517 Wales Drive, Saugeen Shores, ON

Saugeen Shores, Saugeen Shores Hood
Ridge Street
3+2 Br | 2 Bath | 700-1100 Sqft
$765,000 For Sale

Property Overview

  • Duplex — Backsplit 3
  • SqFt: | 700-1100 Sqft
  • Lot Size: 60.00 x 109.00 Feet
  • Age: 31-50 Years
  • Basement: Apartment, Finished with Walk-Out
  • Exterior: Brick, Aluminum Siding
  • Taxes: 3,417 / 2024
  • Zoning: n/a
  • MLS #: X12392311
  • Sewer: Sewer
  • Heat Source: Gas , Heat Pump

Property 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.

2x Stoves, 2x Refrigerators, 2x dishwashers, all furniture can be negotiated.

Property Details

  • For: For Sale
  • Type: Duplex
  • Style: Backsplit 3
  • Lot: 60.00 x 109.00 Feet
  • Region: Bruce
  • Hood: Saugeen Shores
  • Zoning: n/a
  • Lot Irreg: Fronting on: South
  • Fronting On: South

Building Details

  • Age: 31-50 Years
  • Exterior: Brick, Aluminum Siding
  • Heat: Gas , Heat Pump
  • A/C: Wall Unit(s)
  • Interior Features: Guest Accommodations
  • Pool: None
  • Sewer: Sewer
  • Garage: None
  • Total Parking: 5.00
  • Driveway: Private Double

Property Interior

  • Sqft: 700-1100 Sqft
  • Bed: 3 +2
  • Bath: 2
  • Kitchen: 1 +1
  • Family Room: No
  • Basement: Apartment, Finished with Walk-Out
Property Listed by: Wilfred McIntee & Co Limited
Virtual Tour: n/a

Home Valuation Estimate

What is 517 Wales Drive, Saugeen Shores, ON worth in today’s Saugeen Shores, Saugeen Shores market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 3-bedroom Duplex with 700-1100 sq. ft. in Saugeen Shores, Saugeen Shores. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

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Location

  • Address: 517 Wales Drive
  • Neighborhood: Saugeen Shores
  • Zip/Postal Code: N0H 2C1
  • Nearby Amenities: Beach, Fenced Yard, Hospital, Place Of Worship, School Bus Route, School
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About 517 Wales Drive, Saugeen Shores, ON N0H 2C1, Saugeen Shores

Located at 517 Wales Drive, Saugeen Shores, ON in Saugeen Shores (Saugeen Shores neighbourhood), near Ridge Street. This freehold home offers Duplex, ["Backsplit 3"], 3 bedrooms, 2 bathrooms and 700-1100 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Apartment, Finished with Walk-Out • 5 parking spots • Garage: None • Heating: Gas Heat Pump • Cooling: Wall Unit(s). Property taxes are approximately $3,417 for 2024. 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 ful.

FAQs for 517 Wales Drive, Saugeen Shores, ON , Saugeen Shores , Saugeen Shores

What are the listing details for 517 Wales Drive, Saugeen Shores, ON?
517 Wales Drive, Saugeen Shores, ON is a Duplex for sale in Saugeen Shores, in the Saugeen Shores neighbourhood, Bruce. The current list price is $765,000. MLS number: X12392311.
How many bedrooms and bathrooms does this home have?
517 Wales Drive, Saugeen Shores, ON is listed as a Duplex with a ["Backsplit 3"] style, featuring 3+2 bedroom(s) and 2 bathroom(s). The listed interior size range is 700-1100 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 60.00 x 109.00 Feet. The basement is listed as: Apartment, Finished with Walk-Out. Garage type: None. Total parking: 5 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Heat Pump. Cooling is listed as: Wall Unit(s). Exterior/construction materials are listed as: Brick, Aluminum Siding.
Where is this property located?
517 Wales Drive, Saugeen Shores, ON is located in the Saugeen Shores neighbourhood of Saugeen Shores. The listed cross street is Ridge Street.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $3,417 / 2024. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.