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517 Wales Drive, Saugeen Shores, ON N0H2C1

$734,9005Beds 2Baths 700Sqft

Property Overview

  • Row / Townhouse Home Type
  • Duplex Building Type
  • 6540 Sqft Lot Size
  • NoneCommunity
  • 5 Beds
  • 2 Full Baths
  • Air Conditioning (Wall Unit(s)) Cooling
  • 0 Half Baths
  • 5 Parking Space(s)
  • 1995 Year Built
  • Property Taxes
  • 3 days Days on Market
  • X13716408 MLS® #
  • $1,050 Price / Sqft
  • Three Level Split Style
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Description

WOWWWWW! 3-UNIT POTENTIAL WITH TOWN APPROVAL! 517 Wales Drive is a rare multifamily/investment opportunity featuring 2 fully self-contained units PLUS an Additional Residential Unit (ARU) approved by the Town of Saugeen Shores! Unlock the potential for a third income-producing unit without changing your current living situation.The upper unit offers 3 bedrooms, a full bathroom and laundry, while the lower unit features 2 bedrooms, a full bathroom and separate laundry. Live in one, rent the other, rent both, or take advantage of the approved third-unit opportunity for even more income potential.Fully renovated in 2025, the property offers modern finishes, brand-new appliances, 2 gas fireplaces capable of heating the entire home, newer windows and a roof replaced around 2018.Income potential is proven, having successfully operated as an Airbnb in 2022 and 2023, with summer income historically enough to cover the mortgage for the year.Outside features include parking for up to 5 vehicles, a huge fenced backyard and new storage shed. Walk to the beach via scenic trails and enjoy being minutes from downtown and the shoreline. 2 UNITS TODAY. 3RD UNIT APPROVED. MORE INCOME POTENTIAL. NO NEED TO CHANGE YOUR EXISTING LIVING ARRANGEMENT to ACCOMMODATE THE ADDED INCOME IN THE ADDITIONAL GARDEN SUITE APPROVAL! WOWWWWW!

Interior Details

See Home Description
Heat Pump
Air Conditioning (Wall Unit(s))
0
None
Part

Exterior Details

Brick
3
Alum Siding
See Home Description
Asphalt Shingles
Concrete

More Information

Property

Schools Nearby
See Home Description

Parking

Yes
5
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 2:59:46 PM UTC.