8349 RAVENSWOOD LINE, Lambton Shores

$349,000

For sale: Detached

Detached at 8349 RAVENSWOOD LINE, Lambton Shores
Property type
Detached
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
699 sqft
MLS®
MLS® X13694048
Neighbourhood
Lambton Shores

ATTENTION INVESTORS, ENTREPRENEURS & FIRST-TIME BUYERS! A rare opportunity awaits with this spacious bungalow situated on over 1 ACRE and offering M1 ZONING, opening the door to an incredible range of residential, commercial, and entrepreneurial possibilities. Whether you're looking for an affordable home, a property where you can operate your own business, or simply a large piece of land with room to grow, this property is worth a serious look. This charming 1-bedroom, 1-bathroom bungalow offers comfortable and affordable living with LOW UTILITY COSTS, making it an excellent option for those looking to keep monthly expenses manageable. The oversized property provides plenty of room for parking, storage, hobbies, business use, and future possibilities. The newer 16' x 32' DETACHED GARAGE features 50-AMP SERVICE and makes an ideal workshop, hobby space, or additional storage area. There are also other storage buildings on the property check this property out today!

Sold data

Detached homes in Lambton Shores — recent sold market

Detached homes in Lambton Shores took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 62, across 56 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $749,900.

Homes sold for about 4.3% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 11% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$749,900
Sale-to-list ratio
95.7%
Sold above asking
7%

Based on 56 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 8349 RAVENSWOOD LINE