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$1,185,000
Available - For Sale
Listing ID: X11981951
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: 2 beds, 2 baths. House 2: 3 beds, 1 bath. 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!
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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 $62,950 $125,900 $188,850 $251,800
First Mortgage $1,196,050 $1,133,100 $1,070,150 $1,007,200
CMHC/GE $32,891.38 $22,662 $18,727.63 $0
Total Financing $1,228,941.38 $1,155,762 $1,088,877.63 $1,007,200
Monthly P&I $5,263.46 $4,950.04 $4,663.58 $4,313.76
Expenses $0 $0 $0 $0
Total Payment $5,263.46 $4,950.04 $4,663.58 $4,313.76
Income Required $197,379.77 $185,626.46 $174,884.19 $161,765.98

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.
CERTAINLI REALTY INC

223 Ontario Stre South , Lambton Shores, N0M 1T0, Lambton

Personal Picture
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: x 604.00(Feet)
Approximate Age: 51-99
Tax: $4,738.81
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: Y
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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