223 Ontario ST S Active Save Request In-Person Tour Request Virtual Tour
Lambton Shores,ON N0M 1T0
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9361442
Style Bungalow
Bedrooms 6
Annual Tax Amount $4,738
Tax Year 2023
Lot Size 0.500 Acres
Property 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!
Location
Province ON
County Lambton
Rooms
Family Room No
Basement Full,Unfinished
Kitchen 3
Interior
Interior Features Water Heater Owned,Primary Bedroom - Main Floor,Storage,Water Meter
Cooling Central Air
Fireplace Yes
Exterior
Exterior Feature Privacy,Year Round Living,Fishing
Garage Covered,Front Yard Parking,RV/Truck,Private Triple,Other
Garage Spaces 10.0
Pool None
Waterfront No
Waterfront Description Indirect
View River,Trees/Woods
Roof Type Asphalt Shingle
Topography Flat,Wooded/Treed
Building
Foundation Concrete