Rare Opportunity Alert! This Luxury Vacation Property Is Ready for a New Owner , Operational With a Small Investment of capital. Main building with 7 units is close to occupancy with the remaining 4-5 units halfway there. Elegant design throughout and no expense spared on implementation. Market peak appraisal showing 13 million dollars! Located in the quiet, vibrant and fully serviced downtown of Southhampton- an area with mostly protected shorelines. A rare building with commercial uses directly on the pristine soulful shores of lake Huron. Area influences include the Bruce Power Plant with strong salaries and a workforce that will keep vacancy rates to a minimum. Prospectus available, estimated 1.8 gross revenue (after vacancy estimates based on intended operation.) Flexibility in completion plan to operate with 11-13 units total. VTB is an option at desirable rates. View unbranded video tour for a more detailed look at the property. Buyer to complete their own diligence.
| MLS # | X13605490 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 26 |
| Listing Provided By | Strive Realty Ltd. | X13605490 10003300 |
| SQ Feet | 19,776 |
|---|---|
| Acreage | 0.45 |
| Cooling | Yes |
|---|
| Utilities | Available |
|---|
| Tax Annual Amount | 14508 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LT 5 PL 32; SAUGEEN SHORES |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Bruce |
| City | Saugeen Shores |
| Postal Code | N0H 2L0 |
| Area | Saugeen Shores |
| Listing VS Median (in N0H 2L0) | |
Price: $6,999,999 low | high Med: $899,000 sqft: 19,776 low | high Med: 1,940 $ / sqft: $354 low | high Med: $463 On site: 26 low | high Med: 442 | |
| Province | ON |
|---|---|
| County | Bruce |
| City | Saugeen Shores |
| Postal Code | N0H 2L0 |
| Area | Saugeen Shores |
| Listing VS Median (in N0H 2L0) | |
Price: $6,999,999 low | high Med: $899,000 sqft: 19,776 low | high Med: 1,940 $ / sqft: $354 low | high Med: $463 On site: 26 low | high Med: 442 | |