10305 Riverside Drive, Lambton Shores, ON

$1,399,900
MLS#:X8420948
5 beds
3 baths
3500-5000 sqft
8.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Grand Bend. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $1,399,900 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 93.62 x 188 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Countertop Range, Central Vacuum
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Southcott Pines custom built & first time offered for sale this impressive executive ranch is nestled on a picturesque private lot backing onto the Old Ausable Channel. A spacious foyer welcomes you to a massive bright two storey great room with a two sided stone fireplace shared by the spacious den with built in cabinetry and 3 skylights. The formal dining area is set to one side of the foyer with the office/bedroom, powder room and laundry room on the other. The kitchen boasts a new island counter and cook top with down draft, new built in oven with air fryer, tons of cupboards and desk area. Both the great room and kitchen open onto the brand new glass railing deck with gas line for a fire pit and BBQ. A large primary bedroom with ensuite is purposefully located for maximum privacy. Downstairs boasts heated floors & 9 ft. ceiling, a walkout from the bar area, huge family room, 3 very large bedrooms & bathroom. The storage area and cold cellar provide lots of extra room. This home has been impeccably maintained. Close proximity to downtown and the deeded beach access. Riverside Drive is one of the premier streets in the heart of Southcott Pines and this lot enjoys sun all day! Walking trails and The Channel for canoeing in the summer, skating in the winter is accessed right from your back yard. Annual membership includes club house amenities, brush & leaf pickup, optional snow ploughing extra. This lovely one-of-a-kind home rarely found in our area must be seen!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 9, 2024
Sold price information is available to members only
Listed Date6/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBoard & Batten
BasementFinished with Walk-Out
Lot Size93.62 × 188 Feet
CountyLambton
Annual Tax$5,843
Legal DescriptionLT 3 PL 588 T/W L864859; LAMBTON SHORES

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned, Countertop Range, Central Vacuum, Built-In Oven, Primary Bedroom - Main Floor, On Demand Water Heater, Auto Garage Door Remote, Air Exchanger

Security Features

Community Features

Location

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10305 Riverside Drive, Lambton Shores, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 10305 Riverside Drive, 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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lambton Shores.

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Interest Rate5.25%
Down Payment$279,980 (20.0%)
* Minimum Canadian down payment required for this price is $279,980.
Amortization Period25 Years
Estimated Monthly Payment$6,674Based on a loan of $1,119,920 over 25 years.
Purchase Price$1,399,900
Loan Amount$1,119,920
Provincial Land Transfer Tax:$24,473
Total Estimated Closing Taxes:$24,473

About Purchasing a Home in Lambton Shores, ON

For a property listed at $1,399,900 in Lambton Shores, the legal minimum down payment is $279,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,473 for this transaction. As this listing is in Lambton Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $24,473.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Grand Bend, Lambton Shores.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,010,980

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.