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Erika Alvarenga

erika@realsales.ca +1(437) 372-5051

$ 1,195,000

Est. payment -/mo

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Active

223 Ontario ST S Lambton Shores, ON N0M 1T0

6 Beds

4 Baths

0.5 Acres Lot

UPDATED:

10/19/2024 12:33 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9417434

Style Bungalow

Bedrooms 6

Annual Tax Amount $4,738

Tax Year 2023

Lot Size 0.500 Acres

Property 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. 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 a website with many more pictures. Don't miss your chance to explore the full potential of this incredible value and schedule a showing today.

Location

State ON

County Lambton

Area Grand Bend

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 3

Interior

Interior Features Water Heater Owned, Primary Bedroom - Main Floor, Storage, Water Meter

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Privacy, Year Round Living, Fishing

Garage Covered, Front Yard Parking, RV/Truck, Private Triple, Other

Garage Spaces 10.0

Pool None

Waterfront No

Waterfront Description Indirect

View River, Trees/Woods

Roof Type Asphalt Shingle

Topography Flat,Wooded/Treed

Parking Type Other

Total Parking Spaces 10

Building

Foundation Concrete

Listed by CERTAINLI REALTY INC

Erika Alvarenga

Agent

+1(437) 372-5051

Erika Alvarenga

223 Ontario ST S Lambton Shores, ON N0M 1T0

Key Details

Location

Rooms

Interior

Exterior

Building

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223 Ontario ST S