4 Beds 2 Bath

16 Ontario Street N, Lambton Shores, ON N0M 1T0

Lambton Shores N0M 1T0 Ontario

MLS: X12941284

$569,000

Added 1 hour ago | For Sale

Listed by: RE/MAX BLUEWATER REALTY INC.

About Property

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!

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 41.25 X 207.5
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Main St and Ontario ST
  • Basement:Partial Basement,Crawl Space , Partial Basement,Crawl Space
  • Possession Date:flexiable
  • Annual Property taxes: $2328
  • Bedrooms:4
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12941284

Level Type Features Dimensions
Main Kitchen Laminate, Granite Counters 13 ft, 7 in x 16 ft
Living Room Laminate 16 ft, 10 in x 11 ft, 9 in
Bedroom Laminate 11 ft x 10 ft, 2 in
Bedroom Laminate 11 ft x 7 ft, 10 in
Bathroom 4 Pc Bath, Tile Floor 6 ft, 9 in x 6 ft, 1 in
Kitchen Laminate, Granite Counters 13 ft, 2 in x 13 ft, 7 in
Living Room Laminate 22 ft x 10 ft, 8 in
Dining Room Laminate 8 ft, 2 in x 8 ft, 2 in
Bathroom Tile Floor, 3 Pc Bath 8 ft, 2 in x 6 ft, 4 in
Laundry Laminate 22 ft x 5 ft, 6 in
Second Bedroom Laminate 8 ft, 11 in x 11 ft, 3 in
Bedroom Laminate 9 ft x 9 ft
Den Laminate 15 ft, 8 in x 9 ft, 3 in

No property rooms available.

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