27 HILL STREET, Lambton Shores (Grand Bend)

$1,449,000

For sale: Multiplex

Multiplex at 27 HILL STREET, Lambton Shores (Grand Bend)
Property type
Triplex
Bedrooms / bathrooms
5 bedrooms, 4 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13714772
Neighbourhood
Grand Bend

Grand Bend Income/Investment property. One row back from Grand Bends North Beach. This one floor 3 unit Triplex is fully rented (long term tenants)and situated on a 120' lot. 2x2 bedroom units and 1x1 bedroom unit. Tenants pay hydro, Each unit has individual heat control. Shared coin laundry plus a lower level auxiliary suite for guests. Ideal location, Development potential.

Sold data

Homes in Lambton Shores (Grand Bend) — recent sold market

Homes in Lambton Shores (Grand Bend) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 65, across 66 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.

The median sale price was $624,900.

Homes sold for about 4.6% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$624,900
Sale-to-list ratio
95.4%
Sold above asking
6%

Based on 66 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 27 HILL STREET