$1,345,000

For sale

42 Lakeside Circle, Lambton Shores (Grand Bend) - Single Family for Sale

42 Lakeside Circle, Lambton Shores (Grand Bend), Ontario, N0M1T0

4 beds4 baths8 parking1,750 ft²73 × 56 ft (4,088 sq ft) lot sizeListed 49 days ago

Overview

This 4-bedroom, 4-bathroom home in Lambton Shores is for sale offering roughly 1,750 sq ft of space. It has been on the market 49 days, fresher than the Lambton Shores average of 98 days.

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Description

GRAND BEND LAKEFRONT BENEFITS W/O THE LAKEFRONT PRICETAG | A VERITABLE CORNUCOPIA OF BRAND NEW UPGRADES | LIKE A NEW HOME | VIEWS OF LAKE HURON & SUNSETS FROM ROOFTOP TERRACE | HEATED FLOORS THROUGHOUT HOME | 100% TURNKEY W/ EVERYTHING INCLUDED AS IF YOU'RE WALKING INTO A HOTEL / PREMIUM RENTAL | 2 MIN WALK TO MAIN BEACH! The monumental list of 2025 upgrades is unrivalled save for similar newly built 4 level homes priced at a 25% premium but w/o the same lake views or stellar location of this 4+1 bedroom/4 bath gem in the sought after Gibbs Park enclave - a genuine secret spot, close to everything while still offering a respectable level of peace & serenity. The new '25 exterior invites you into the fabulously upgraded interior w/ soaring post & beamed knotty pine ceilings extending 3 levels up w/ breathtaking views from upper catwalks of the amazing primary open-concept living area w/ updated kitchen counters & brand new appliances just beyond the main level bedroom & bathroom. This young home boasts the perfect blend of rustic framing & modern lines w/ excellent fixtures like the 3-sided glass gas fireplace, brand shiplap lower ceilings & California shutters throughout. Upstairs, you get 2 more large bedrooms w/ ensuite access to a 4 pc bath w/ soaker tub & 1 w/ a walk-in closet + laundry. Downstairs; w/ its obvious potential to be a separate unit; you get a family room (5th bed), 4th bedroom, full bath, cold room (ideal wine cellar), & an insulated garage/workshop (ideal kitchen/dining space for addtl unit). All 3 levels have w/ in-floor heat, fostering comfortable living w/ low utility billing! However, it's the rooftop level that sets this home apart w/ a 3 season living space/crash pad (6th bed), bathroom, & the uncovered rooftop sundeck perched above your neighbors w/ lake & sunset views, & the 200 AMP service allows for a rooftop hot tub! All this, & it comes turnkey/fully furnished & equipped for rental or immediate family enjoyment! (id:66096)

Property Details

MLS®: X13792558
Property Type: Single Family
Zoning: R4 Lambton Shores
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 2
Parking: 8
Interior Size: 1,750 ft²
Lot Size: 73 × 56 ft (4,088 sq ft)
Frontage: 73 ft
Storeys: 3
Basement: Partially finished, Full
Heating: Radiant heat, Natural gas
Cooling: Air exchanger, Wall unit
Garage: Garage
Fireplace: Yes
Ownership

Rooms

Main level

Foyer: 1.03 x 2.61 meters
Bathroom: 1.67 x 1.43 meters
Living room: 3.46 x 3.91 meters
Dining room: 3.46 x 3.91 meters
Kitchen: 3.4 x 5.15 meters
Bedroom: 3.31 x 3.08 meters

Lower level

Cold room: 2.6 x 1 meters
Bathroom: 3.11 x 1.4 meters
Bedroom: 2.4 x 3.71 meters
Recreational, Games room: 3.94 x 5.57 meters

Features

Appliances: All, Garage door opener remote(s), Water Heater
Foundation: Wood
Exterior: Hardboard
Lot Features: Cul-de-sac, Flat site, Lighting, Dry

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Lambton Shores (Grand Bend) listings, avg age

98d

Price / ft²

$769

List price

$1.34M

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.

Haho

This 4-bed single family in Lambton Shores (Grand Bend) has been listed for 49 days, which is 49 days fresher than the city average of 98. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · MIKE SLOAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0M)

This home lists at $1,345,000, about 14.8× the local median household income of $91,000.

Carrying it typically needs a household income of about $262,726 (20% down, 25-yr amortization, stress-tested) — roughly 189% above the area median.

Median household income: $91,000
Population: 69,177
Median age: 46
Owner / renter: 82% / 18%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N0M)

$1,345,000· $769/ft²

For sale

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Full Cost Breakdown

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Down Payment8.14% · $109,500

Min 8.14%50%

Mortgage payment$6,850/mo

↳ CMHC premium ($49,420 capitalized)

Property tax (est.)$395/mo

Total monthly$7,245

Cash Needed to Close

Down payment (8.14%)$109,500

Land transfer tax$23,375

Est. closing costs$6,535

Total cash needed$139,410

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice