A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 517 Wales Dr, Saugeen Shores Ontario N0H 2C1
Re-listed 12 days ago

517 Wales Dr, Saugeen Shores, Ontario N0H 2C1

Townhouse
3 + 2
2
~700-1100 sqft
$•••,•••
$734,900
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Townhouse
3 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market12 days

Total days on market
364 days

Estimated valueNot available

Price/Sqft$859/sqft

Monthly cost

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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!


Property Details

StyleBacksplit 3
View-
Age of property31-50
SqFt~700-1100 SqFt
Lot Size6,540 SqFt(109 x 60)
Parking Spaces5
MLS ®NumberX13716408
Community NameSaugeen Shores
Data SourceTRREB
Listing byWilfred McIntee & Co Limited

Features

Heating: Heat Pump
Cooling: Wall Unit
Fireplace
Basement: Apartment, Fin W/O

Features

Lot size: 6,540 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by Wilfred McIntee & Co Limited, 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

2025

0 day

2024

159 days

2023

120 days

New Listings

Past 30 days

3 listings

Compared to

2025

0 listing

2024

6 listings

2023

2 listings

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

3 units

2023

4 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$803,500

2023

$570,000


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