558 Green Street, Saugeen Shores, ON N0H 2C1
Saugeen Shores · Near Waterloo St and Green St · View map
About this home
Discover a rare opportunity to own a versatile income-producing property in a highly desirable central location in Port Elgin. Situated on a generous double lot measuring 132 ft x 132 ft, this unique property features a charming yellow brick duplex with a 2-bedroom upper unit and a one-bedroom main-level unit, plus two additional one-bedroom winterized cabins. Ample parking for all units. Offered turnkey with established rental income. Ideally located within walking distance to the main beach and just one street back from the main strip, this property offers convenient access to local restaurants, pubs, shopping, and other amenities. The prominent corner lot and substantial land size add to its appeal, presenting an exciting opportunity for investors looking to maximize rental income while exploring future redevelopment possibilities. With its combination of existing cash flow, desirable location, and generous lot size, this property offers excellent potential for a variety of investment strategies. Explore the possibilities for multi-unit residential development and townhouses, and relocate the cottages to another site, as they are suitable for additional rental units. There is the potential of up to 24 units, subject to municipal zoning, applicable regulations, and approvals. Whether you're looking to expand your rental portfolio, invest in a sought-after beachside community, or secure a property with long-term development potential, this is an opportunity you won't want to miss!
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 12
- Basement
- Unfinished
- Lot size
- 132 x 132 ft
- Faces
- South
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Vinyl Siding
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Air conditioning
- Window Unit(s)
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 8
- Total parking
- 9
Taxes & other
- Property taxes
- $3,660/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- early if assuming tenants
- Cross street
- Waterloo St and Green St
- Neighbourhood
- Saugeen Shores
More
- Price per sq ft
- ~$885 (at 1,300 sq ft)
- Listed
- Oct 15, 2026 · today
- MLS® number
- X14082762
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The home and its surroundings
- Guest Accommodations
- In-Law Suite
- Water Heater
- Beach
- Hospital
- Marina
- Rec./Commun.Centre
- School
- Library
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
558 Green Street, Saugeen Shores, ON N0H 2C1
Saugeen Shores · Near Waterloo St and Green St
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Listing history for 558 Green Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 558 Green Street
Answers come straight from this home’s MLS® listing.
How much is 558 Green Street listed for, and what would it cost each month?
558 Green Street is listed for $1,150,000. With 20% down ($230,000), the mortgage payment would be roughly $4,639 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,944 a month, all in. That figure is an illustration, not a quote.
Is 558 Green Street freehold or a condo, and is there a monthly fee?
558 Green Street is a 1 1/2 storey in Saugeen Shores. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 558 Green Street have?
558 Green Street has 4 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms.
Does 558 Green Street have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 8 spaces. In total the listing counts 9 parking spaces.
Does 558 Green Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 558 Green Street?
558 Green Street is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 558 Green Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 132 x 132 ft.
How is 558 Green Street heated and cooled?
Heating is baseboard (electric). Cooling is window unit(s).
What are the property taxes for 558 Green Street?
Property taxes are $3,660 a year (2026), or about $305 a month.
Where is 558 Green Street?
558 Green Street is in Saugeen Shores. The nearest main intersection is Waterloo St and Green St. The postal code is N0H 2C1.
How long has 558 Green Street been on the market?
558 Green Street was listed on October 15, 2026. It came on the market today. It is an active listing (MLS® X14082762). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 558 Green Street asking?
Similar bungalow-style homes for sale nearby right now include 53 Concession 4 Road at $1,000,000 (4 bed), 285 Huron Street S at $1,098,000 (3+2 bed) and 332 MILL Street at $999,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 558 Green Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 558 Green Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Saugeen Shores, picked by style, size and price.
1 1/2 storey$1,000,00053 Concession 4 Road, Saugeen Shores4 bed · 1 bath · Saugeen ShoresCourtesy of: RE/MAX Land Exchange Ltd.View home →
1 1/2 storey$1,098,000285 Huron Street S, Saugeen Shores3+2 bed · 3 bath · Saugeen ShoresCourtesy of: Royal LePage D C Johnston RealtyView home →
1 1/2 storey$999,900332 MILL Street, Saugeen Shores3 bed · 5 bath · Saugeen ShoresCourtesy of: RE/MAX Land Exchange Ltd.View home →Courtesy of: RE/MAX Land Exchange Ltd.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.