Rare Opportunity - Three Homes - One Expansive Lot. Welcome to 223 Ontario Street in the heart of Grand Bend a truly exceptional property offering three separate residences on a 1.5-acre lot, all just a short walk from the towns vibrant Main Strip and backing directly onto a peaceful riverfront. Whether you're looking for a savvy investment, a short-term rental powerhouse, or the ultimate family compound, this unique offering has the flexibility to suit nearly any lifestyle or business plan. Ownership Ideas: 1. Live & Earn - Make one your primary and other two income-producing rentals. 2. Vacation Rental Potential - With Grand Bend's summer tourism booming, short-term rentals in this area can command as much as $1,000 per night in peak season (that's $3k per night!) 3. Multi-Generational Living- Bring the whole family under one expansive roof - or three - no need to sacrifice independence. 4. Take advantage of the property's potential to sever and maximize its value ---- Property Breakdown: House 1: 3 beds, 1 baths. House 2: 2 beds, 2 bath. House 3: Loft-style garage - 1 bed, 1 bath and can easily be converted back to a double bay garage for car enthusiasts or workshop hobbyists ---- Key Features: All homes are fully renovated with new HVAC systems (furnace, A/C, hot water tank), appliances, and laundry. Each property has its own septic system and is connected to town water. 2 hydro meters and 2 gas meters for easy management. Ample parking for 15+ vehicles. Direct access to a private river for kayaking, fishing, and more. Recent upgrades include new windows, electrical, and new flooring in both the front and middle houses. Located just a short walk from Grand Bend's iconic Main Strip, you're never far from shops, restaurants, entertainment, and the beach. This is small-town charm with big potential, and properties like this offering both size and proximity rarely become available. Words only go so far this is a property you need to experience to truly appreciate! (id:7434)
Property Attributes
ID#X12246397
Type Single Family
City Lambton Shores
Neighbourhood Grand Bend
Postal Code N0M 1T0
StyleBungalow
Price$ 1,050,000
Bedrooms 6
Bathrooms 3
Half Bathrooms 1
Sqr Footage1100
Data Source:
Canadian Real Estate Association (CREA)
Building Fireplace Present
True
Building Fireplace Total
1
Building Heating Type
Forced air
Building Heating Fuel
Natural gas
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Construction Style Attachment
Detached
ViewType
River view
Sewer
Septic System
Exterior Finish
Vinyl siding,Shingles