223 ONTARIO STREET S

Single Family For Sale in Lambton Shores (grand Bend), Ontario

$1,250,000
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! (id:4069)
Address 223 ONTARIO STREET S
List Price $1,250,000
Property Type Single Family
Type of Dwelling House
Style of Home Bungalow
Area Ontario
Sub-Area Lambton Shores (grand Bend)
Bedrooms 6
Bathrooms 4
Lot Size 80 x 604 FT Sq. Ft.
MLS® Number X9361442
Listing Brokerage CERTAINLI REALTY INC.
Basement Area Full (Unfinished)
Postal Code N0M1T0
Zoning R6
Site Influences View
Features Wooded area, Flat site

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Wayne Barker

Street City Realty

519 York St London ON N6B 1R4

Mobile: 519 281 6890

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