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For sale
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$359,900

Estimated value $342K to $378K

Est. $1,686/mo mortgage

2bd·1ba·900-999sqft

8 Oak Street #5 · Grand Bend, N0M 1T0

MLS® X13756434

48 days on market48 days on market

Listed Sep 8, 2026

Listing courtesy of Royal Lepage Triland Realty·Listing last changed Oct 11

Key facts

Property type
Condo apt
Square footage
900-999 sqft
Storeys
1
Age
16-30 years
Parking
1 space
Property tax
$1,746/yr (2025)

Description

SNAP UP THE MOST AFFORDABLE HOME OWNERSHIP IN GRAND BEND JUST STEPS TO GRAND BEND'S FAMOUS MAIN BEACH! 8 Oak St is a young, well-maintained 10-unit condo complex is forever a popular maintenance free alternative to an older Village cottage. This extremely well-kept & recently renovated functional & efficient forced-air gas heated & central air-conditioned apartment style condo is located just 490 metres from the 3rd-best beach in the country, making it the perfect coastal escape or full-time residence or an affordable weekend / summertime getaway. Forget the city life & immerse yourself into relaxed beachside living, where weekends truly feel like vacations. Unit 5 is ideally positioned in the desirable 8 Oak complex tucked away from street traffic offering peace & quiet rarely found in the downtown "Village" core. Enjoy the convenience of in-unit private laundry, a bright open-concept renovated primary living space, a full bathroom, & 2 bedrooms, one with private balcony access. The mint condition throughout the unit ensures your investment goes a very long way. With a strong mortgage, owning this home even could cost less per month than renting, as comparable units now rent for over $1,800 per month + utilities. Enjoy easy ground-level access, ideal for those with mobility considerations, reserved parking right at your doorstep (w/ loads of additional visitor parking), & a private BBQ patio. Sip your morning coffee on the balcony as the sun rises, relax in the private condo gazebo yard, then stroll to the beach for a refreshing swim & a stunning sunset. Pets welcome! Just a 5 min walk to endless sandy shores, world-class sunsets, & all of Grand Bend's amenities, this beachside condo delivers exceptional value in today's market. Didn't think you could afford Grand Bend? Think again! Also, short term rentals are prohibited at this complex, which results in additional peace and quiet. Condo fees of $376.16/month cover full exterior, maintenance, snow removal, etc.

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Property details

Interior

Size
900-999 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Main
Basement
None
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
Yes

Building & lot

Type
Condo apt, 1 Storey/Apt
Age
16-30 years
Exterior
Vinyl Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Storeys
1
Exposure
South

Parking

Parking
1 space
Locker
None

Fees & taxes

Condo fee
$376/mo
Fee includes
parking
Pets
Yes, with restrictions
Property tax
$1,746/yr (2025)
Corporation
Lambton 60
Managed by
Lionheart

Building amenities

Visitor Parking · BBQs Allowed · Other

Rooms

Main

Living Room
5.89 × 5.48 m
Bedroom
3.35 × 2.81 m
Foyer, W/O To Porch
2.07 × 1.69 m
Laundry
3.05 × 3 m
Kitchen
3.35 × 2.66 m
Utility Room
6.04 × 3.04 m
Primary Bedroom, W/O To Balcony
3.96 × 3.04 m
Bathroom
10.06 × 6.01 m

Estimated value range

$342K to $378K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions

Grand Bend

Lambton Shores, ON

Monthly paymentest. $2,533/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,686
Property tax$146
Insurance (est.)$75
Utilities (est.)$250
Condo fee$376
Total monthly$2,533
Land transfer tax$3,874 on closing

Ontario LTT

$3,874

First-time rebate

−$3,874

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

Price & listing history

$359,900

Listed Sep 8, 2026

On the market

Sold comparables nearby

7 - 8 Oak Street, Grand BendSold

7 - 8 Oak Street, Grand Bend

2 bd·1 ba·900-999 sqft
604 - 9 Pine Street, Grand BendSold

604 - 9 Pine Street, Grand Bend

2 bd·2 ba·1,200-1,399 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.9 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$553,417

Sale-to-list ratio

95.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $87,000 household income

Minimum household income required

$87,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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Colin Abbot, Broker, Westwood Realty Team

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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