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Listed 2 months ago

263 Ontario Street S

Grand Bend, Lambton Shores

$710,000

Detached|Bungalow
2 | 1 | 8
About this home

Charming 2-bedroom cottage nestled on a massive, treed lot with an updated kitchen and endless opportunities to enjoy nature. Whether you're looking for a peaceful year-round residence or the perfect getaway from the city, this cozy home offers comfort from the moment you arrive. Relax with your favourite book in the inviting living room or step outside to your deck to enjoy the serenity of your private, fully fenced backyard. Let your dogs roam freely while you gather with family and friends around the firepit. The property also features convenient backyard gate access, providing space to park a boat or camper or both, while multiple parking spots are available at the front of the home. Explore the mature trees that extend to the scenic Old Ausable Channel, or take advantage of the property's excellent location-just a short walk or bike ride to Grand Bend's shops, restaurants, and amenities. Nearby bike paths connect you to the Grand Bend Flea Market and the beautiful Pinery Provincial Park. The lower level offers exciting potential for additional living space, including a future family room and bedroom, and features direct access to the backyard. This unique property combines privacy, convenience, and the charm of cottage living in one exceptional package.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,603
Lot Size80 ft x 524 ft
mls© NumberX13677716
Listed ByRE/MAX ADVANTAGE REALTY LTD.

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%
$3,634
Property tax
$300
Heat allowance
$150
Housing costs
$4,084 / mo

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

Down payment20% · $142,000
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,988 / mo
Cash down
$142,000

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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