Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lambton Shores. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,250,000 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.
Experience lakefront living at Ipperwash Beach with this rare property featuring 2 FULLY WINTERIZED COTTAGES on a massive 50ft x 510ft lot along the shores of Lake Huron. Boasting over $120,000 in recent upgrades, this property offers the perfect blend of a private family retreat and outstanding income potential, giving you the flexibility to live in one home while renting the other. The first cottage offers over 1,100 square feet of living space with 3 bedrooms and 2 bathrooms. Benefiting from $25,000 in recent updates, including fresh paint and luxury vinyl flooring, the bright, open-concept main floor features a spacious kitchen, living, and dining area, alongside a convenient main-floor bedroom, mud-room with laundry, and a 2pc bathroom. Upstairs, you will find 2 additional bedrooms, including a primary suite that showcases stunning lake views and a walk-in closet, complemented by a four-piece bathroom equipped with a relaxing jacuzzi tub and a separate shower. The second, cottage spans over 1,900 square feet, with 2 bedrooms and 2 bathrooms, enhanced by $50,000 in recent interior updates. Large west-facing windows perfectly frame breathtaking Lake Huron sunsets, illuminating the beautiful hardwood floors and the updated kitchen, which is outfitted with new stainless steel appliances and a gas range. Additionally, the partially finished basement provides a 3pc bathroom and a versatile canvas to create additional living spaces tailored to your needs. Outdoors, over $51,000 has been invested into the property's infrastructure and exterior enjoyment, including a robust steel retaining wall, a poured concrete patio, and updated railings. Conveniently located near Grand Bend, Sarnia, and excellent local amenities, this double-cottage property presents an extraordinary and rare opportunity to own a premier piece of the Lake Huron shoreline.
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Lake Access, Lake/Pond, Wooded/Treed
Central Vacuum, Propane Tank, Separate Heating Controls, Separate Hydro Meter, Sump Pump, Upgraded Insulation, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 6274 Spruce Street, Lambton Shores, ON N0N 1J0
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 $1,250,000 in Lambton Shores, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.
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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.