• Mobile: 416.877.3047
  • Office: 905-272-5000
  • Fax: 905-270-0047

$1,499,000
Available - For Sale
Listing ID: X12104873
121 South Rankin Stre , Saugeen Shores, N0H 2L0, Bruce


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.
Price $1,499,000
Taxes: $5164.00
Tax Type: Annual
Assessment Year: 2024
Occupancy: Tenant
Address: 121 South Rankin Stre , Saugeen Shores, N0H 2L0, Bruce
Postal Code: N0H 2L0
Province/State: Bruce
Legal Description: PT PARKLT B PL SOUTHAMPTON AS IN R98244;
Directions/Cross Streets: Highway 21 & South Rankin St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Accommodation
Use: Other
Building Percentage: T
Total Area: 1544.00
Total Area Code:  Square Feet
Area Influences: Greenbelt/Conse  
Washrooms: 0
Heat Type: Other
Central Air Conditioning: No
Sewers: Sanitary
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Wilfred McIntee & Co Limited
Personal Picture
Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-272-5000
Fax:
905-270-0047
 
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At a Glance:
Type: Com - Investment
Area: Bruce
Municipality: Saugeen Shores
Neighbourhood: Saugeen Shores
Style:
Lot Size: x 153.10(Feet)
Approximate Age:
Tax: $5,164
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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