8 Oak St 3
Grand Bend, Lambton Shores, N0M 1T0
FOR SALE
$374,900
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BEDROOMS1
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KITCHENS6
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Property Description
Snap up the most affordable Grand Bend home ownership on the market as of March 2025 with this functional & efficient forced air gas heated & central air conditioned condo just steps from the beach! Get away from the city life & situate your weekends literally 490 meters from the 3rd best beach in the country. With this interior unit; nestled into the 8 Oak ten unit complex distancing you from the street traffic; you'll experience peace & quiet when compared to the rest of the downtown / "Village" sector. From the IN-UNIT private laundry to the immaculate condition of this well-renovated 2 bedroom home with a primary open concept living area & BRAND NEW bathroom w/ zero edge accessible tile shower, your money goes a very long way here. In fact, the investment minded buyer should note that, with a good mortgage, you could own this place for a month cost potentially lower than renting it, as they are now renting for over $1800 per month PLUS utilities! Given the shortage of long term rentals in town, this isn't just affordable home ownership within walking distance to all of Grand Bend's convenient amenities, it's also a solid income property. Literally park at your doorstep with easy ground level access (ideal for those with mobility issues) over a private patio with BBQs permitted, sip your morning coffee in the sunrise on your balcony or in the private condo gazebo yard, & then take a short walk to the beach for a nice swim & sunset. Didn't think you could afford Grand Bend? Think again! UPDATED kitchen appliances included along w/ the in-unit washer/dryer! In summary, this well-kept & recently renovated functional & younger 2 bedroom condo demonstrates outstanding value within the current market, especially on the beach side of the highway just a 5 minute walk to endless sandy shores & world class sunsets. Pets welcome at this friendly complex. Weekly rentals not permitted. This unit is NOT FOR RENT - FOR SALE ONLY.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-09-29 | 2021-10-05 | 7 | $1,400 | $1,400 | Leased |
| 2018-06-22 | 2018-07-12 | 20 | $219,900 | - | Terminated |
Property Features
Fenced Yard, Golf
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Property Details
Street
Community
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
900-999
Taxes
$1,679 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (Ground)
Parking 2
Common (Ground)
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Other | Main | 17.98' x 19.32' | |
| Kitchen | Main | 8.73' x 10.99' | |
| Prim Bdrm | Main | 9.97' x 12.99' | |
| Br | Main | 9.22' x 10.99' | |
| Bathroom | Main | 4.82' x 10.01' | |
| Laundry | Main | 2.99' x 3.51' |
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Lambton Shores Market Statistics
Lambton Shores Price Trend
8 Oak St 3 is a 2-bedroom 1-bathroom condo listed for sale at $374,900, which is $34,900 (10.3%) higher than the average sold price of $340,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Lambton Shores declined by $97,500 (22.3%) compared to the previous 30 day period (December 22 - January 20) and up $199,000 (141.1%) from the same time one year ago.Inventory Change
There were 0 2-bedroom condos listed in Lambton Shores over the last 30 days (January 21 - February 19), which is down 100.0% compared with the previous 30 day period (December 22 - January 20) and down NaN compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Lambton Shores typically sold ($9,900) (2.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $172,500 increase compared to the previous 30 day period (December 22 - January 20) and ($5,900) 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 condos in Lambton Shores over the last 30 days (January 21 - February 19) stood at ∞, up from 200.0% over the previous 30 days (December 22 - January 20) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Lambton Shores stood at 29 days when successfully sold over the last 30 days (January 21 - February 19), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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UNDER 400K IN GRAND BEND JUST STEPS FROM LAKE HURON AND DOWNTOWN AMENITIES! ~ Have to come check out this fully updated 2 bedroom 1 bathroom end unit condo in the HEART OF GRAND BEND just steps from all the amenities Grand Bend has to offer and the sandy shores of Lake Huron. UPDATES THROUGHOUT the unit include interior doors, gas furnace and central air units, gas hot water heater owned, all FIVE appliances, electrical fixtures, bathroom, flooring, kitchen counters and backsplash and much more. Enter the unit into the entrance foyer with accent wall, stacked laundry and coat closet. New flooring flows throughout the condo without transitions. Step into the open concept floorplan with spacious living room off of dining area with full accent shiplap wall. Kitchen offers updated cabinetry, tiled backsplash, updated stainless steel appliances and more. Spacious primary bedroom with double closet and access to private back balcony. Unit offers a second bedroom with double closet. Fully updated three piece bathroom with tiled shower and glass doors. Exterior allows for the private balcony off of the primary bedroom along with a private patio area off of front door where you have space for a BBQ and a seating area. Condo building includes one exclusive parking spot plus visitor parking, exterior maintenance and gazebo seating area. Condo fees are $350 per month. This location is steps from everything Grand Bend has to offer and would make a great cottage getaway, first time home or someone looking to downsize!
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