223 ONTARIO STREET S, Lambton Shores, Ontario N0M 1T0
$1,250,000.00
- 6 bedrooms
- 4 bathrooms
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: ... read more
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:25417)
- Listing ID: X9361442
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 80 by 604 FT|1/2 - 1.99 Acres |
| Parking: | Covered 10 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Water Meter and Water Heater |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Vinyl Siding and Shingles |
| Basement: | Full (Unfinished) |
| Utilities: | Septic System |
| Location | |
|---|---|
| Municipality: | Lambton Shores |
| Province: | Ontario |
| Nearby Amenities: | Fishing |
| Rooms | Level | Dimensions |
|---|---|---|
| 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 |
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