223 Ontario St S

Lambton Shores | Grand Bend | N0M 1T0
  • 6
  • 4
  • 0

$1,185,000

Est. Mtg $4,018 /mo
  • Days on market

    17

  • Status

    New

Listing Broker CERTAINLI REALTY INC
Since listed: 1 views

Home details

MLS #:

X10417404

Property type:
Detached
Style:
Bungalow
Taxes:
$4,739
Possession:
30-60 days
Lot Front:
80.0   Feet
Lot Depth:
604.0   Feet
Basement:
Full | Unfinished
Driveway Pkg:
10
Heat:
Gas | Forced Air

Description


223 Ontario St S, , Lambton Shores, Ontario is a Detached property in Lambton Shores and in the Grand Bend community in the N0M 1T0 postal code


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!.

Extras

All furnishings in House 1 (3 beds, 1 baths) - turn key rental.


History

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List Date End Date List Price End Price Status MLS #
2010-10 2024-02 $389,000 $389,000 Exp X7866273
2024-06 2024-09 $1,300,000 $1,300,000 Ter X9004492
2024-09 2024-10 $1,250,000 $1,250,000 Ter X9361442
2024-10 2024-11 $1,195,000 $1,195,000 Ter X9417434
2024-11 2024-11 $1,185,000 $1,185,000 New X10417404

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Lambton Shores :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Lambton Shores :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 223 Ontario St S

Based on available 3rd party data

$4548

Approximate costs per month

Mortgage
$4018 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$394 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker CERTAINLI REALTY INC
Data Source: TRREB

Payment calculator

$4413 monthly. In association with: TD Bank
%
  • Principal and Interest
    4018 /mo
  • Property Taxes
    $394 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Marcus Le , Realtor

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