223 ONTARIO STREET S, Lambton Shores (Grand Bend) FOR SALE

Brokered by: CERTAINLI REALTY INC.

MLS® ID: X9004492 (Freehold) For sale

Price: $1,300,000.00

Address: 223 ONTARIO STREET S, Lambton Shores (Grand Bend)
Postal Code: N0M1T0
Style: Detached Bungalow
Type: Single Family House
Bedrooms: 6
Bathrooms: 4 / 1
Bedrooms Aboveground:  6
Garage: Covered
Lot Size:   80 ft x 604 ft
Property Size:  80 x 604 FT
Stories:  1


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 No.1: Short Term Rentals. Approx. $1000 a night to rent the property in peak season. Option No.2: Mortgage Helper. Make one property your primary residence and rent out the other 2 properties. Option No.3: Make this your primary residence ready to entertain large gatherings. Option No.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:56071)

Appliances:  Water Heater, Water meter
Features:  Wooded area, Flat site
Rental Equipment:  
Fireplace Total:  1
Directions:  Main St E
Zoning Description:  R6
View:  River view
Community Features:  Fishing
Lot:  80 x 604 FT|1/2 - 1.99 acres 80 x 604 FT
Exterior Finish:  Vinyl siding, Shingles
Water:  Municipal water, Septic System
Heating / Cooling:   Natural gas / Central air conditioning
Age: 
Foundation: Concrete
Basement:  Full (Unfinished) Unfinished

Rooms & Sizes

 Kitchen Main level 3.89 m x 4.15 m  Dining room Main level 3.92 m x 4.31 m  Living room Main level 4.69 m x 4.74 m
 Bedroom Main level 3.57 m x 4.12 m  Bathroom Main level 2.96 m x 4.12 m  Bedroom 2 Main level 2.91 m x 2.96 m
 Bathroom Main level 2.36 m x 1.55 m    

Contact Us! For More Information or Schedule a Showing.

JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.