27 Hill Street, Lambton Shores (Grand Bend), Ontario, N0M1T0




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$1,449,000
Lambton Shores
This multi-family property in Lambton Shores is for sale offering roughly 1,750 sq ft of space. It has been on the market 70 days, fresher than the Lambton Shores average of 97 days.
Grand Bend Income/Investment property. One row back from Grand Bends North Beach. This one floor 3 unit Triplex is fully rented (long term tenants)and situated on a 120' lot. 2x2 bedroom units and 1x1 bedroom unit. Tenants pay hydro, Each unit has individual heat control. Shared coin laundry plus a lower level auxiliary suite for guests. Ideal location, Development potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 70 days on market, against an average age of 97 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 5-bed multi-family in Lambton Shores (Grand Bend) has been listed for 70 days, which is 27 days fresher than the city average of 97. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,449,000, about 15.9× the local median household income of $91,000.
Carrying it typically needs a household income of about $283,040 (20% down, 25-yr amortization, stress-tested) — roughly 211% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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