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285 Ontario Street

Lambton Shores, N0M 1T0·MLS® X13721076

Listing courtesy of J.e. Jackson Realty Limited·Updated Aug 28

Listing price

$870,000

Est. $4,144/mo

Days on market

12

Listed Aug 27, 2026

For sale
1 / 45
3bd·1ba·1,100-1,500sqft·51 to 99 yearsold

Description

WATERFRONT PARADISE IN GRAND BEND | BEAUTIFULLY RENOVATED TURNKEY BUNGALOW WITH EXCEPTIONAL RIVERSIDE BUNKIE, FLOATING DOCK with OVER ONE ACRE OF PRIVATE WATERFRONT. Welcome to one of Grand Bend's most unique and captivating waterfront properties. Nestled along Ausable River. This exceptional property offers a rare combination of privacy, nature, recreation, and income potential. The expansive grounds feature a large fenced backyard, mature trees, beautifully landscaped gardens, private forest, riverside campsite, and a picturesque staircase leading to a floating dock. Surrounded by the beauty of the Carolinian forest ecosystem and abundant wildlife, this property feels like a private retreat while remaining close to all that Grand Bend has to offer. The home has been updated with freshly stained siding, newer roof, furnace and central air, updated windows and generator hookup. Inside, you'll be immediately drawn to the warm ambiance created by the wood-burning fireplace, bright open-concept living space, and renovated kitchen featuring updated cabinetry and modern appliances. The primary suite is the pièce de resistance, offering its own private entrance, sunroom overlooking the backyard oasis, direct outdoor access, and a stunning 5-piece ensuite bath. Two additional bedrooms provide comfortable accommodations for family and guests. The dry lower level features a legitimate workshop/man cave, abundant storage, laundry facilities, and a commercial-grade double basin laundry sink. Step outside to enjoy the hot tub, multiple outdoor entertaining areas, and a large storage shed-perfect for tools, bicycles, lawn equipment, and recreational gear. Whether you're seeking the perfect retirement retreat, year-round residence, family getaway, or investment opportunity, this property checks every box. A meandering path through the mature forest leads to a charming off-grid riverside Bunkie overlooking the water. Income potential $40,000 annually with short term rental.

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Property details

Type
Detached, Bungalow
Age
51-99 years
Lot size
78.26 × 565.45 ft · .50-1.99 acres
Interior
1100-1500 sqft
Rooms
7 rooms
Bathrooms
1 × 5-piece on Main
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air
Exterior
Wood
Foundation
Concrete Block
Roof
Shingles
Water & sewer
None
Parking
8 spaces
Property tax
$3,886/yr (2026)

AI property estimate

$724,000~16.8% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$651,600$796,400

66% confidence · 15 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Grand Bend

Lambton Shores, ON

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$4,144
Property tax$943
Insurance (est.)$181
Utilities (est.)$250
Total monthly$5,517
Land transfer taxOne-time, on closing

Ontario LTT

$13,875

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Listed 3 times · asking price up 10% from the first ask

$870,000 3%

Listed Aug 27, 2026

On the market
$899,900 14%

Listed Jun 25, 2026 · 61 days on market

Listing expired

Aug 25, 2026

$789,700

Listed Oct 20, 2025 · 28 days on market

Taken off the market

Nov 17, 2025

89 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

7652 Riverside Drive, Lambton ShoresSold

$724,000

7652 Riverside Drive, Lambton Shores

2 bd·3 ba·1,100-1,500 sqft
10048 URLIN Crescent, Lambton ShoresSold

$899,617

10048 URLIN Crescent, Lambton Shores

2 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsGrand Bend · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$796,236

Sale-to-list ratio

97.2%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$206,891

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Not sure about financing? Ask Colin

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AI estimate

$724,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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