Welcome to 458 Princess Street, Shallow Lake-a versatile updated home offering the perfect blend of space, flexibility, and future potential. Whether you're looking for a family home, multigenerational living, or an investment opportunity, this property is designed to fit your lifestyle. The main level features 2 spacious bedrooms and 1 bathroom, while the fully finished lower level offers a second kitchen, potential for 2 additional bedrooms and 1 bathroom, providing plenty of room for extended family, guests, or a growing household. Potential to rent the basement apartment for extra income, this home presents an excellent opportunity to generate rental income or create a private in-law suite. The attached garage and dedicated workshop offer ample space for vehicles, tools, hobbies, or extra storage, making this property as practical as it is functional. Nestled in the friendly community of Shallow Lake, you'll enjoy the peace and privacy of small-town living while being only a 15 minute drive to Owen Sound for shopping, dining, schools, healthcare, and everyday conveniences. It's the ideal balance of quiet surroundings without sacrificing accessibility. Whether you're searching for extra living space, income potential, or a home that can adapt to your future needs, 458 Princess Street is a rare opportunity you won't want to miss. Many updates include the kitchen and electric panel in the last 10 years, back roof in 2024 and front roof 2019.
| MLS # | X13608470 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 24 |
| Listing Provided By | LPT Realty | X13608470 582100 |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.24 |
| Property View | Trees, Woods, Skyline, Garden, City |
| Interior Features | Primary Bedroom - Main Floor, Workbench, Storage, In-Law Capability |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Electric |
| Fireplace Features | Freestanding, Natural Gas, Rec Room, Living Room |
| Fireplace Yes / No | Yes |
| Exterior Features | Deck, Landscaped, Privacy, Porch, Year Round Living |
|---|---|
| Roof | Shingles, Metal |
| Foundation Details | Block |
| View | Trees/Woods, Skyline, Garden, City |
| Construction Materials | Brick |
| Garage Yes / No | Yes |
|---|
| Sewer | Septic |
|---|
| Tax Annual Amount | 2109 |
|---|---|
| Tax Legal Description | PT LT 8 PL 857 AS IN R444703; S/T R395301; GEORGIAN BLUFFS |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Grey County |
| City | Georgian Bluffs |
| Postal Code | N0H 2K0 |
| Area | Georgian Bluffs |
| Listing VS Median (in N0H 2K0) | |
Price: $499,900 low | high Med: $550,000 On site: 24 low | high Med: 519 | |
| Province | ON |
|---|---|
| County | Grey County |
| City | Georgian Bluffs |
| Postal Code | N0H 2K0 |
| Area | Georgian Bluffs |
| Listing VS Median (in N0H 2K0) | |
Price: $499,900 low | high Med: $550,000 On site: 24 low | high Med: 519 | |