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$ 1,250,000

223 Ontario St S

Lambton Shores, Ontario, N0M 1T0

MLS® Number : X9361442

6 Beds / 4 Baths / 10 Parking

Lot Front: 80 Feet / Lot Depth: 604 Feet

Description


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!

Extras


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Property Type

Detached

Neighbourhood

Grand Bend

Garage Spaces

10

Property Taxes

$ 4,738.81

Additional Details


Drive

Front Yard

Building


Bedrooms

6

Bathrooms

4

Utilities


Water

Municipal

Sewer

Septic

Features


Kitchen

3

Family Room

N

Basement

Full

Fireplace

Y

External Features


External Finish

Shingle

Property Features


Cooling And Heating


Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information


Days On Market

28 Days

Rooms

Metric

Imperial


RoomDimensionsFeatures
Kitchen12.76 X 13.62 ft
Dining12.86 X 14.14 ft
Living15.39 X 15.55 ft
Br11.71 X 13.52 ft
Bathroom9.71 X 13.52 ft
4 Pc Bath
2nd Br9.55 X 9.71 ft
Bathroom7.74 X 5.09 ft
2 Pc Bath
Combined W/Laundry

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