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Marlene Boyle

marlene@boyleteam.ca +1(905) 926-5554

$ 1,250,000

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Active

21 Huron ST Lambton Shores, ON N0M 1T0

6 Beds

4 Baths

UPDATED:

12/04/2024 03:46 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Lambton Shores

Subdivision Grand Bend

MLS Listing ID X9300267

Style 1 1/2 Storey

Bedrooms 6

Annual Tax Amount $3,979

Tax Year 2024

Property Description

INVESTORS! 4 cottage complex is situated just a block from the North Beach downtown and is a money maker! 98% occupancy with many repeat clients. The 3 bedroom includes the loft as 3rd bedroom, gas fireplace, cathedral ceiling, 4 piece bathroom with laundry and is the largest unit. The 2 bedroom unit with gas fireplace also includes a loft as a bedroom that kids love. The one bedroom is very cozy & a bachelor apartment are currently rented to year round excellent tenants. All units have appliances, a/c, bbqs, satellite TV, parking spots, 200 amps service & are fully furnished and winterized. A major renovation 18 years ago and more recently - new porches on 1, 2, & 3; replaced interior stairs in 2 & 3; new bathrooms in 2, 3, & bachelor; new kitchen in 2 & studio; upgraded insulation in basement; a new rental water heater/boiler! The boiler heats the two smaller units and is very efficient. Baseboard electric and gas fireplaces heat the larger units. This is a great investment opportunity. Utilities $8891. Rents $1600/1200/ weekly and similar pricing for winter tenants monthly. The two smaller units are $1000 all inclusive monthly.

Location

Province ON

County Lambton

Community Grand Bend

Area Lambton

Rooms

Family Room Yes

Basement Unfinished

Kitchen 4

Interior

Interior Features Storage

Cooling Wall Unit(s)

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Other

Exterior

Exterior Feature Deck, Year Round Living

Parking Features Front Yard Parking

Garage Spaces 4.0

Pool None

Waterfront Description WaterfrontCommunity

Roof Type Asphalt Shingle

Topography Flat

Lot Depth 38.98

Total Parking Spaces 4

Building

Foundation Concrete, Wood

Listed by OLIVER & ASSOCIATES TRUDY & IAN BUSTARD REAL ESTATE

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Contact Us

+1(905) 926-5554

marlene@boyleteam.ca