$569,000
Available - For Sale
Listing ID: X12941284
16 Ontario Street North , Lambton Shores, N0M 1T0, Lambton
| Prime opportunity for development in the heart of Grand Bend. Ideally positioned in one of Ontario's best beachside communities. Located along the Hwy 21 corridor with C2 commercial zoning, 41.25 feet of frontage and over 200' of depth this property presents an exceptional investment for entrepreneurs, developers, or investors looking to capitalize and be part of Grand Bend's future growth. The property features a converted dwelling offering two separate 2-bedroom 1 bathroom residential units with shared laundry facilities. Both units are currently leased month to month. The front unit has updated flooring, kitchen and bathroom while the second unit needs the handyman touch. The current residential use helps investors plan for the future of the property and creates a balanced investment with immediate cash flow and long-term upside. This is an attractive site for redevelopment potential with great exposure to year round traffic, growing year round population and high volume of summer tourism to the area. Located across the street from the newly renovated Colonial Hotel & Event space plus the newly redesigned commercial 4 plex. Just steps to the sandy beaches of Lake Huron, Main Street, local shops, restaurants and all that Grand Bend has to offer. This property sits in a high-demand area with limited availability of comparable opportunities. Looking for more space, the property next door is also available to create a parcel with 90 feet of frontage to realize your larger development options! |
| Price | $569,000 |
| Taxes: | $2328.00 |
| Occupancy: | Tenant |
| Address: | 16 Ontario Street North , Lambton Shores, N0M 1T0, Lambton |
| Acreage: | < .50 |
| Directions/Cross Streets: | Main St and Ontario ST |
| Rooms: | 12 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Partial Base, Crawl Space |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 13.58 | 15.97 | Laminate, Granite Counters |
| Room 2 | Main | Living Ro | 16.79 | 11.78 | Laminate |
| Room 3 | Main | Bedroom | 10.99 | 10.2 | Laminate |
| Room 4 | Main | Bedroom | 10.99 | 7.87 | Laminate |
| Room 5 | Main | Bathroom | 6.79 | 6.07 | 4 Pc Bath, Tile Floor |
| Room 6 | Main | Kitchen | 13.19 | 13.61 | Laminate, Granite Counters |
| Room 7 | Main | Living Ro | 21.98 | 10.69 | Laminate |
| Room 8 | Main | Dining Ro | 8.2 | 8.2 | Laminate |
| Room 9 | Main | Bathroom | 8.2 | 6.3 | Tile Floor, 3 Pc Bath |
| Room 10 | Second | Bedroom | 8.89 | 11.28 | Laminate |
| Room 11 | Second | Bedroom | 8.99 | 8.99 | Laminate |
| Room 12 | Second | Den | 15.68 | 9.28 | Laminate |
| Room 13 | Main | Laundry | 21.98 | 5.48 | Laminate |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Detached |
| Style: | 1 1/2 Storey |
| Exterior: | Aluminum Siding, Concrete Block |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Out Buildings |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Beach, Lake/Pond |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
$
%
Years
This calculator 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. |
| RE/MAX BLUEWATER REALTY INC. |
|
|
Nikki Shahebrahim
Broker
Dir:
647-830-7200
Bus:
905-597-0800
Fax:
905-597-0868
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Detached |
| Area: | Lambton |
| Municipality: | Lambton Shores |
| Neighbourhood: | Grand Bend |
| Style: | 1 1/2 Storey |
| Approximate Age: | 51-99 |
| Tax: | $2,328 |
| Beds: | 4 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
