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$349,990
Lambton Shores
#104 8 Lake Road, Lambton Shores (Grand Bend), Ontario, N0M1T0
This 2-bedroom, 1-bathroom condo in Lambton Shores is for sale offering roughly 950 sq ft of space. Listed at $349,990, it is attractively priced about 18% below the $424,900 median asking price in Lambton Shores. It has been on the market 13 days, fresher than the Lambton Shores average of 98 days.
Bright and updated 2 bedroom ground floor condo unit located in desirable Old Orchard Park. This well positioned condo is located just a 5 minute walk from Grand Bend's South Beach, downtown shops & amenities, and steps from river access to Ausable Channel. The layout includes a galley kitchen that transitions into the bright dining area, a living room with access to the private outdoor patio, and a very large primary bedroom, which all benefit from an abundance of morning sunlight. On site amenities include a heated saltwater pool, clubhouse, library, workshop, bike storage, barbeque access, and green space with river access. The building also offers secured access, 1 designated parking spot, free in building laundry, and visitor parking. Low condo fees of just $350/month, an inviting floorplan, ample storage, numerous amenities, and a fantastic location make this a great opportunity for down sizers and those hoping to enjoy all that Grand Bend has to offer year round. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 13 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 2-bed single family in Lambton Shores (Grand Bend) has been listed for 13 days, which is 85 days fresher than the city average of 98. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $349,990, about 3.8× the local median household income of $91,000.
Carrying it typically needs a household income of about $68,365 (20% down, 25-yr amortization, stress-tested) — within reach of 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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