517 WALES DRIVE, Saugeen Shores, Ontario, N0H 2C1

MLS® # X12392311

Investment For Sale In Saugeen Shores, Ontario

$765,000

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517 Wales Drive, Saugeen Shores, ON - Outdoor

517 Wales Drive, Saugeen Shores, ON - Outdoor With View

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Other Room

517 Wales Drive, Saugeen Shores, ON - Indoor With Fireplace

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Living Room With Fireplace

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Kitchen With Double Sink

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Kitchen

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Dining Room

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Laundry Room

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Bedroom

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Bathroom

517 Wales Drive, Saugeen Shores, ON - Indoor

517 Wales Drive, Saugeen Shores, ON - Indoor Photo Showing Basement

517 Wales Drive, Saugeen Shores, ON - Outdoor With Exterior

517 Wales Drive, Saugeen Shores, ON - With View

517 Wales Drive, Saugeen Shores, ON - Outdoor With Body Of Water With View

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517 WALES DRIVE, Saugeen Shores, Ontario, N0H 2C1

$765,000

Property Information:

517 Wales Drive is the perfect 3+2 bedroom multifamily or investment home. Showcasing this rare opportunity, this fully renovated property offers two completely self-contained living spaces, each with its own laundry, providing the ideal setup for income potential or multigenerational living. An Additional Residential Unit (ARU) application was submitted and approved by the Town of Saugeen Shores, giving buyers peace of mind and flexibility for future use. Live in the spacious upper level while renting out the lower suite to offset your mortgage or rent both and benefit from positive cash flow at the asking price. The upper level features three bedrooms and a full washroom, while the lower level includes two bedrooms and a full washroom, making the layout perfect for guests, tenants, or extended family. A 2025 renovation brought modern finishes, brand-new appliances, and upgraded systems, including four new heat pumps three in the lower unit and one in the upper plus two gas fireplaces capable of heating the entire home. With newer windows, a roof replaced around 2018, and everything move-in ready, this home is solid, stylish, and ready to perform.This property has also proven itself as a strong income earner, having successfully operated as an Airbnb for the 2022 and 2023 years. The rental potential is outstanding, with summer income alone enough to cover the mortgage for the entire year, while long-term rentals provide stable returns. Outside, you will find parking for up to five vehicles, a huge fenced backyard perfect for families and pets, and a brand-new storage shed for added convenience. Located in a quiet, family-friendly neighbourhood, you are just a short walk through scenic trails to the beach and only minutes to downtown and the shoreline. With five bedrooms, two washrooms, and ARU approval already in place, 517 Wales Drive is a rare chance to secure both a home and an investment live in one, lease the other, and let this opportunity work for you. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Air Conditioning: Yes
Amenities:
Basement Development: Finished
Basement Type: N/A, N/A
Construction Style - Split Level: Backsplit
Exterior Finish: Brick, Aluminum siding
Fire Protection: Controlled entry, Smoke Detectors, Security system
Fireplace: Yes
Floor Space: 700 - 1100 sqft
Foundation Type: Poured Concrete
Heating Type: Heat Pump, Not known
Heating Fuel: Electric, Natural gas
Cooling Type: Wall unit
Appliances: Barbeque, Dishwasher, Stove, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 3+2
Bathrooms: 2
Amenities Nearby: Hospital, Schools
Community Features: School Bus
Features: Open space, Level, Guest Suite
Fence Type: Fenced yard
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 109.0 Feet
Lot Frontage: 60.0 Feet
Lot Size: 60 x 109 FT
Structure Type: Shed
Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 5

Courtesy of: Wilfred McIntee & Co Limited

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 517 WALES DRIVE, Saugeen Shores, Ontario, N0H 2C1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

43/100

Moderate

ClimateCheck®

Current data

This property, 517 WALES DRIVE , experiences 7 hot days per year at around 29.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 32.9 degrees Celsius.

Projected Avg. Temperature

Past

29.5℃

2050

32.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

70/100

Moderate-High

ClimateCheck®

Current data

This property, 517 WALES DRIVE , experiences 12 significant 2-day storms per year, with about 322.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 412.8mm of precipitation per year.

Precipitation Per Storm

Past

322.5mm

2050

412.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 517 WALES DRIVE, Saugeen Shores, Ontario, N0H 2C1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$141,301.08

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.53 %

High school certificate or equivalent

26.07 %

Apprenticeship trade certificate/diploma

7.23 %

College/non-university certificate

29.05 %

University certificate (below bachelor)

2.13 %

University Degree

23.99 %

Commuter

Travel To Work

By Car

82.51 %

By Public Transit

0.0 %

By Walking

11.07 %

By Bicycle

0.88 %

By Other Methods

5.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.94 %

Houses

90.06 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 517 WALES DRIVE, Saugeen Shores, Ontario, N0H 2C1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 517 WALES DRIVE, Saugeen Shores, Ontario, N0H 2C1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

517 WALES DRIVE, Saugeen Shores, Ontario, N0H 2C1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing