 x 80.1)
Parking Spaces4
MLS ®Number40684011
Community NameSaugeen Shores
Data SourceITSO
Listing byRE/MAX TWIN CITY REALTY INC., BROKERAGE

Features

Heating: Fireplace(s), Forced Air, Natural Gas
Cooling: Central Air

Features

Lot size: 10,873 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jan 29, 2025
ListedActive
$1,550,000
98 days on market
history photo preview50
Listing by itso®
Property listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE, Brokerage
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Market Data - Saugeen Shores

Geo Zone Map ThumbnailSaugeen Shores

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

100 days

2023

196 days

2022

24 days

New Listings

Past 30 days

2 listings

Compared to

2024

9 listings

2023

4 listings

2022

6 listings

Units sold

Past 30 days

0 unit

Compared to

2024

3 units

2023

2 units

2022

4 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$685,000

2023

$641,250

2022

$1,200,128


Population and Demographics

Overview

Total population 15778
Average household income $156,249

Age (%)

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

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%

Schools and amenities

Estimated Budget