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7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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517 Wales Drive, Saugeen Shores, ON N0H 2C1

Duplex For Sale | X12392311Sale

Listing ID: X12392311
$734,900
5 Bedrooms
2 Bathrooms
Listing ID #X12392311
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.

Basic Details
Listing ID : X12392311
Listing Type : Sale
Price : $734,900
Bathrooms : 2
Status : Active
Property Sub Type : Duplex
Roof : Asphalt Shingle
Map
Address Map
517
Wales
US
ON
Bruce
Saugeen Shores
N0H 2C1
Drive
South
Turn left onto Ridge Street, then left again onto Wales Drive, where you will find 517 Wales Drive waiting for you on the left-hand side.
Property Area
Saugeen Shores
Features
: Wall Unit(s)
: Family Room, Natural Gas, Living Room
: None
: Apartment, Finished with Walk-Out
: Private Double
: Backsplit 3
: Privacy, Recreational Area, Year Round Living, Built-In-BBQ, Controlled Entry
2
: Guest Accommodations
: Sewer
Rooms
5
Additional Information
: Brick, Aluminum Siding
: Poured Concrete
765000
https://youtu.be/doZAczNGjXM
Financial
3417.0
Listing Information
Price Change
2026-06-12T04:02:54Z
TRREB

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