1032 Goderich Street

Saugeen Shores · MLS® X13238066

Land · Vacant Land · 142 days on market

listed by DARPAN PATEL, 293485

realtor's description

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

property details

type: Land, Vacant Land
parking: 0
property tax: $3,746 / yr
days on market: 142
MLS®: X13238066

monthly cost

$10,333/mo

Mortgage $10,021 · Tax $312

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$10,021/ monthly

loan $1,840,000

25-year amortization

down payment20% · $460,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,166,264
cash to close: $460,000; down payment; transfer tax and fees not included
total paid: $3,006,264

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.