$199,000

For sale

9906 LAKE Road, Lambton Shores - Single Family for Sale

9906 LAKE Road, Lambton Shores, Ontario, N0N1J1

3 beds1 bath55 × 100 ft (5,500 sq ft) lot sizeListed 28 days ago

Overview

This 3-bedroom, 1-bathroom home in Lambton Shores is for sale. It has been on the market 28 days, fresher than the Lambton Shores average of 99 days.

Houses for Sale in Lambton Shores →All real estate in Lambton Shores →

Description

Welcome to Ipperwash Beach! This charming three-bedroom, one-bath property has been lovingly owned and enjoyed by the same family since 1972. Exceptionally well-maintained and fully insulated- including generous ceiling insulation- it offers comfortable year-round living or the perfect summer retreat. Large windows fill the home with natural light, while the private backyard, backing onto a wooded area, provides a peaceful place to relax and enjoy nature. A garden shed offers convenient additional storage. Best of all, this cottage will be left furnished, making it easy for the new owners to move in and start enjoying it right away. Ideally located across the road from the magnificent sunsets of Lake Huron. This special property is ready for a new family to make lasting memories of their own. (id:66096)

Property Details

MLS®: 26022886
Property Type: Single Family
Zoning: RES
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Lot Size: 55 × 100 ft (5,500 sq ft)
Storeys: 1
Style: Bungalow
Heating: Forced air, Propane, Furnace
Waterfront: Yes
Ownership: Leasehold
Listed: 28 days ago

Rooms

Main level

3pc Bathroom
Bedroom: 9 x 8
Bedroom: 9.01 x 7.11
Bedroom: 9.09 x 8
Den: 23.05 x 9.08
Sunroom: 11.07 x 9.08
Living room: 21.10 x 15.03
Kitchen: 12.01 x 11.09

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

Features

Appliances: Refrigerator, Stove
Flooring: Hardwood, Carpeted
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Gravel Driveway, Side Driveway

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Lambton Shores listings, avg age

99d

List price

$199K

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 28 days, which is 71 days fresher than the city average of 99. Act while there is still low competition.

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Listed by EXP REALTY, BROKERAGE · ANGIE LICHTY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0N)

This home lists at $199,000, about 2.1× the local median household income of $96,000.

Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$199,000

For sale

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Full Cost Breakdown

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Down Payment5% · $9,950

Min 5%50%

Mortgage payment$1,048/mo

↳ CMHC premium ($7,562 capitalized)

Est. property tax$166/mo

Total monthly$1,214

Cash Needed to Close

Down payment (5%)$9,950

Land transfer tax$1,715

Est. closing costs$3,097

Total cash needed$14,762

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