229 Adelaide St

229 Adelaide Street in Saugeen Shores is a low-rise apartment condominium complex of three storeys, built approximately 50 to 100 years ago. The building comprises residential units averaging around 700 square feet. Recent sales have been sparse, with units selling around $300,000, or approximately $436 per square foot. Monthly condo fees average $540 (roughly $0.77 per square foot) and cover heat, water, hydro and building insurance. Units feature exclusive parking. The property is managed by Harris Management Group. Prospective buyers should obtain and have the status certificate, reserve fund study, financial statements, board minutes, insurance documentation and by-laws independently reviewed to understand the building's condition, financial health and governance.