• Mobile: 416-786-7848
  • Office: (416) 494-7653
  • Fax: 1 866 229 3159

$650,000
Available - For Sale
Listing ID: X12838564
557 Catherine Street , Saugeen Shores, N0H 2C0, Bruce


Opportunities like this are becoming increasingly rare in Port Elgin. Welcome to 557 Catherine Street, a versatile and fully updated investment property offering two separate residential dwellings on one lot, creating immediate income potential and long-term flexibility in one of Saugeen Shores' most desirable communities. The main home has been extensively renovated from the studs out, blending classic character with modern updates designed for low-maintenance ownership. Featuring four bedrooms and two full bathrooms, the bright and functional layout appeals to families, professionals, or tenants seeking comfortable year-round living. Updated flooring, kitchen finishes, and mechanical improvements provide peace of mind for investors looking for a turn-key opportunity. Adding exceptional value is the fully self-contained four-season accessory residential unit, a detached cottage-style dwelling complete with two bedrooms, one bathroom, and an updated kitchen. Ideal for long-term tenants, multi-generational living, or short-term rental opportunities (subject to municipal regulations), this secondary unit significantly enhances the property's income-generating potential. Situated on a generous corner lot within walking distance to local schools, downtown Port Elgin amenities, restaurants, and shopping, the location offers strong appeal for both owners and renters alike. Lake Huron's renowned beaches and sunsets are just a short bike ride away, further supporting long-term rental demand and lifestyle value. Whether you are expanding your investment portfolio, seeking a mortgage-helper property, or looking for flexible multi-family living, 557 Catherine Street delivers rare dual-income potential in a prime in-town location.
Price $650,000
Taxes: $2985.00
Occupancy: Tenant
Address: 557 Catherine Street , Saugeen Shores, N0H 2C0, Bruce
Directions/Cross Streets: Catherine/Goderich St
Rooms: 12
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Partially Fi
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 3 Main
Washroom Type 3 3 Main
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Second
Washroom Type 7 3 Main
Washroom Type 8 3 Main
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 4 Second
Washroom Type 12 3 Main
Washroom Type 13 3 Main
Washroom Type 14 0
Washroom Type 15 0
Total Area: 0.00
Property Type: Detached
Style: 1 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 3
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Other
Approximatly Square Footage: 1100-1500
Property Features: Beach, Golf
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Four Seasons Realty Limited
Personal Picture
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
 
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At a Glance:
Type: Freehold - Detached
Area: Bruce
Municipality: Saugeen Shores
Neighbourhood: Saugeen Shores
Style: 1 1/2 Storey
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $2,985
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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