76 Ontario St S, Lambton Shores, ON N0M 1T0

GRAND BEND VALUE ALERT - This cute little 2 bedroom forced air gas heated winterized bungalow with its oversized fenced-in and large private backyard will likely be the most affordable detached home within the Grand Bend town limits in 2021! This location, just a short walk down Lake Road to our stellar "South Beach", has only been used for residential purposes. So, it can be purchased as a single family home with a residential mortgage and no HST, but on the flipside, it comes with Lambton Shores C2 commercial zoning that allows for a variety uses and opportunities in the future. Maintain the residential use at the property and, with the current mortgage interest rates, you could easily own this house for LESS than you would pay to rent a small condo just up the street. Or, run your business from home with full signage in a highly visible area! Better yet, wait and see how you can capitalize on the recent arrival of extensive commercial investment in the downtown area coupled with a considerable increase in residential property value that does not appear to be slowing any time soon. You simply can't go wrong in this price range in Grand Bend. Yes, the property could use a bit of TLC, but the building itself is rock solid - a definitive example of the phrase 'good bones'. And while new finishing is likely in order, a quick cleaning & a paint job will go a long way with this list of benefits: full cedar siding just waiting for new stain, shingles new in 2014, gas furnace, modern thermal pane windows (all good seals!), great walk-up basement for storage or a workshop, etc. all on a much larger lot than the ones selling for over $300K in the village. ONLY VIRTUAL APPOINTMENTS ARE AVAILABLE. The house cannot be shown in person due to health concerns of the tenants. Tenants will vacate on 60 days notice from the 1st of a month for buyers moving into the home. Home will be bought interior unseen, AS-IS, WHERE-IS with no representations or warranties.