517 Wales Drive, Saugeen Shores, ON
Property Highlights
Welcome to this remarkable Backsplit 3 duplex located in the coveted neighborhood of Saugeen Shores. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $734,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 60 x 109 ft lot
- Features a apartment, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Guest Accommodations
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
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!
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Property Summary
This duplex located at 517 Wales Drive, Saugeen Shores is currently for sale and has been available on SousaSells for 3 days. This property is listed at $734,900 with an estimated mortgage of $2,446* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 517 Wales Drive, Saugeen Shores is in the Saugeen Shores neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Saugeen Shores, Saugeen Shores.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Saugeen Shores, Saugeen Shores.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Fenced Yard
- Hospital
- Place Of Worship
- School Bus Route
- School
Interior Features
- Guest Accommodations
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
- Security System
Community Features
None listed
Frequently Asked Questions about 517 Wales Drive, Saugeen Shores, ON
Q.What is the asking price for 517 Wales Drive, Saugeen Shores, ON ?
The current listing price for 517 Wales Drive, Saugeen Shores, ON in Saugeen Shores, Saugeen Shores is $734,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 517 Wales Drive, Saugeen Shores, ON ?
517 Wales Drive, Saugeen Shores, ON is a Duplex (Backsplit 3) featuring a Apartment, Finished with Walk-Out basement.
Q.What key property features does 517 Wales Drive, Saugeen Shores, ON offer?
Key property features include: Beach, Fenced Yard, Hospital, Place Of Worship, School Bus Route, School.
Q.What interior features are included in this home?
Interior highlights include: Guest Accommodations.
Q.What security features are installed at 517 Wales Drive, Saugeen Shores, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector, Security System.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Wall Unit(s).
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Open in Google MapsNeighborhood Safety & Crime Analytics
Saugeen Shores, Saugeen Shores
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 517 Wales Drive, Saugeen Shores, ON N0H 2C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Saugeen Shores, ON
For a property listed at $734,900 in Saugeen Shores, the legal minimum down payment is $48,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,173 for this transaction. As this listing is in Saugeen Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,173.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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