Re-listed 45 days ago

7575 Biddulph St, Lambton Shores, Ontario N0M 2L0

Detached
5 + 4
3
~1100-1500 sqft
$•••,•••
$649,995
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Detached
5 + 4
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$512/sqft

Est. Mortgage$2,791/mo

Tax Amount (2024)$2,668/yr

Days On Market45 days

Total Days On Market443 days


Description

Beautiful year-round home with lake views, across from the Port Franks marina, with large detached legal guest house in the back. Large 1000 Sq ft insulated & heated shop under the large 2 bedroom guest house unit. Possible to split the main house into 2 suites and the back house into an upper & lower for 4 total suites, or continue to use as a man cave shop. Located just a short walk to the beach, you'll enjoy easy access to sandy shores and beautiful sunsets year-round. With 2 fully insulated year-round homes/cottages, (5 bedroom, 2 bathroom main house and 2 bedroom rear guest unit), plus a bonus 3 room man cave, it's more than meets the eye! Incredible value for the price! The rear guest house is the ideal setup for generating rental income or housing extended family, serving as a fantastic mortgage helper. Everything was upgraded from: floors, roof, paint, bathrooms, central air, insulation and windows, to 200 amp hydro+ (100 amp to the guest house / garage unit). This large compound provides the perfect set-up for a family cottage, home, or turn-key investment as a furnished vacation rental with excellent cash flow. The back upper guest apartment is rented for 1499/month as a mortgage helper, tenant is willing to move out.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size10,890 SqFt(132 x 82.5)
Parking Spaces10
MLS ®NumberX12092292
Community NameLambton Shores
Data SourceTRREB
Listing byROYAL LEPAGE TRILAND REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Crawl Space

Main Floor

Br

4.37 x 2.44

2nd Br

3.89 x 2.21

3rd Br

3.94 x 2.21

4th Br

2.92 x 5.61


Features

Lot size: 10,890 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by ROYAL LEPAGE TRILAND REALTY, Brokerage
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Market Data - Lambton Shores

Geo Zone Map ThumbnailLambton Shores

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

43 days

2023

29 days

2022

12 days

New Listings

Past 30 days

52 listings

Compared to

2024

110 listings

2023

107 listings

2022

68 listings

Units sold

Past 30 days

17 units

Compared to

2024

53 units

2023

47 units

2022

36 units

Median Sold Price

Past 30 days

$609,000

Compared to

2024

$607,500

2023

$654,000

2022

$720,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget