10 Lake Road, Unit 2, Lambton Shores, ON

$349,900
MLS#:X11910905
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
10 Lake Road 202, Lambton Shores, ON N0M 1T0
⚠️

Property no longer active

This property was sold on February 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Grand Bend. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $349,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • Features a full, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Storage, Storage Area Lockers, Water Heater Owned
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

GRAND BEND CONDO LIFE STEPS TO SOUTH BEACH | END UNIT FACING WOODS | HEATED SALT WATER POOL | HUGE YARD w/ GARDENS/CAMP FIRE AREA | RIVER ACCESS TO AUSABLE CHANNEL | CLUBHOUSE w/ WORKSHOP! Live affordably by the beach in the booming town of Grand Bend, ON w/ this 2 bedroom / 2 bathroom condo. This PREMIUM END-UNIT w/ private balcony facing mature trees has JUST BEEN RENOVATED at the end of 2024 (new kitchen, new bathrooms, lighting, etc.) & the corner-unit location fosters excellent privacy with stellar views of the grounds w/ this unit located away from the parking lot/roadside & facing green space to the west. As a 4-season getaway, this is an ideal alternative to the higher-priced detached homes or cottages in the area given it's friendly price range for 2nd home buyers. Of course, it's also a great spot to retire in the sun at the pool & beach steps from your fully accessible front door just a few strides from the elevator / ent. ramp & this location provides many fantastic extras! Max bang for your buck at Old Orchard Park includes: heated salt water pool, roomy clubhouse for family gatherings/gaming, community workshop, FREE LAUNDRY, locker storage, bike storage, & large yards/green spaces featuring vegetable gardens, a camp fire area, some of the best landscaping in town, & private river access for fishing & canoeing on the Ausable Channel (condo owns 82' of river frontage)! On top of the super short walk to Grand Bend's less crowded & breathtaking South Beach located right at the end of Lake Road (just a 4 min stroll from the pool for top 10 sunsets on the daily), you're also a short walk to all of Grand Bend's convenient downtown amenities. Book a visit today to experience why this spot is one of the best kept secrets in town. With your condo fees at $390/month INCLUDING WATER/SEWER+prop taxes at $1611 & utilities not even $1000/yr, & with the condo corp. taking care of all the maintenance, this is easy affordable living in GB! No dogs or short term rentals

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Property Summary

This condo apartment located at 10 Lake Road, Lambton Shores is currently for sale and has been available on SousaSells for 576 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 10 Lake Road, Lambton Shores is in the Grand Bend neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Grand Bend, Lambton Shores.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 900-999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Lambton Shores.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 5, 2025
Sold price information is available to members only
Listed Date1/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementFull, Walk-Up
CountyLambton
Annual Tax$1,611

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

  • Beach
  • Lake Access
  • River/Stream
  • School Bus Route
  • Wooded/Treed
  • Waterfront

Interior Features

  • Storage
  • Storage Area Lockers
  • Water Heater Owned

Security Features

  • Smoke Detector
  • Carbon Monoxide Detectors

Community Features

None listed

Frequently Asked Questions about 10 Lake Road, Unit 2, Lambton Shores, ON

Q.What is the asking price for 10 Lake Road, Unit 2, Lambton Shores, ON ?

The current listing price for 10 Lake Road, Unit 2, Lambton Shores, ON in Grand Bend, Lambton Shores is $349,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 900-999 sqft.

Q.What property type and architectural style is 10 Lake Road, Unit 2, Lambton Shores, ON ?

10 Lake Road, Unit 2, Lambton Shores, ON is a Condo Apartment (Apartment) featuring a Full, Walk-Up basement.

Q.What key property features does 10 Lake Road, Unit 2, Lambton Shores, ON offer?

Key property features include: Beach, Lake Access, River/Stream, School Bus Route, Wooded/Treed, Waterfront.

Q.What interior features are included in this home?

Interior highlights include: Storage, Storage Area Lockers, Water Heater Owned.

Q.What security features are installed at 10 Lake Road, Unit 2, Lambton Shores, ON ?

Security features include: Smoke Detector, Carbon Monoxide Detectors.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Wall Unit(s).

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Location

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10 Lake Road, Unit 2, Lambton Shores, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 10 Lake Road 202, Lambton Shores, ON N0M 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lambton Shores.

Configure Loan Settings

Interest Rate4.00%
Down Payment$104,970 (30.0%)
* Minimum Canadian down payment required for this price is $17,495.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $244,930 over 30 years.
Purchase Price$349,900
Loan Amount$244,930
Provincial Land Transfer Tax:$3,724
Total Estimated Closing Taxes:$3,724

About Purchasing a Home in Lambton Shores, ON

For a property listed at $349,900 in Lambton Shores, the legal minimum down payment is $17,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,724 for this transaction. As this listing is in Lambton Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,724.

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Grand Bend, Lambton Shores Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Grand Bend, Lambton Shores.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,210,459

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Grand Bend, Lambton Shores

Elementary Schools

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Secondary Schools

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Grand Bend, Lambton Shores Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.