47 days on Market

223 Ontario St, Lambton Shores, Ontario N0M 1T0

Detached
6
4
- sqft
$1,185,000
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Detached
6
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,089/mo

Tax Amount (2023)$4,739/yr

Days On Market47 days


Description

Rare chance to own THREE homes on ONE lot (1.5 acres) backing out onto the river. Located within walking distance of the Main Strip in Grand Bend, this property offers endless possibilities like being a vacation rental hotspot or an affordable multi-generational compound. Please check out the website for 3D virtual tour of all three homes! Ownership Ideas: Option 1: Mortgage Support - Primary Residence with a double car garage and a rental to help cover your mortgage. Option 2: Vacation Rentals - With peak season rates of approximately $1,000 per night, this property is an ideal short-term rental investment, perfect for vacationers seeking the charm of Grand Bend. Option 3: Hosting Large Gatherings - Move in and make this your primary residence with ample space for family and friends. Option 4: Sever the Lot - Take advantage of the property's potential to sever and maximize its value ---- Property Breakdown: House 1: 3 beds, 1 bath. House 2: 2 beds, 2 baths. House 3: Loft-style garage - 1 bed, 1 bath (open-concept living) and can easily be converted back to a double bay garage for car enthusiasts or workshop hobbyists ---- Key Features: All homes are fully renovated with new HVAC systems (furnace, A/C, hot water tank), appliances, and laundry. Each property has its own septic system and is connected to town water. 2 hydro meters and 2 gas meters for easy management. Ample parking for 15+ vehicles. Direct access to a private river for kayaking, fishing, and more. Recent upgrades include new windows, electrical, and new flooring in both the front and middle houses. This stunning property truly offers a one-of-a kind opportunity for a variety of buyers. Be sure to check out the stunning drone footage, the Virtual Tours of all three properties, and the website with many more pictures. Don't miss your chance to explore the full potential of this incredible value and schedule a showing today!


Property Details

StyleBungalow
View-
Age of property51-99
SqFt-
Lot Size48,320 SqFt(604 x 80)
Parking Spaces10
MLS ®NumberX10417404
Community NameLambton Shores
Data SourceTRREB
Listing byCERTAINLI REALTY INC

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Unfinished

Main Floor

Kitchen

3.89 x 4.15

Dining

3.92 x 4.31

Living

4.69 x 4.74

Br

3.57 x 4.12


Features

Lot size: 48,320 SqFt

Parking

Garage spaces 2

Garage type Other

Other parking spaces 8

Total parking spaces 10


Property listed by CERTAINLI REALTY INC, Brokerage
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Population and Demographics

Overview

Total population 12888
Average household income $109,815

Age (%)

65 and plus
32%
50 to 64
26%
0 to 19
17%
35 to 49
13%
20 to 34
13%

Household composition (%)

Single family
67%
Single person
30%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
Dutch
2%

House tenancy (%)

Owners
82%
Renters
18%

Schools and amenities

Estimated Budget