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Listed 4 months ago

70 Oak Street

Grand Bend, Lambton Shores

$998,000

Detached|1 1/2 Storey
3 | 1 | 2
About this home

Welcome to 70 Oak Street in Lambton Shores! This charming 3-bedroom, 1-bath home sits on a desirable corner lot on a quiet second-tier street, just steps to Lake Huron. Enjoy a relaxed lakeside lifestyle in a sought-after recreational area, ideal as a personal retreat, investment, or seasonal getaway. The home offers a functional layout with a cozy electric fireplace and is being sold fully furnished, making it truly move-in ready for immediate use or short-term rental potential. Close to beaches, parks, golf, and local amenities. A great opportunity to own an affordable Lake Huron getaway with strong rental appeal.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,083
Lot Size50.6 ft x 80 ft
mls© NumberX13489540
Listed ByRE/MAX REALTY SERVICES INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,108
Property tax
$257
Heat allowance
$150
Housing costs
$5,515 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,600
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$4,200 / mo
Cash down
$199,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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