5 - 8 OAK STREET, Lambton Shores (Grand Bend)
$359,900
For sale: Apartment
- Property type
- Condo Apartment
- Bedrooms / bathrooms
- 2 bedrooms, 1 bathroom
- Living area
- 999 sqft
- MLS®
- MLS® X13756434
- Neighbourhood
- Grand Bend
SNAP UP THE MOST AFFORDABLE HOME OWNERSHIP IN GRAND BEND JUST STEPS TO GRAND BEND'S FAMOUS MAIN BEACH! 8 Oak St is a young, well-maintained 10-unit condo complex is forever a popular maintenance free alternative to an older Village cottage. This extremely well-kept & recently renovated functional & efficient forced-air gas heated & central air-conditioned apartment style condo is located just 490 metres from the 3rd-best beach in the country, making it the perfect coastal escape or full-time residence or an affordable weekend / summertime getaway. Forget the city life & immerse yourself into relaxed beachside living, where weekends truly feel like vacations. Unit 5 is ideally positioned in the desirable 8 Oak complex tucked away from street traffic offering peace & quiet rarely found in the downtown "Village" core. Enjoy the convenience of in-unit private laundry, a bright open-concept renovated primary living space, a full bathroom, & 2 bedrooms, one with private balcony access. The mint condition throughout the unit ensures your investment goes a very long way. With a strong mortgage, owning this home even could cost less per month than renting, as comparable units now rent for over $1,800 per month + utilities. Enjoy easy ground-level access, ideal for those with mobility considerations, reserved parking right at your doorstep (w/ loads of additional visitor parking), & a private BBQ patio. Sip your morning coffee on the balcony as the sun rises, relax in the private condo gazebo yard, then stroll to the beach for a refreshing swim & a stunning sunset. Pets welcome! Just a 5 min walk to endless sandy shores, world-class sunsets, & all of Grand Bend's amenities, this beachside condo delivers exceptional value in today's market. Didn't think you could afford Grand Bend? Think again! Also, short term rentals are prohibited at this complex, which results in additional peace and quiet. Condo fees of $376.16/month cover full exterior, maintenance, snow removal, etc.
Sold data
Homes in Grand Bend — recent sold market
Homes in Grand Bend took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 85, across 78 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 86 days.
The median sale price was $891,078.
Homes sold for about 4.5% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
- Median days to sell
- 35
- Median sale price
- $891,079
- Sale-to-list ratio
- 95.5%
- Sold above asking
- 9%
Based on 78 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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