The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
One of Lambton Shores' most unique and diversified properties! Whether you're a cottager, boater, entrepreneur, or someone looking to combine home, business, and recreation into one incredible property, this is a rare opportunity you won't want to miss. Work from home during the day, enjoy the river in the evening, and vacation every weekend without ever leaving your property. This charming year-round 3-bedroom bungalow is situated on a private double lot surrounded by mature trees, beautiful landscaping, a tranquil pond with a waterfall, and outstanding outdoor living spaces. A wrap-around front deck and spacious rear sun deck provide the perfect places to relax, with patio door access from both the front and rear of the home. Inside, you'll find a bright open-concept dining area flowing into the kitchen, a full-sized laundry room with direct access to the back deck, three generous bedrooms, a 4-piece bathroom, and an oversized living room featuring soaring wood ceilings, abundant natural light, and patio doors leading to the front porch. One bedroom also offers direct access to the rear deck. The true showpiece is the incredible heated 4-car shop, offering endless possibilities for hobbyists, collectors, tradespeople, or business owners. Above the shop is approximately 1,000 square feet of heated finished space ready for your imagination. Create a profitable Airbnb or guest suite, operate a home-based business, establish a professional office or studio, or design the ultimate craft room, fitness space, or entertainment area. The opportunities continue outside with two separate 15-foot boat slips, allowing you to spend your evenings fishing, boating, or enjoying spectacular sunsets on the river and nearby Lake Huron. As an added bonus, a separately severed building lot located directly behind the property is also available for purchase, providing even greater privacy and future investment potential. Book your showing today for this UNIQUE INCOME PROPERTY.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,754/mo
Mortgage (principal + interest)$2,543
Property taxFrom listing: $2,526/yr$211
Minimum $42,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$135,980
Ontario land transfer taxProvincial brackets, no first-time refund$10,073
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$148,853
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Lambton Shores has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
