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$725,000
Available - For Sale
Listing ID: X11953400
Youll find quiet comfort in this classic cottage in the heart of Grand Bend. The location can't be beat, just steps to downtown, the river, and the BEACH. This 3 bedroom year-round bungalow is adorable and available just in time to enjoy the warmer months that are coming. In summer, you can enjoy the main street (three houses away), or stay home and enjoy the patio, firepit, or CENTRAL AIR-CONDITIONING; in winter, stay cozy and enjoy the towns year-round amenities. The cottage has loads of recent upgrades, including an updated kitchen with all new appliances and countertops. Revamped laundry room with new washer and dryer. Updated bathroom with glass door shower, vanity, and toilet. New plumbing throughout, several new windows and light fixtures in the home. New fences, stairs and flower beds. Recently inspected oil burning furnace. Ample parking on-site and nearby, plus separate garage (with power) is large enough for a car, sea-doos, or beach gear, or for converting to a hangout spot. Stunning new flooring throughout, a combination of tile and oak imported from Bjelin, Sweden, laid in a herringbone pattern. This is craftsmanship at its best, and the inspiration behind the name Herringbone Cottage. This property is a successful Airbnb with a STR rental licence and has income potential for the investor. It comes turnkey with everything you need to make this your family cottage or to rent out immediately. As one guest says: If you are looking for a newly renovated, stylish, very clean and well located cottage in the heart of Grand Bend, look no further!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $36,250 $72,500 $108,750 $145,000
First Mortgage $688,750 $652,500 $616,250 $580,000
CMHC/GE $18,940.63 $13,050 $10,784.38 $0
Total Financing $707,690.63 $665,550 $627,034.38 $580,000
Monthly P&I $3,030.98 $2,850.5 $2,685.54 $2,484.1
Expenses $0 $0 $0 $0
Total Payment $3,030.98 $2,850.5 $2,685.54 $2,484.1
Income Required $113,661.9 $106,893.71 $100,707.74 $93,153.56

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY

8 Eilber Rd , Lambton Shores, N0M 1T0, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Lambton
Municipality: Lambton Shores
Neighbourhood: Grand Bend
Style: Bungalow
Lot Size: 62.78 x 66.58(Feet)
Approximate Age: 51-99
Tax: $2,897.3
Maintenance Fee: $0
Beds: 3
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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