5 River Road, Unit 4, Lambton Shores, ON

$494,900
MLS#:X11907091
3 beds
3 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
5 River Road 4, Lambton Shores, ON N0M 1T0
⚠️

Property no longer active

This property was sold on January 31, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Grand Bend. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $494,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Storage, Separate Heating Controls
  • Efficient baseboard heating via electric

Description

EXCEPTIONAL WATERFRONT VALUE IN GRAND BEND | 3 LEVEL RIVERFRONT CONDO w/ GARAGE & LAKE VIEW* | 5 MIN WALK TO SANDY SOUTH BEACH | BOAT DOCK ALWAYS AVAILABLE**, JUST 65' FROM YOUR NEW TOWNHOME | DIRECTLY FACING RIVER & DESIRBLE YARD SPACE | CLOSER TO LAKE & BEACH THAN ANY OTHER GB RIVERFRONT CONDO COMPLEX! Boaters or sunset lovers looking for a peaceful waterfront setting can't go wrong with this one! This ideal wknd getaway or yr round retirement pad is nestled into a prime location at this sought after riverfront townhome complex. Directly overlooking the sparkling waters of the Ausable just 675 mtrs to Lake Huron & South Beach at the river mouth, & w/ the gazebo & dock access straight off your riverfront balcony, this is a very sweet spot w/ the perfect boat dock available steps from your garage! The proximity to the beach even provides a modest LAKE VIEW at your front door. This 2 or 3 bedroom (fam room w/ gas fireplace often used as bedroom) charmer offers 1834 sq ft of finishing space w/ 3 bathrooms (1 on each level) + a garage. The garage is perfect for the summer car/convertible or can be easily converted to a man cave, fitness room, or even a home office space. This is the only complex where you can get into waterfront living in Grand Bend w/ a garage & a boat dock at such a friendly price. The unit itself is in great shape w/ lots of hardwood flooring, a recently updated kitchen w/ newer appliances (all included), updated bathrooms on 2nd & main levels, in-unit laundry, & the condo board has just redone the siding, roof, & some windows. This unit even has a new deck! **Owners have first right to docks each season at market rate & owners can ALWAYS get a dock. Utilities are cheap & condo fees include water! You get 2 reserved parking spaces (in garage/fronting garage) + there is visitor parking. This is a PET FRIENDLY complex / NO PET RESTRICTIONS. Immediate possession available! Short term rentals are not allowed but term lease rentals are permitted.

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Property Summary

This townhouse located at 5 River Road, Lambton Shores is currently for sale and has been available on SousaSells for 579 days. This property is listed at $494,900 with an estimated mortgage of $1,647* per month. It has 3 beds, 3 bathrooms, and is 1200-1399 square feet. 5 River 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 3 bedrooms and 3 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
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Lambton Shores.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 31, 2025
Sold price information is available to members only
Listed Date1/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionOther
BasementFull, Finished
CountyLambton
Annual Tax$2,324.23

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

  • Arts Centre
  • Beach
  • Lake Access
  • Marina
  • River/Stream
  • Waterfront

Interior Features

  • Auto Garage Door Remote
  • Storage
  • Separate Heating Controls

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 5 River Road, Unit 4, Lambton Shores, ON

Q.What is the asking price for 5 River Road, Unit 4, Lambton Shores, ON ?

The current listing price for 5 River Road, Unit 4, Lambton Shores, ON in Grand Bend, Lambton Shores is $494,900.

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

This property features 3 bedrooms and 3 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 5 River Road, Unit 4, Lambton Shores, ON ?

5 River Road, Unit 4, Lambton Shores, ON is a Condo Townhouse (2-Storey) featuring a Full, Finished basement.

Q.What key property features does 5 River Road, Unit 4, Lambton Shores, ON offer?

Key property features include: Arts Centre, Beach, Lake Access, Marina, River/Stream, Waterfront.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Storage, Separate Heating Controls.

Q.What security features are installed at 5 River Road, Unit 4, Lambton Shores, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

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Location

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5 River Road, Unit 4, 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 5 River Road 4, 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$148,470 (30.0%)
* Minimum Canadian down payment required for this price is $24,745.
Amortization Period30 Years
Estimated Monthly Payment$1,647Based on a loan of $346,430 over 30 years.
Purchase Price$494,900
Loan Amount$346,430
Provincial Land Transfer Tax:$6,373
Total Estimated Closing Taxes:$6,373

About Purchasing a Home in Lambton Shores, ON

For a property listed at $494,900 in Lambton Shores, the legal minimum down payment is $24,745 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 $6,373 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 $6,373.

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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.