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$975,000
Available - For Sale
Listing ID: X11981955
INVESTOR ALERT! Discover value in the Grand Bend area - 2 FULLY FURNISHED HOMES ON LARGE LAKEVIEW LOT WITH NON PUBLIC BEACH ACCESS AND A BASKETBALL COURT. This exceptional property is ideal for Investors or large families seeking a lakefront lifestyle with potential of side rental income. **Rental breakdown below** The 2 properties include a winterized 2 bedroom house (which is currently registered as along term rental) and the second property is a 3 bedroom cottage (registered as a short term rental). Both properties total 5 bedrooms, 2 full bathrooms, 2 kitchens, an outdoor shower, and a full basketball court. Recent renovations have ensured both houses are in excellent condition,featuring lifetime steel roofs and fully furnished interiors. Each home has separate spaces for parking, firepit areas, and lakeview/sunset zones.With separate hydro meters and addresses (73071 & 73075 Ducharme Beach Rd), the property offers versatile options for use, such as income generation or family use. The distance from the southern cottage's front door to the expansive non public sandy beach is just 145 feet, which is closer than many lakefront homeowners in the region. This is particularly noteworthy given recent high water levels in the Great Lakes have diminished beaches for many properties between Grand Bend and Bayfield. However, the Ducharme Beach area has consistently maintained its beach through various high water cycles. Enjoy the secluded beach while remaining conveniently close to the amenities of Grand Bend and Bayfield. **Rental Income Breakdown: May-Oct: Between $3k-3500 per week for both. Oct-March: During off-season $2k per building per month,so a total of $4k. Don't miss your chance to view and book 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 $48,750 $97,500 $146,250 $195,000
First Mortgage $926,250 $877,500 $828,750 $780,000
CMHC/GE $25,471.88 $17,550 $14,503.13 $0
Total Financing $951,721.88 $895,050 $843,253.13 $780,000
Monthly P&I $4,076.15 $3,833.43 $3,611.59 $3,340.68
Expenses $0 $0 $0 $0
Total Payment $4,076.15 $3,833.43 $3,611.59 $3,340.68
Income Required $152,855.66 $143,753.62 $135,434.54 $125,275.48

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

73075 Ducharme Beach Road , Bluewater, N0M 2T0, Huron

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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: Huron
Municipality: Bluewater
Neighbourhood: Hay
Style: Bungalow
Lot Size: x 87.00(Feet)
Approximate Age:
Tax: $3,224
Maintenance Fee: $0
Beds: 5
Baths: 2
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

  Email Us

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

 

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