Saugeen Shores, ON · · MLS® X12388649Updated
$495,000Est. $2,432/mo mortgage
2231 Bruce Road 40 is a land in Saugeen Shores, listed for $495,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Welcome to 2231 Bruce Road 40 a beautiful country property offering over 4.5 acres of opportunity just minutes from downtown Port Elgin. Located only 3 hours from the GTA, 20 minutes to Bruce Power, and close to the natural beauty of MacGregor Point Provincial Park and Lake Huron, this property is the perfect blend of convenience and rural charm.This expansive lot is ready for your vision whether you're looking to design and build your dream home or start a new business venture. The property features two substantial outbuildings with concrete floors (32' x 40' and 46' x 128') and a large outdoor concrete pad, offering excellent potential for storage, workshops, or room for your toys. Whether you're an investor, entrepreneur, or someone looking for space to grow, this is your chance to bring your ideas to life in a sought-after location. Note: Property taxes were assessed with a previous home on the site.
Saugeen Shores land priced at $495,000 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Saugeen Shores market reportSold prices are shown free to signed-in members, as board rules require.
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LOT #55 Marshall Place
Land
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457 Clarendon Street
Land
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N/A Knechtel Lane
Land
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160 Huron Street
Land
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0 Knowles Lane
Land
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256 ANGLESIA Street
Land
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home2231 Bruce Road 40 N/a 0 bd · 0 ba | $495,000asking | — | — | — |
| LOT #55 Marshall Place 0 bd · 0 ba | ||||
| 457 Clarendon Street 0 bd · 0 ba | ||||
| N/A Knechtel Lane 0 bd · 0 ba | ||||
| 160 Huron Street 0 bd · 0 ba | ||||
| 0 Knowles Lane 0 bd · 0 ba · 700 sqft | ||||
| 256 ANGLESIA Street 0 bd · 0 ba |
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba · 700 sqft
0 bd · 0 ba
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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.
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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Listing brokerage: Century 21 In-Studio Realty Inc., BrokerageMLS® X12388649 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other homes for sale in Saugeen Shores around $495K.
Homes for sale in Saugeen Shores
Every active Saugeen Shores MLS® listing, updated all day.
Based on 134 sales from Aug 12 – Nov 10, 2026 (93 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
2231 Bruce Road 40 is listed at $495,000 (MLS® X12388649). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $550,000 and is now $495,000, a drop of $55,000 (10.0%).
The listing for 2231 Bruce Road 40 doesn't publish its bedroom and bathroom count. It is a lot in Saugeen Shores.
About $2,432 a month — principal and interest on $495,000 with 20% down ($99,000), 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.
Its asking price of $495,000 is about 20% below the median sold price in Saugeen Shores over the last 90 days, $620,000, across 134 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.
Summitly has no earlier MLS® sale or lease of 2231 Bruce Road 40 on record from the last two years. Older records aren't shown under TRREB rules.
2231 Bruce Road 40 is in Saugeen Shores, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
428 days — 2231 Bruce Road 40 was listed on September 8, 2025.
Garage: Yes.
The lot is 3.495 acres, as published in the listing.
About $6,375 in Ontario land transfer tax at the asking price of $495,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
