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223 Ontario Street S Lambton Shores, Ontario N0M 1T0

6 Bedroom 4 Bathroom
Bungalow Fireplace Central Air Conditioning Forced Air

$1,300,000

RARE investment opportunity!! This property boasts THREE renovated homes on a 1.5 acre mature treed lot backing out onto the river. Walking distance to 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. Don't miss this opportunity and schedule a showing today! (id:56191)

Property Details

MLS® Number X9004492
Property Type Single Family
Community Name Grand Bend
Community Features Fishing
Features Wooded Area, Flat Site
Parking Space Total 10
View Type River View

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Water Heater, Water Meter
Architectural Style Bungalow
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding, Shingles
Fireplace Present Yes
Fireplace Total 1
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Type House
Utility Water Municipal Water

Parking

Covered

Land

Acreage No
Sewer Septic System
Size Depth 604 Ft
Size Frontage 80 Ft
Size Irregular 80 X 604 Ft
Size Total Text 80 X 604 Ft|1/2 - 1.99 Acres
Zoning Description R6

Rooms

Level Type Dimensions
Main Level Kitchen 3.89 m x 4.15 m
Main Level Dining Room 3.92 m x 4.31 m
Main Level Living Room 4.69 m x 4.74 m
Main Level Bedroom 3.57 m x 4.12 m
Main Level Bathroom 2.96 m x 4.12 m
Main Level Bedroom 2 2.91 m x 2.96 m
Main Level Bathroom 2.36 m x 1.55 m

Utilities

Cable Installed

https://www.realtor.ca/real-estate/27111566/223-ontario-street-s-lambton-shores-grand-bend

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