200 Elgin St is a 4-bedroom, 2-bathroom detached home in Saugeen Shores, listed for $1,375,000. It has 1500-2000 sq ft of living space.
1Rare multi-residential investment & future development opportunity in port elgin!
2Occupying approximately three-quarters of the block, this substantial property measures approximately 198.25 ft x 128.23 ft and offers parking for approximately 10 vehicles.
3Recent improvements include updated roofing, siding, plumbing and various upgrades throughout the residences.
Rare multi-residential investment & future development opportunity in port elgin! Just steps from the beautiful Main Beach in Port Elgin, 200 Elgin Street offers an exceptional opportunity featuring a spacious 4-bedroom, 2-bathroom main residence with attached 2 garage, five additional residential dwellings(4 leased long term, 1 vacant currently,, six civic addresses and a vacant former building site with reported servicing. Occupying approximately three-quarters of the block, this substantial property measures approximately 198.25 ft x 128.23 ft and offers parking for approximately 10 vehicles. Recent improvements include updated roofing, siding, plumbing and various upgrades throughout the residences. Whether you're seeking a multi-residential investment, accommodations for extended family or a substantial landholding with potential for future development, this unique property offers incredible versatility. Ideally situated close to Port Elgin's sandy beaches, shopping, restaurants and amenities. Future construction, redevelopment or severance is subject to municipal approvals and buyer due diligence. Flexible closing available! An outstanding opportunity to invest in one of Lake Huron's most desirable communities. Bring your vision and explore the possibilities!
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $917 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 200 Elgin St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Lot size
128.23 x 198.25
Parking
10 spacesYes garage
Basement
Unfinished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
10
Interior
Basement
Unfinished · Full
Lot & land
Lot dimensions
128.23 x 198.25
Lot size (sqft)
0
Lot features
Irregular Lot
Listing & possession
Property style
2-Storey
Property class
Detached
200 Elgin St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14180964$1,375,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 200 Elgin St Compares to the Saugeen Shores Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,755
/mo
based on the purchase price of $1,375,000
$275,000 cash
$1,100,000 financed
$926,489 total interest
Principal54%$1,100,000
Interest46%$926,489
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Saugeen Shores
Other 3–5 bed homes for sale in Saugeen Shores around $1.4M.
Average days on market68Homes sold in about 68 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings213Homes for sale here right now.
Median vs prior 90 days−10.5%Compared with May 18 – Aug 16, 2026: prices down.
Based on 128 sales from Aug 16 – Nov 14, 2026 (94 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 200 Elgin St
How much is 200 Elgin St listed for?
200 Elgin St is listed at $1,375,000 (MLS® X14180964). Summitly updates the price as soon as the MLS® record changes.
Is $1,375,000 a good price for 200 Elgin St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Saugeen Shores. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 200 Elgin St changed?
No — 200 Elgin St is still listed at its original asking price of $1,375,000.
How many bedrooms and bathrooms does 200 Elgin St have?
200 Elgin St has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Saugeen Shores.
How much would the monthly mortgage be on 200 Elgin St?
About $6,755 a month — principal and interest on $1,375,000 with 20% down ($275,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 200 Elgin St compare with other homes in Saugeen Shores?
Its asking price of $1,375,000 is about 119% above the median sold price in Saugeen Shores over the last 90 days, $626,500, across 128 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 200 Elgin St been sold before?
Summitly has no earlier MLS® sale or lease of 200 Elgin St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 200 Elgin St?
200 Elgin St is in Saugeen Shores, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 200 Elgin St been on the market?
200 Elgin St was listed today (November 14, 2026).
What is the price per square foot of 200 Elgin St?
About $688 to $917 per square foot: the asking price of $1,375,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 200 Elgin St have parking or a garage?
Yes — the listing gives 10 parking spaces. Garage: Yes.
Does 200 Elgin St have a basement, and is it finished?
The listing describes the basement as: Unfinished, Full.