[3] The eponymous Sauble River meanders around the east section of the park and flows down under the county road to the falls.

Eventually it had a general store, blacksmith shop, post office, school, and two churches.

Between 1905 and 1907, the Sauble Falls Light and Power Company built a hydroelectric generating station and dam (which became part of Ontario Hydro in 1929).

The mill ended operations in the late 1920s and the town site was gradually demolished in the 1950s.

The park office and parts of the dam and power plant are the only town structures to remain.