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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.
City: Lambton Shores
Neighborhood: Port Franks
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Feb 14, 2025 | 58 | $1 | N/A | Terminated | X11973803 |
Jan 10, 2025 | 33 | $724,995 | N/A | Terminated | X11918388 |
Oct 16, 2024 | 84 | $699,997 | N/A | Terminated | X9415622 |
May 17, 2024 | 151 | $699,999 | N/A | Expired | X8348526 |
Mar 18, 2024 | 60 | $774,999 | N/A | Terminated | X8235690 |
Jun 1, 2022 | 14 | $629,900 | $662,000 | Sold | X7805671 |
Apr 15, 2002 | 8 | $134,900 | $129,000 | Sold | X7739966 |
Purchase Price | $699900 |
Down Payment | $139980 |
Mortgage Insurance | $0 |
Total Mortgage | $559920 |
Mortgage Payment | $3450 |
Property Taxes | $222 |
Maintenance Fees | $0 |
Monthly Payment | $3673 |
Sold Comparables homes near 7575 Biddulph St, Lambton Shores
Located at 7575 Biddulph St , this Lambton Shores house is available for sale. This property was listed for $674,900 on Wed May 07 2025. This house's size is 1100-1500 Sqft. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: Br, 2nd Br, 3rd Br, 4th Br, Dining, Kitchen, Living, 5th Br, Living. This property comes with 10 parking spots. 7575 Biddulph St, Lambton Shores is situated in the Port Franks neighbourhood.
MLS#: X12092292 · $674,900 · 5 bedroom house in Port Franks, Lambton Shores