Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Port Franks. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 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.
UNREAL VALUE - TWO HOMES FOR THE PRICE OF ONE! 2200 SQ FT GUEST HOUSE. An exceptional and rare opportunity in beautiful Port Franks. This stunning year-round property features two fully detached homes on one lot with water views directly across from the Port Franks Marina. Just a short walk to the beach, you'll enjoy easy access to sandy shores and breathtaking sunsets all year long. The main home offers 4 bedrooms and 2 bathrooms, providing spacious and comfortable living for family and guests. At the rear of the property sits a fully legal 2-bedroom guest house, positioned above a 1,000 sq ft insulated and heated shop, creating an incredibly versatile space for hobbies, storage, or a home business. Between the two homes, this property offers over 2,800 sq ft of heated living space, plus a bonus 3-room man cave, making it far larger than it first appears. Extensively upgraded throughout, improvements include floors, roof, paint, bathrooms, insulation, windows, and central air, along with 200 amp hydro service with a separate 100 amp panel servicing the guest house and shop. The rear guest apartment is currently rented for $1,500/month, providing an immediate mortgage helper or steady investment income. Whether you're looking for a family compound, year-round home, vacation property, or turnkey furnished rental investment, this property offers tremendous flexibility and outstanding value.
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Accessory Apartment, Central Vacuum
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Data-driven valuation for 7575 Biddulph Street, Lambton Shores, ON N0M 2L0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lambton Shores.
About Purchasing a Home in Lambton Shores, ON
For a property listed at $599,900 in Lambton Shores, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.