5 Bed Residential Freehold – 1 Prince Street, Lambton Shores, ON
$539,999 CAD
Property Description
Exceptional legal duplex in the heart of Forest, Lambton Shores! This well-maintained property offers an ideal opportunity for investors or multi-generational living, featuring two fully self-contained units with separate entrances and utilities. Unit A offers 3 bedrooms and 2 full bathrooms – a main-floor ensuite with a shower and a second-floor cheater ensuite with a relaxing tub. Unit B features 2 bedrooms and 1 full bathroom and is currently rented to long-term tenants who would like to stay with new ownership. Each unit has its own gas, water, and hydro meters, as well as individual furnaces, A/C units, and owned water heaters. Recent updates include furnaces replaced in 2019 and 2021, and water heaters in 2018 and 2023. All appliances are included, making this a truly turn-key property. Located in a desirable community close to schools, parks, shopping, and the beautiful beaches of Lake Huron. Whether you’re expanding your portfolio or looking for a flexible live/rent setup, this property is a rare find offering both stability and potential for strong returns.
Property Details
Type
Residential Freehold
Parking
4 spaces
All Photos
Location
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Lease Cost Summary
Estimated occupancy costs based on the listed rate.
Listed Rate
$539,999 / mo
Monthly Cost
$539,999
Annual Cost
$6,479,988
* TMI (taxes, maintenance, insurance) and utilities may be additional. Talk to Maneesh for full lease terms.
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