58 Prince Street, Lambton Shores, ON

$565,000
MLS#:X9393972
3 beds
3 baths
6.0 parking
Residential Freehold
58 Prince Street, Lambton Shores, ON N0N 1J0
⚠️

Property no longer active

This property was sold on November 4, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Forest. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $565,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 116.75 x 346.52 ft lot size
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Discover the potential with this brick bungalow nestled on a sprawling 1-acre private estate lot, offering the perfect blend of country living right in town. This 3-bedroom home features a primary bedroom with its own 2pc ensuite for added convenience. Enjoy the peace and quiet of a tranquil street while having plenty of space for hobbies or projects with the massive attached, insulated 50'x27' garage/workshop, complete with its own 3pc bathroom. Ideal for those seeking serenity without sacrificing proximity to local amenities, this home is a rare find. Don't miss out!

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Property Summary

This detached home located at 58 Prince Street, Lambton Shores is currently for sale and has been available on SousaSells for 664 days. This property is listed at $565,000 with an estimated mortgage of $1,881* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 58 Prince Street, Lambton Shores is in the Forest 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 Forest, Lambton Shores.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • Desirable Detached architecture in Forest, Lambton Shores
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
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 4, 2024
Sold price information is available to members only
Listed Date10/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Shingle
BasementFull, Partially Finished
Lot Size116.75 × 346.52 Feet
CountyLambton
Annual Tax$4,400
Legal DescriptionBLK A PL 547; LAMBTON SHORES

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 58 Prince Street, Lambton Shores, ON

Q.What is the asking price for 58 Prince Street, Lambton Shores, ON ?

The current listing price for 58 Prince Street, Lambton Shores, ON in Forest, Lambton Shores is $565,000.

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

This property features 3 bedrooms and 3 bathrooms.

Q.What property type and architectural style is 58 Prince Street, Lambton Shores, ON ?

58 Prince Street, Lambton Shores, ON is a Detached (Bungalow) featuring a Full, Partially Finished basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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58 Prince Street, 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 58 Prince Street, Lambton Shores, ON N0N 1J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$169,500 (30.0%)
* Minimum Canadian down payment required for this price is $31,500.
Amortization Period30 Years
Estimated Monthly Payment$1,881Based on a loan of $395,500 over 30 years.
Purchase Price$565,000
Loan Amount$395,500
Provincial Land Transfer Tax:$7,775
Total Estimated Closing Taxes:$7,775

About Purchasing a Home in Lambton Shores, ON

For a property listed at $565,000 in Lambton Shores, the legal minimum down payment is $31,500 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 $7,775 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 $7,775.

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Forest, Lambton Shores Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$672,950

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 Forest, Lambton Shores

Elementary Schools

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Secondary Schools

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Forest, 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.