Unknown for 223 Ontario St, Lambton Shores Ontario N0M 1T0
Re-listed 71 days ago

223 Ontario St, Lambton Shores, Ontario N0M 1T0

Detached
6
4
- sqft
$•••,•••
$1,185,000
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Detached
6
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,089/mo

Tax Amount (2024)$4,739/yr

Days On Market71 days

Total Days On Market310 days


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: 2 beds, 2 baths. House 2: 3 beds, 1 bath. 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!


Property Details

StyleBungalow
ViewRiver, Trees/Woods
Age of property51-99
SqFt-
Lot Size48,320 SqFt(604 x 80)
Parking Spaces10
MLS ®NumberX11981951
Community NameLambton Shores
Data SourceTRREB
Listing byCERTAINLI REALTY INC

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Unfinished

Main Floor

Bathroom

2.36 x 1.55

2 Pc Bath / Combined W/Laundry

Dining

3.92 x 4.31

Living

4.69 x 4.74

Br

3.57 x 4.12


Features

Lot size: 48,320 SqFt

Parking

Garage spaces 2

Garage type Other

Other parking spaces 8

Total parking spaces 10


Property listed by CERTAINLI REALTY INC, Brokerage
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Market Data - Lambton Shores

Geo Zone Map ThumbnailLambton Shores

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

28 days

2023

24 days

2022

23 days

New Listings

Past 30 days

61 listings

Compared to

2024

120 listings

2023

81 listings

2022

69 listings

Units sold

Past 30 days

15 units

Compared to

2024

40 units

2023

38 units

2022

45 units

Median Sold Price

Past 30 days

$685,000

Compared to

2024

$675,000

2023

$731,250

2022

$675,000


Population and Demographics

Overview

Total population 12888
Average household income $109,815

Age (%)

65 and plus
32%
50 to 64
26%
0 to 19
17%
35 to 49
13%
20 to 34
13%

Household composition (%)

Single family
67%
Single person
30%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
Dutch
2%

House tenancy (%)

Owners
82%
Renters
18%

Schools and amenities

Estimated Budget