50 Hill Street, Lambton Shores, ON

$899,900
MLS#:X9238211
4 beds
2 baths
1500-2000 sqft
9.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Grand Bend. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $899,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 78.66 x 80 ft lot
  • Features a ["partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with ["wall unit(s)"] central cooling and highly efficient heat pump heating via electric

1 ROW OFF BEACH/LAKEFRONT IN GRAND BEND VILLAGE SECTOR | LAKE VIEW FROM PROPERTY | DOUBLE LOT: EASY POTENTIAL FOR A 2nd DEVELOPABLE PARCEL | LAKEFRONT PROXIMITY TO BEACH W/O THE LAKEFRONT PRICETAG / 1.5 MINUTE WALK TO SHORELINE! Here's the one you've been waiting for - exceptional investment potential as a legacy property for your family w/ an easy severance. However, even w/o the 2nd lot*, this price is extremely attractive as this rock solid 4 bedroom/2 bathroom beach house is ready to go on Day 1. In other words, the value of the additional lot is simply added security & investment potential for buyers, as this genuine & nostalgic Grand Bend gem of a cottage can still provide years of family memories until the decision is made to grow into the 2nd lot* or sell it to finance a brand new luxury 4 season home on the 1st lot. Case in point, until then, or for decades to come, this property will serve you well. This means, fundamentally, you're getting the double-lot attribute for FREE! What a deal, and the house itself has just been re-finished, featuring modern amenities & design while still maintaining the original cottage atmosphere, including perfectly preserved original awning style windows, a gorgeous feature. And w/ 4 bedrooms, 2 bathrooms, an open-concept dining/living area w/ gas fireplace, the perfect sunroom, a respectable kitchen, modern electrical service w/ breaker board, a new LAKE VIEW pergola deck (yes, you CAN see the lake from this property), & tons of parking; all of which is literally 450 FT from the 3rd best beach in Canada; this is a spectacular alternative to lakefront properties in this area. Enjoy the benefit of lakefront beach proximity w/o the big price tag! All in all, this an unbeatable deal in Grand Bend if you want to be close to beach & get into a property w/ strong investment potential. *Historical configuration of this property is as 2 separate parcels (see photo 36), so Lambton has confirmed support for going back to 2 lots.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 13, 2024
Sold price information is available to members only
Listed Date8/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
Lot Size78.66 × 80 Feet
CountyLambton
Annual Tax$3,672
Legal DescriptionW1/2 LT 318-319 PL 24 STEPHEN T/W L251572; LAMBTON SHORES

Parking & Garage

Parking Spaces9.0
Garage Spaces9
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
Cooling["Wall Unit(s)"]

Features

Property Features

Lake Access, Beach, Cul de Sac/Dead End, Marina

Community Features

Location

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50 Hill Street, Lambton Shores, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 50 Hill Street, Lambton Shores, ON N0M 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$719,920
Monthly Mortgage$4,183
Property Tax (Est.)$306
Utilities & Maint.$350
Total Monthly Cost$4,839

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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50 Hill Street, Lambton Shores - 4 Bed 2 Bath Home For Sale | MLS# X9238211 | ZooZaa | ZooZaa Real Estate