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177 Elgin Street

177 Elgin Street

Saugeen Shores, ON

  • 3 bed
  • 1 bath
  • approx. 700-1100 sqft
  • Detached
  • 34 days on market
$449,900

Opportunity meets location at 177 Elgin Street in Port Elgin. This 3-bedroom, 1-bathroom cottage has been a successful rental property for a number of years, attracting many repeat cottagers who return year after year to enjoy its unbeatable location just steps from the harbour and Main Beach. For investors, this property offers the potential to continue an established rental history in one of Port Elgin's most desirable areas, with strong appeal across the seasons. The 4-season layout and gas fireplace help extend its use beyond the summer months, while recent updates add value and peace of mind, including newer windows (2017), gas fireplace (2012), roof (2023), and a 200-amp breaker panel. Whether you choose to continue operating it as a sought-after rental cottage, enjoy it personally while generating supplemental income, or hold it as an investment in a prime Port Elgin location, the possibilities are endless. With the beach, harbour, and downtown amenities all within walking distance, this is an opportunity to invest in a property with a proven rental track record and a location that keeps guests coming back.

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Listing Details

Taxes (2026)
$2,955
Listed
August 15, 2026

Price History

Property

Style
1 1/2 Storey
Construction
Wood
Roof
Asphalt Shingle
Foundation
Block
Interior
Water Heater Owned
Lot Size
33 x 66 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Electric

Location & Legal

Cross Street
Elgin Street
Zoning
R1-3
Parcel Number
332690053
Possession
Flexible
Occupancy
Partial

Included

Inclusions
Fridge, Stove, Dishwasher, Hot Water Tank, Furnishings, Kitchenware, Window Coverings.
Exclusions
Owners personal Items.

Schools

Elementary

  • St Joseph's School1 km

    Catholic · Bruce-Grey CDSB · 290 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 32% met the provincial standard

  • Port Elgin-Saugeen Central School1.2 km

    Public · Bluewater DSB · 625 students

    Grade 3 reading: 48% met the provincial standard · Grade 6 math: 44% met the provincial standard

  • Northport Elementary School1.4 km

    Public · Bluewater DSB · 510 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 39% met the provincial standard

Secondary

  • Saugeen District Secondary School1.9 km

    Public · Bluewater DSB · 730 students

    Grade 10 literacy: 88% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

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

Residential Freehold in Saugeen Shores · last 12 months

Median sold price
$660,000
Homes sold
274
Median days on market
38
Sale-to-list price
97.4%

Based on 274 recorded sales of residential freehold properties in Saugeen Shores over the last 12 months.

Rooms

4-piece on Main

Second

  • Bedroom11' x 13'7"
  • Bedroom8'11" x 16'
  • Sitting9'3" x 8'

Main

  • Bathroom4' x 6'4"
  • Bedroom12'9" x 9'3"
  • Dining Room8'11" x 5'11"
  • Kitchen8'11" x 11'
  • Living Room14'4" x 17'
  • Sunroom23'4" x 6'7"

Listed by

eXp Realty

Walk Score

39

Walk

43

Bike

Scores by Walk Score®

Mortgage Calculator

$89,980

Estimated Monthly Payment

$2,210

Land transfer tax

Estimated land transfer tax$5,473

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,210/mo (20% down, 5.5%)

Taxes: $246/mo · Insurance: $112/mo

Estimates only. Consult a financial advisor.

R

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