$1,250,000
Available - For Sale
Listing ID: X9300267
21 Huron St , Lambton Shores, N0M 1T0, Ontario
| 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. |
| Price | $1,250,000 |
| Taxes: | $3979.00 |
| Assessment: | $336000 |
| Assessment Year: | 2023 |
| Address: | 21 Huron St , Lambton Shores, N0M 1T0, Ontario |
| Lot Size: | 81.12 x 38.98 (Feet) |
| Acreage: | < .50 |
| Directions/Cross Streets: | Huron at Centre |
| Rooms: | 14 |
| Bedrooms: | 6 |
| Bedrooms +: | |
| Kitchens: | 4 |
| Family Room: | Y |
| Basement: | Unfinished |
| Approximatly Age: | 51-99 |
| Property Type: | Fourplex |
| Style: | 1 1/2 Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 1500-2000 |
| Fireplace/Stove: | Y |
| Heat Source: | Other |
| Heat Type: | Water |
| Central Air Conditioning: | Wall Unit |
| Laundry Level: | Main |
| Elevator Lift: | N |
| Sewers: | Sewers |
| Water: | Municipal |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
| Utilities-Gas: | Y |
| Utilities-Telephone: | Y |
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| OLIVER & ASSOCIATES TRUDY & IAN BUSTARD REAL ESTATE |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Lambton |
| Municipality: | Lambton Shores |
| Neighbourhood: | Grand Bend |
| Style: | 1 1/2 Storey |
| Lot Size: | 81.12 x 38.98(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $3,979 |
| Beds: | 6 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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