$734,900
7.89 BTC
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517 Wales Drive, Saugeen Shores
$734,900
PRICE
3 + 2
BEDROOMS
2
BATHROOMS
X13716408
MLSID

517 Wales Drive, Saugeen Shores

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!
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Summary

Address
517 Wales Drive
MLSID
X13716408
Property Type
Duplex
Property Category
Bedrooms
3 + 2
Bathrooms
2
Kitchens
1 + 1
Taxes (Annual)
$3,417.00
Tax Year
2025
Published
August 26, 2026
Days on Market
2 Days
Possession Type
Immediate
Possession Details
Immediate Is Fine
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Inclusions

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

Exclusions

Tenat belongings

Details

Property Features
Beach, Fenced Yard, Hospital, Place Of Worship, School Bus Route, School
Security Features
Carbon Monoxide Detectors, Smoke Detector, Security System
Bathroom 1
4-Piece Upper Level
Bathroom 2
3-Piece Lower Level
Basement
Apartment, Finished with Walk-Out
Exterior Features
Controlled Entry, Year Round Living, Privacy, Recreational Area, Built-In-BBQ
Interior Features
Guest Accommodations
Parking Spaces
5
Parking Total
5
Parking Features
Private Double
Architectural Style
Backsplit 3
Roof
Asphalt Shingle
Construction Materials
Brick, Aluminum Siding
Lot Width
60 Feet
Lot Depth
109 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Heat Pump
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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