Homula Realty Brokerage
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1038 Wellington Street, Saugeen Shores, ON N0H 2C3

4 beds · 2 baths · 1 kitchen · 13 rooms · 5 parking spaces · 1100-1500 sq ft · Laundry on the lower level level · Detached
$599,900
Property tax
$3,741 / year

Don't miss out on this stunning 4 bedroom home, situated in a great mature neighbourhood in the town of Port Elgin, you can easily walk to the sand beaches and admire the famous sun sets, shop the downtown core or walk the beautiful nature trails. Along with the 4 bedrooms there is also 2 bathrooms, formal dining room, living room, kitchen with a generous amount of kitchen cabinets. The lower level offers a finished rec room with a newer gas fireplace insert, this is a perfect spot to cozy up in and enjoy a movie. From the kitchen area there is an exit to the large side patio and fully fenced yard. Metal roof applied in Nov. 2020, newer bay window, front and side doors replaced recently as well. Double asphalt drive, 6'x 19.6' front porch to sit on and enjoy the outdoors. Home shows great pride of ownership.

MLS number
X13101192
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
N0H 2C3
Photos
31
Laundry
Lower Level level
128days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Northport Elementary School
Bluewater DSB
Elementary540 m6.5 / 10
65% met the standard
Saugeen District Secondary School
Bluewater DSB
Secondary1.4 km7.3 / 10
73% met the standard · 2 of 6 measures
Saugeen District Senior School
Bluewater DSB
Elementary1.6 kmNot reported
St Joseph's School
Bruce-Grey CDSB
Elementary1.5 km6.4 / 10
64% met the standard
Port Elgin-Saugeen Central School
Bluewater DSB
Elementary1.8 km5.3 / 10
53% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Saugeen Shores306 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$595k$710k$825k20252026this home’s asking price
$750klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d29d58d20252026
27dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in saugeen shores. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 532 people.

$115,000Median household income
87.5%Own their home
89.1%Detached houses
44.4Median age
11.9%Born outside Canada
25.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410168 — the few blocks around this address, home to 532 people. It describes the area, not this property.

532Population
44.2Average age
2.3Household size
$129,000Average household income
$115,000Median household income
88%Own their home
13%Rent
8%Condominiums
12%Born outside Canada
26%University degree
$516,000Average home value
4%Low income
85%Not in the labour force
20%Never married
Under $5,0001%
$30,000 to $34,9991%
$50,000 to $59,9994%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9996%
$100,000 and over38%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99911%
$200,000 and over10%

Percentages are of the 355 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$119,980 · minimum here is $34,990
$2,656.23per month
Borrowed before insurance$479,920
Total borrowed$479,920
Interest over 25 years at 4.5%$316,948

If you rented it out

-$2,967.98per month out of pocket
Rent$0.00
Everything it costs to hold$2,967.98
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Coldwell Banker Peter Benninger Realty. Listing data provided by the Toronto Regional Real Estate Board.