$2,300,000
For sale: Vacant Land

Prime Development Opportunity in the thriving Town of Saugeen Shores (Port Elgin)! Situated on a highly visible, high-traffic commercial corridor that serves both the area's growing local economy and vibrant tourism sector, this exceptional development site offers tremendous investment potential. Site Plan Application has been submitted for a proposed mixed-use development featuring ground-floor commercial space and a 4-storey Residential rental apartment building comprising 27 RES units, including a mix of spacious 2-bedroom and 3-bedroom suites. Ideally located within one of Bruce County's fastest-growing communities, this property presents an outstanding opportunity for developers, builders, and investors seeking long-term growth and strong rental demand. Suitable for both seasoned developers and investors looking to expand their portfolio with a high-potential project in a rapidly expanding market
Sold data
Homes in Saugeen Shores took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 100, across 86 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $649,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 43% of sellers reduced their price before finding a buyer.
Based on 86 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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