Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kettle Point. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $115,000 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.
Home is on the land of Kettle and Stoney Point First Nation. Leased Land. You cannot get a mortgage. Cash only. Buyer will need a current police check and to be approved by the land owner and the Band Office via lease agreements. New 5yr land lease will be 2,500/yr. Fantastic 3 season cottage walking distance to Lake Huron! Dig your toes in the soft sand beach down in Kettle Point while watching one of Canada's best sunsets. This really cute 2 bedroom, 1 bath cottage is waiting for you. Fully furnished so just pack your beach town and get ready to relax all summer long! And the added bonus is the bunkie that can sleep 5! And with the drive through laneway there is plenty of parking for easy access. Located only 10min to the town of Forest for all your shopping needs or 15min to Grand Bend.
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Data-driven valuation for 6208 LONDON Road, Lambton Shores, ON N0N 1J1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lambton Shores.
About Purchasing a Home in Lambton Shores, ON
For a property listed at $115,000 in Lambton Shores, the legal minimum down payment is $5,750 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 $875 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 $875.
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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.