104 Third Avenue

South Bruce Peninsula, ON

6 bath
573 sqft
Investment
157 days on market

$799,000Price reduced 3%

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.

Listing Details

Taxes (2025): $3,872
Originally Listed: $824,900
Listed: March 30, 2026

Price History

Listing history

Property

Age: 51-99
Lot Size: 50 x 150 Feet

Parking

Garage: Outside/Surface

Utilities

Water: Water System
Sewer: Septic

Location & Legal

Cross Street: Main Street & 3rd Ave N
Zoning: C1A
Parcel Number: 331530094
Possession: 90+ days
Occupancy: Vacant

Commercial

Business Type: Cabins/Cottages

Included

Inclusions: 6 BBQ's, 5 fridges, 5 stoves, 5 microwaves, all kitchen contents, picnic tables, 5 window a/c units; children's play equipment, sheds, washer, dryer
Exclusions: Office fridge, office electric f/p, office couch, office table with chairs, shed freezer; personal items
Rental Items: 1 hot water tank (cottage #5)

Community

Postal area N0H

Population: 53,674
Private dwellings: 34,400
Median age: 52.8
Average household size: 2.3
Median household income: $86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in South Bruce Peninsula · last 12 months

Median sold price: $510,000
Homes sold: 173
Median days on market: 38
Sale-to-list price: 94.5%

Based on 173 recorded sales of commercial properties in South Bruce Peninsula over the last 12 months.

Listed by

Royal LePage Estate Realty

Walk Score

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Location

Street View

Commercial figures

Building area: 573 sq ft
Price per sq ft: $1,394.42
Annual property tax: $3,872
Tax per sq ft: $6.76

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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