Property Description for 223 ONTARIO STREET S
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:38686)
Tour this home
Property Details
Property Tax
: $4,739 (2024)MLS® #
: X9361442
Home Features
Property Type
: Single Family
Room Details
Partial Bathroom
: 1
Interior Features
Heating
: Forced air, Natural gasFireplace
: YesBasement
: Unfinished, Full
Utilities
Sewer
: Septic System
Other
Parking Features
: Covered, RVExterior Features
: Vinyl siding, Shingles
Similar Listings in Lambton Shores (Grand Bend)
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.