7529 Riverside Drive, Lambton Shores, ON
Property no longer active
This property was sold on September 6, 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 Port Franks. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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 1 Bathroom
- Premium 82.36 x 187.5 ft lot size
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Welcome to beautiful Port Franks! This one floor home/cottage is nestled amongst the trees on a generous 82' x 187' lot in the heart of Port Franks. Enter the property using the open driveway through the wooded lot to the picturesque bungalow. Through the front door you're greeted with an open floor plan featuring the warmth of wooden floors, walls and ceilings. The U-shaped kitchen features lots of counter space, storage and has a generous breakfast bar which is open to the dining area, sitting area with fireplace and living room with second fireplace. 3 spacious bedrooms and 4-piece bathroom complete the cozy 864 square foot plan. The exterior is tastefully clad in vinyl siding, and features a rear concrete patio perfect for morning coffee or refreshing beverage on a hot day. This quiet community boasts lots of amenities for the avid cottager or year round home owner including restaurants, playground and community centre and access to the marina and river for convenient Lake Huron access. Other inclusions consist of most furniture (personal items excluded), owned electric hot water heater, heat pump which heats and cools (2023), approx. 6 yr old roof, and municipal water. This is the place you want to call home!
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Property Summary
This detached home located at 7529 Riverside Drive, Lambton Shores is currently for sale and has been available on SousaSells for 720 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 7529 Riverside Drive, Lambton Shores is in the Port Franks neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Port Franks, Lambton Shores.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •Desirable Detached architecture in Port Franks, Lambton Shores
Families, couples, or downsizers looking for a well-proportioned home in Lambton Shores.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Lake Access
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 7529 Riverside Drive, Lambton Shores, ON
Q.What is the asking price for 7529 Riverside Drive, Lambton Shores, ON ?
The current listing price for 7529 Riverside Drive, Lambton Shores, ON in Port Franks, Lambton Shores is $499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom.
Q.What property type and architectural style is 7529 Riverside Drive, Lambton Shores, ON ?
7529 Riverside Drive, Lambton Shores, ON is a Detached (Bungalow) featuring a Crawl Space basement.
Q.What key property features does 7529 Riverside Drive, Lambton Shores, ON offer?
Key property features include: Beach, Lake Access.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Lambton Shores, ON
For a property listed at $499,900 in Lambton Shores, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.