7424 Lakeshore Road, Lambton Shores - Business for Sale
7424 Lakeshore Road, Lambton Shores, Ontario, N0N1J3
This business in Lambton Shores is for sale. It has been on the market 87 days, fresher than the Lambton Shores average of 98 days.
Description
High-yielding Turn-key hospitality investment minutes from Ipperwash Beach! Lakeside Motel features 9 upgraded guest suites plus 2 fully renovated apartments (1-bed and 2-bed with private hot tub). Extensive upgrades completed from 2023–2026 include parking lot drainage and gravel, concrete, new gym/game room, new furniture, 2026 window A/C units, upgraded bathrooms with epoxy showers, hot water tanks, keypads and a sand fire pit area. Solar panels connected to Hydro Net Metering help keep energy costs low. 6 seasonal RV sites fully serviced - township approval required for rental . Includes 3 washers/dryers, 2 storage hubs and 20+ parking spaces. Operating year-round with Airbnb, VRBO and direct booking systems in place. Ideally located near Ipperwash Beach, The Pinery, Grand Bend, golf, marinas and more. Reach out for financials and additional details. (id:66096)
Property Details
- MLS®
- 26019442
- Property Type
- Business
- Zoning
- C6
- Lot Size
- 34,238 sq ft (0.78 ac)
- Year Built
- 2002
- Heating
- Baseboard heaters, Forced air
- Cooling
- Window air conditioner
- Ownership
- Freehold
- Listed
- 87 days ago
Features
- Flooring
- Laminate, Ceramic/Porcelain
- Foundation
- Concrete
- Exterior
- Vinyl
Services
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 87 days on market, against an average age of 98 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 61 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Lambton Shores has been listed for 87 days, which is 11 days fresher than the city average of 98. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N0N)
This home lists at $999,900, about 10.4× the local median household income of $96,000.
Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 103% above the area median.
- Median household income
- $96,000
- Population
- 42,297
- Median age
- 45.2
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N0N)
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$999,900
Lambton Shores