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Lambton Shores,ON N0N 1J2
Key Details
Property Type Single Family Home, Condo
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Lambton Shores
MLS Listing ID X12392536
Style 2-Storey
Bedrooms 7
Annual Tax Amount $2,900
Tax Year 2024
Property Sub-Type Detached
Property Description
I wanted to bring an exciting investment opportunity to your attention: a 7-bedroom cottage just a two-minute walk from the sandy shores of Ipperwash Beach. This property is an excellent income-generating asset, having grossed $62,000 in rental income last year. The price also includes a separate vacant lot located behind the property. The home is truly turn-key and ready to start making you money. Recent updates include a steel roof, furnace, and air conditioning. The exterior has been freshly painted, and a new large upper deck has been added. The property also boasts deeded access to the beach, which is just a short walk away. The cottage features 7 bedrooms, 2 bathrooms, and 2 kitchens, making it ideal for rentals. It comes equipped with 2 refrigerators, 2 stoves, a washer, and a dryer. All furnishings are negotiable. Its excellent location ensures it's easily rentable in all seasons.
Location
Province ON
County Lambton
Community Lambton Shores
Area Lambton
Rooms
Family Room No
Kitchen 2
Interior
Cooling Central Air
Exterior
Parking Features Private
Pool None
Waterfront Description Indirect
Roof Type Metal
Building
Foundation Block