104 Third Avenue N,South Bruce Peninsula, ON N0H2G0
South Bruce Peninsula, ON N0H2G0
Description
5 COTTAGES IN THE CORE BEACH AND BUSINESS DISTRICT! Rarely does an opportunity emerge to own a quintessential piece of Sauble Beach's core and history. Perfectly positioned just steps from the iconic sandy shoreline, this 5-cottage assembly is more than just an income property, it is a high-visibility stake in one of Ontario's most sought-after destinations. Whether you are looking for a long-term beach-town holding, a family compound, or a hands-on business with immediate cash flow, this property offers a footprint that is difficult to find in today's market.The property features five 2-bedroom cottages, each thoughtfully equipped with pull-out couches for extra guests and decks furnished with their own BBQs to maximize guest capacity and comfort. Among them is a winterized cottage with wood-burning f/p featuring a 4-piece bath, offering the flexibility for year-round residency or premium off-season rental income. The four seasonal units feature 3-piece baths and have become a "home away from home" for a loyal, repeat clientele base.This is a turn-key operation designed for seamless guest experiences, including on-site office with laundry facilities, plus two storage sheds for maintenance and gear, 2 communal fire pits and a dedicated play area that anchor the nostalgic, family-friendly atmosphere and a "park-once" location where guests are seconds away from the beach, boutiques, and the vibrant energy of Main Street and Lakeshore Blvd. While currently operating as a successful, high-occupancy rental business (including the business name, website, and nearly all contents), the true value lies in the long-term appeal of this central lot. For the visionary investor, there is significant "value-add" potential to refresh these vintage gems and capture even higher yields. Capture the income today, secure the land for the future, and invest in the core of Sauble Beach. (id:13843)
Details
| MLS # | X12936890 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 156 |
| Listing Provided By | Royal LePage Estate Realty | MARIA ELENSKY |
Features
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 573 |
| Zoning | C1A |
Exterior
| Lot Features | Irregular lot size |
|---|
Parking
| Parking Total | 8 |
|---|
Taxes
| Tax Annual Amount | 3872.36 |
|---|
Area Information
| Province | ON |
|---|---|
| City | South Bruce Peninsula |
| Postal Code | N0H2G0 |
| Listing VS Median (in N0H2G0) | |
Price: $799,000 low | high Med: $626,950 sqft: 573 low | high Med: 1,300 $ / sqft: $1,394 low | high Med: $494 On site: 156 low | high Med: 18 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | South Bruce Peninsula |
| Postal Code | N0H2G0 |
| Listing VS Median (in N0H2G0) | |
Price: $799,000 low | high Med: $626,950 sqft: 573 low | high Med: 1,300 $ / sqft: $1,394 low | high Med: $494 On site: 156 low | high Med: 18 | |
