223 ONTARIO STREET S (ST), Lambton Shores (Grand Bend)

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: 3 beds, 1 bath. House 2: 2 beds, 2 baths. 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. **** EXTRAS **** All furnishings in House 1 (3 beds, 1 baths) - turn key rental (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

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