223 Ontario St S
Grand Bend, Lambton Shores
$1,185,000
Buy with Dwelly and Save $11,850
Home Details
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Listing 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!
All furnishings in House 1 (3 beds, 1 baths) - turn key rental
City: Lambton Shores
Neighborhood: Grand Bend
Property History
Rooms
Room dimensions for 223 Ontario St S, Lambton Shores
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 223 Ontario St S is 6237
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1185000 |
| Down Payment | $237000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $948000 |
Monthly Payment
| Mortgage Payment | $5842 |
| Property Taxes | $395 |
| Maintenance Fees | $0 |
| Monthly Payment | $6237 |
About 223 Ontario St S, Lambton Shores
Located at 223 Ontario St S , this Lambton Shores house is available for sale. This property was listed for $1,185,000 on Wed Nov 13 2024. This house's size is 80.00 x 604.00 Feet. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: Kitchen, Dining, Living, Br, Bathroom, 2nd Br, Bathroom. This property comes with 10 parking spots. 223 Ontario St S, Lambton Shores is situated in the Grand Bend neighbourhood.
MLS#: X10417404 · $1,185,000 · 6 bedroom house in Grand Bend, Lambton Shores