10 Lake Road, Unit 105, Lambton Shores, ON

$370,000
MLS#:X9359589
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
10 Lake Road 105, Lambton Shores, ON N0M 1T0
⚠️

Property no longer active

This property was sold on October 7, 2024. 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 $370,000 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
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to Old Orchard Park, a sought-after condo community just a short stroll from Grand Bend's blue water beaches. sunsets, and vibrant shopping. This ground-level, newly renovated 2-bedroom. 2-bathroom condo offers over $50,000 in upgrades, blending modern elegance with coastal charm. Inside, you'll find luxury vinyl plank flooring, quartz countertops, custom cabinetry, and stainless steel appliances. The kitchen and bathrooms feature high-end finishes, with in-unit laundry and contemporary fixtures. Unwind in the jacuzzi tub or on your covered back deck, bathed in morning sun. The complex features a heated saltwater pool, clubhouse with a workshop, community gardens, and locked storage. Beautifully landscaped grounds and a shared outdoor space make it perfect for gatherings, BBQs, and relaxing by the fire. Maintenance-free living includes water and sewer with a $350/month condo fee. One assigned parking spot is included. Smoke-free, pet-free, and short-term rental-free for a peaceful lifestyle.

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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 685 days. This property is listed at $370,000 with an estimated mortgage of $1,232* 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
0
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 7, 2024
Sold price information is available to members only
Listed Date9/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyLambton
Annual Tax$1,602.4

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

  • Beach
  • Golf
  • Marina
  • School

Interior Features

  • Water Heater Owned

Security Features

  • Carbon Monoxide Detectors

Community Features

None listed

Frequently Asked Questions about 10 Lake Road, Unit 105, Lambton Shores, ON

Q.What is the asking price for 10 Lake Road, Unit 105, Lambton Shores, ON ?

The current listing price for 10 Lake Road, Unit 105, Lambton Shores, ON in Grand Bend, Lambton Shores is $370,000.

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 105, Lambton Shores, ON ?

10 Lake Road, Unit 105, Lambton Shores, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 10 Lake Road, Unit 105, Lambton Shores, ON offer?

Key property features include: Beach, Golf, Marina, School.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.What security features are installed at 10 Lake Road, Unit 105, Lambton Shores, ON ?

Security features include: 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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10 Lake Road, Unit 105, 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 105, Lambton Shores, ON N0M 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$111,000 (30.0%)
* Minimum Canadian down payment required for this price is $18,500.
Amortization Period30 Years
Estimated Monthly Payment$1,232Based on a loan of $259,000 over 30 years.
Purchase Price$370,000
Loan Amount$259,000
Provincial Land Transfer Tax:$4,025
Total Estimated Closing Taxes:$4,025

About Purchasing a Home in Lambton Shores, ON

For a property listed at $370,000 in Lambton Shores, the legal minimum down payment is $18,500 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 $4,025 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 $4,025.

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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.