$699,900
Saugeen Shores
4833 Bruce 3 Road, Saugeen Shores, Ontario, N0H2C6
This 4-bedroom, 3-bathroom home in Saugeen Shores is for sale offering roughly 1,300 sq ft of space. Listed at $699,900, it is attractively priced about 9% below the $769,900 median asking price in Saugeen Shores. It has been on the market 0 days, fresher than the Saugeen Shores average of 171 days.
Set on just under an acre in Burgoyne, this versatile Bruce County property combines country living, rental income and an established cabinet-making workshop. Enjoy a peaceful country setting within easy reach of Bruce Power, Port Elgin, Saugeen Shores and Lake Huron's beaches.The home features multiple living areas with seller-reported gross rental income of $3,950 per month. Current rents are $2,000 per month for the two-bedroom basement accommodation, $1,200 per month for the upstairs front accommodation and $750 per month for the downstairs room with a living area and washroom. The layout offers flexibility for extended family or guests, while proximity to Bruce Power and other local employers adds appeal for tenants looking to live close to work. Tenants are happy to stay, or property can be vacant at closing.A standout feature is the dedicated workshop, which has served as the base for a cabinetry and residential improvement business. With room for woodworking, tools and equipment, it offers an opportunity to work close to home or pursue your own projects. The business and workshop contents, including tools and equipment, are available by separate negotiation.Outside, a bunkie and grounds previously hosted the seasonal Time at the Shores Hip- camp experience, with seller-reported revenue of $4,000-$5,000 per season. Enjoy nearby beaches and outdoor recreation, with local shops and services within easy reach.Whether you're looking for a charming country home with room to spread out, a workshop steps from your door, or a property with multiple income-generating accommodations, this Burgoyne property offers the space and flexibility to make it your own. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 171 days across the listings currently for sale in this city
This 4-bed single family in Saugeen Shores has been listed for 0 days, which is 171 days fresher than the city average of 171. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,900, about 8.1× the local median household income of $86,000.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0H)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.