5 River Rd 11
Grand Bend, Lambton Shores, N0M 1T0
FOR SALE
$585,000
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BEDROOMS3
BATHROOMS1
KITCHENS8
ROOMSX11992027
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Property Description
TURN KEY RIVERFRONT CONDO!! Beautifully Renovated and Tastefully Decorated, including Plantation Shutters, this move-in ready Condo is a MUST-SEE! Everything is included in this gorgeous 2+1 bedroom, 2.5 bathroom Townhouse with a large deck overlooking the river and an attached garage. Being an owner here gives you first opportunity for one of the boat slips owned by the Condo complex. Imagine sipping your morning coffee in the warm sunshine, trying to decided if you will take your boat out on the lake today, or walk a few steps to one of the best beaches in Canada, or maybe stroll downtown to enjoy the many shops, restaurants and other amenities so closely available to you. You cannot beat this waterfront location at this price point, and everything is included! You just need the key. There is a natural gas fireplace and heat pumps to keep you warm and cozy on those winter nights. Air-conditioning inside and a power awning outside to provide shade on your large deck during those hot summer days. Everything you need is right here! Come see for yourself!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-07 | 2024-09-27 | 112 | $599,900 | - | Expired |
| 2024-04-30 | 2024-06-07 | 38 | $729,900 | - | Terminated |
| 2014-09-04 | 2015-03-17 | 193 | $184,900 | $174,000 | Sold |
| 2011-04-22 | 2011-08-25 | 124 | $179,900 | $173,000 | Sold |
| 2001-04-10 | 2001-05-17 | 37 | $112,900 | - | Terminated |
Property Features
Beach, Campground, Golf, Lake Access, Lake/Pond, Marina
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$2,613 (2024)
Basement
Finished, W/O
Exterior
Other
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Attached
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Lambton Shores Market Statistics
Lambton Shores Price Trend
5 River Rd 11 is a 2-bedroom 3-bathroom townhome listed for sale at $585,000, which is $105,000 (21.9%) higher than the average sold price of $480,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom townhome in Lambton Shores increased by $222,500 (86.4%) compared to the previous 30 day period (December 22 - January 20) and up $162,527 (51.2%) from the same time one year ago.Inventory Change
There were 0 2-bedroom townhomes listed in Lambton Shores over the last 30 days (January 21 - February 19), which is down 100.0% compared with the previous 30 day period (December 22 - January 20) and down 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Lambton Shores typically sold ($14,900) (3.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $377,450 increase compared to the previous 30 day period (December 22 - January 20) and ($3,514) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Lambton Shores over the last 30 days (January 21 - February 19) stood at ∞, up from 33.3% over the previous 30 days (December 22 - January 20) and up from 7,100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Lambton Shores stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 152 days before being removed from the market upon being suspended or terminated.Listing contracted with Initia Real Estate (Ontario) Ltd
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Welcome to #24 - 90 Ontario Street S in Grand Bend! This riverfront condo with access to 36 feet of docking is the perfect combo for those looking to get away from exterior maintenance and spend more time enjoying the precious moments of life! Boat access to Lake Huron at Grand Bend Harbour mere minutes away! Step into this home which offers an entrance foyer with double closets leading into the Great Room with large windows and sliding door for lots of natural light. Hardwood flooring throughout great room with high vaulted ceilings and a gas fireplace. Step out onto riverside deck where you can enjoy all the sights and sounds that living on the river allows for! The kitchen has been updated with backsplash, eat-up bar, cabinetry and stainless-steel appliances. Main floor primary bedroom with large bay window and updated three-piece ensuite. Main floor offers another spacious two-piece bathroom. Heading to your fully finished lower level the possibilities are endless. Offers another bedroom with double closet and full four-piece bathroom with jetted tub. The spacious rec room with walkout sliding door to a second full-size patio overlooking the river also has three-piece bathroom. Could make a spacious primary bedroom with ensuite and walk-in closet if desired, or rec room. Lower level also has laundry, utility and extra storage room. Nicely designed Riverbend Condominium with lots of visitor parking and beautifully landscaped. All brick exterior construction makes for a very solid home! Location is tucked away from the hustle and bustle, but all of the Grand Bend amenities are a walk away. Don't miss the perfect opportunity to call this home!
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