$649,900

For sale

8768 Park Street, Lambton Shores - Single Family for Sale

8768 Park Street, Lambton Shores, Ontario, N0N1J7

3 beds2 baths5 parking1,750 ft²115 × 140 ft (16,100 sq ft) lot sizeListed 77 days ago

Overview

This 3-bedroom, 2-bathroom home in Lambton Shores is for sale offering roughly 1,750 sq ft of space. Listed at $649,900, it is attractively priced about 15% below the $764,900 median asking price in Lambton Shores. It has been on the market 77 days, fresher than the Lambton Shores average of 98 days.

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Description

A very special lakeside retreat in highly sought-after Lake Valley Grove w/deeded beach access. Fully renovated w tons of well-organized storage, custom millwork & built-ins. Property features include: Steel roof, Heat pump-A/C w High efficiency gas furnace, Tankless water heater, Keyless entry (2), Maple hardwood floors (3/4"), Direct-vent gas fireplace, Large primary (~330sq.ft.) w walk-in closet, Whirlpools/s appliances w 5-burner gas cooktop/double ovens, Remote-controlled skylight, Eavestroughs/gutter-guards, Front veranda (~220 sq.ft.), Private rear sun-deck (~550 sq.ft.) w 12' remote/retractable awning, Tankless gas BBQ & large firepit, 2 storage sheds, Professional landscaping w natural grass driveway &easy-care perennial gardens. Enjoy some of the most spectacular Lake Huron sunsets Ontario's West Coast has to offer - this lovingly cared for lakeside charmer is move-in ready - Furniture/décor negotiable! Just minutes to Ipperwash Beach, Forest, Grand Bend and many 'destination' golf courses. 30 min to Bluewater Bridge. 40 min to London. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: X13699006
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 115 × 140 ft (16,100 sq ft)
Frontage: 115 ft
Storeys: 1
Basement: Crawl space
Heating: Heat Pump, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,941.97/yr
Listed

Rooms

Main level

Living room: 5.94 x 4.11 meters
Kitchen: 6.22 x 3.35 meters
Laundry room: 3.96 x 3.26 meters

Second level

Bedroom: 5.73 x 5.43 meters
Bedroom: 5.33 x 5.43 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Blinds
Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

77d

Lambton Shores listings, avg age

98d

Price / ft²

$371

List price

$650K

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 3-bed single family in Lambton Shores has been listed for 77 days, which is 21 days fresher than the city average of 98. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0N)

This home lists at $649,900, about 6.8× the local median household income of $96,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 32% 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)

$649,900· $371/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$245/mo

Total monthly$3,627

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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