5 - 633 HARBOUR STREET, Saugeen Shores, Ontario
$524,900
- 2 Beds
- 1 Bath
OPEN HOUSE SUNDAY 2-4pm - Summer Starts Here! Rare Waterfront Opportunity at Unit 5 - 633 Harbour Street, Port Elgin. Welcome to this rare west-facing waterfront condo on the shores of Lake Huron, offering unbeatable beach and lake views in one of Port Elgin's most desirable locations. Just steps from the sand, this 2-bedroom, 2-storey unit offers breathtaking sunsets, low-maintenance living, and excellent flexibility for personal use, long-term rental, or short-term investment potential. Located directly across from Port Elgin's main beach, marina, parks, splash pad, and scenic waterfront trails, this move-in-ready condo is truly turnkey. Enjoy the patio and outdoor sitting area after a beach day, with the shoreline only steps from your door. Recent updates include new upstairs flooring (2023), renovated bathroom (2025), owned hot water tank (2025), and a professionally installed Mitsubishi heat pump/AC system with 3 heads designed to provide efficient year-round comfort while helping keep utility costs low. Common expenses include water and sewer, plus access to onsite laundry facilities. Short-term rentals are permitted with a minimum one-week stay, creating exciting income potential. Rental rates in the area for 2-bedroom units have reportedly reached upwards of approximately $2,500 per week during peak seasons. Buyers are advised to conduct their own due diligence regarding permitted use, occupancy rates, operating expenses, and projected rental income. Property taxes are just under $2,700 annually - an exceptional value for waterfront living in one of Ontario's most sought-after beach communities. With the continued Bruce Power expansion and increasing demand for quality shoreline accommodations, this could be the right move - but don't wait. Summer is here! Contact your REALTOR today to book your private showing of Unit 5 at 633 Harbour Street. (id:56241)
- Listing ID: X13137676
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5 - 633 HARBOUR STREET in Port Elgin Ontario. It was last modified on May 15th, 2026. Contact Becky Hunt to schedule a viewing or to discover other Port Elgin condos for sale.