121 South Rankin Street, Saugeen Shores, ON Image 1

$1,499,000

Investment For Sale
MLS - #X12104873
Apr 25- By Wilfred McIntee & Co Limited

121 South Rankin Street, Saugeen Shores, ON N0H 2L0

Bed
Bath
1544 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

1544 Sqft

About 121 South Rankin Street

Opportunity is knocking! This is a rare chance to own a great investment property with solid income in the sought after lake side community of Southampton, located along the renowned Saugeen River near the shores of Lake Huron. Known as Riverview Tourist Camp and owned by the same family for over 50 years, this is a once in a lifetime opportunity. Situated on a 1.23 acre riverfront lot with expansive river frontage and amazing river views this property is something special. The camp is currently comprised of 20 seasonal trailer sites with electricity and municipal water & sewer (with the possibility of 2 more sites), a shower/bath building, two cozy cottages rented year-round, and a main 4 season house with 2 bedrooms/1.5 bathrooms. The home would be perfect to use as your own private getaway or as an additional rental accommodation to drive more revenue. The current zoning is commercial recreational and environmental protection giving way to a number of potential uses subject to the proper consultation and approvals with the municipality and conservation authority. The Saugeen River is recognized far and wide for its world class fishing. Enjoy easy boating access to Lake Huron. This is an extraordinary opportunity to own a special little piece of Southampton. All measurements and boundaries are approximate and for reference purposes only.

Home Overview

Last updated

Apr 25

Virtual tour

None

Basement information

Building size

1544

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:No
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
149900000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 121 South Rankin Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$5725.16/ month

Some information about this property - South Rankin Street

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