$1,250,000 FOR SALE

Detached Bungalow

Bedrooms: 6Bathrooms: 4Lot: 80 x 604 ft
2023 Taxes: $4,738.81

223 Ontario St S
Lambton Shores, ON N0M 1T0 | Grand Bend | Lambton

RARE OPPORTUNITY THREE PROPERTIES ON ONE LOT!! This property boasts THREE renovated homes on a 1.5 acre mature treed lot backing out onto the river. Walking distance to the Main strip in Grand Bend, this location is convenient and attractive to potential vacation renters. Depending on how you plan to use this property, there are multiple profit generating strategies. Option #1: Short Term Rentals. Approx. $1000 a night to rent the property in peak season. Option #2: Mortgage Helper. Make one property your primary residence and rent out the other 2 properties. Option #3: Make this your primary residence ready to entertain large gatherings. Option #4: Sever the lot and maximize its value. Property breakdown: House 1: 2 bed/2 baths. House 2: 3 beds/1 bath. House 3: Loft style garage- open concept with 1 bed/1 bath. Property details to note:all 3 homes have been completely renovated. They all have their own HVAC systems (HWT, furnace, AC, laundry, appliances). Each property also has its own septic system and they are all connected to town water. There are 2 hydro meters and 2 gas meters. The property sits on 1.5 acres and has enough parking for 15 or more spots. It also backs onto a private river that can be used for kayaking, fishing, etc. Updates include: new furnace, new windows, new electrical, heated floors. Essentially the homes have been completely renovated inside. This property is truly one of a kind and can appeal to many different types of buyers. Please check out the Virtual Tour URL and the Additional Pictures URL for beautiful drone footage and many more pictures of the lot and properties. Dont miss this opportunity and schedule a showing today!

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Listed By CERTAINLI REALTY INC
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9361442
Last Updated Sep 20, 2024
Property Summary
Property Type Detached

More like this:
PIN 434450391
Legal Description LT 6 PL 33 BOSANQUET EXCEPT L743201; LAMBTON SHORES
Possession Date 30-60 day flex
Taxes (2023) $4,738.81
Assessment (2024) $396,000
Directions/Cross Streets Main St E
Neighbourhood Grand Bend
Area Lambton
Price History
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Detailed Information
Fronting On E
Link N
Waterfront Indirect
Special Designations Unknown
Bedrooms 6
Bathrooms 4
Rooms 9+1
Kitchens 3
Lot 80 x 604 ft
Acreage .50-1.99
Approximate Age 51-99
Exterior Shingle, Vinyl Siding
Elevator N
Air Conditioning Central Air
Family Room N
Fireplace/Stove Y
Pool None
Laundry Level Main
Basement Full, Unfinished
Drive Front Yard
Garage Spaces 2.0
Garage Type Other
Parking Spaces 10
Total Parking Spaces 10.0
Retirement N
Heat Source Gas
Heat Type Forced Air
Other Structures Aux Residences
Sewers Septic
Utilities-Hydro Y
Utilities-Gas Y
Utilities-Cable Y
Water Municipal
UFFI No
Zoning R6
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
KitchenMain3.89 m x 4.15 m (12.76 ft x 13.62 ft)
DiningMain3.92 m x 4.31 m (12.86 ft x 14.14 ft)
LivingMain4.69 m x 4.74 m (15.39 ft x 15.55 ft)
BrMain3.57 m x 4.12 m (11.71 ft x 13.52 ft)
BathroomMain2.96 m x 4.12 m (9.71 ft x 13.52 ft)4 Pc Bath
2nd BrMain2.91 m x 2.96 m (9.55 ft x 9.71 ft)
BathroomMain2.36 m x 1.55 m (7.74 ft x 5.09 ft)2 Pc Bath, Combined W/Laundry
Bathrooms
Pieces Level
4Main
2Main
3Main

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