|
MLS®: X12392311 |
Status: For sale
|
|
Location:
|
517 WALES DRIVE, Saugeen Shores Ontario, N0H2C1
|
|
|
|
Description: |
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:2471) |
|
|
Property: |
| Type: Multi-family |
| Lot Dimensions: 60 x 109 FT | Acreage: 60 x 109 FT |
| Sewer: Sanitary sewer | Water: Municipal water |
| Structures: Shed |
| Parking Type: No Garage |
|
Structure: |
| Style: Duplex | Square Footage: 700 - 1100 sqft |
| Bedrooms: 3+2 | Bathrooms: 2 |
| Heating: Heat Pump |
| Heating Type: Electric |
| Cooling Type: Wall unit |
| Exterior: Brick, Aluminum siding |
|
Foundation Type: Poured Concrete |
| Fireplace: Yes |
|
Features:
 | Open space |
| Level |
| Guest Suite |
| School Bus |
| | | |
|
|
|
|
Royal LePage - Lakes of Haliburton, Brokerage
|
|
Listing Office: Wilfred McIntee & Co Limited MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
|
The above information is believed to be accurate but is not warranted.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademark DDF® is also owned by CREA and identifies CREA's Data Distribution Facility (DDF®). The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
**Broker *Sales Representative
|
|
