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189-193 High Street

Saugeen Shores, ON N0H 2L0

ActiveFor Sale
0 Beds
0 Baths
6,353 Sq Ft
Commercial
Virtual Tour Available

About This Property

Exceptional 6% CAP mixed-use investment opportunity at 189-193 High Street in the heart of Southampton. Offered together as one package, these two extensively rebuilt and renovated buildings feature high-end finishes and a desirable mix of commercial and residential units, all fully leased with quality tenants in place, delivering immediate income and long-term investment stability. Located just steps from Southampton Beach and approximately 20 minutes from Bruce Power, the property benefits from strong demand in one of Ontario's most sought-after lakeside communities.At 189 High Street, the main level offers a well-positioned commercial space with two updated residential apartments above. 193 High Street includes a prominent commercial unit, a main-floor residential suite, and two additional residential units on the upper level. The residential mix offers versatile layouts including two-bedroom units, one-bedroom suites, and a one-bedroom plus den, appealing to a wide range of professional and long-term tenants.Each unit has been thoughtfully modernized with premium finishes, creating attractive, turn-key spaces that continue to draw stable, high-quality tenants. Dedicated parking for tenants further enhances convenience and long-term tenant retention.With excellent main street visibility, strong tenant demand, and proximity to beaches, restaurants, and shops, this property represents a rare opportunity to acquire a fully stabilized, like-new income-producing asset delivering a 6% return in a premier waterfront community.Rent roll, financials, and additional photos are available upon request.Additional Opportunity: 174 High Street is also available for purchase, creating the potential to assemble a *larger portfolio of prime mixed-use real estate along Southampton's main commercial strip.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size6,353 sq ft
Bedrooms0
Bathrooms0
Postal CodeN0H 2L0
Last UpdatedAug 8, 2026 · 7:43 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12863194

Listed by Real Broker Ontario Ltd.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,459,900

asking price

MLS®X12863194
TypeCommercial
CitySaugeen Shores
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$12,012

/month · $1,967,920 mortgage

Down Payment20% — $491,980
Interest Rate5.5%

Amortization

Total Interest

$1,635,685

Total Cost

$3,603,605

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

Real Broker Ontario Ltd.