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$1,345,000

Estimated value $1.3M to $1.4M

Est. $6,301/mo mortgage

3+1bd·4ba·1,500-2,000sqft

42 Lakeside Circle · Grand Bend, N0M 1T0

MLS® X13792558

40 days on market40 days on market

Listed Sep 16, 2026

Listing courtesy of Royal Lepage Triland Realty·Listing last changed Sep 16

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
73 × 56 ft
Age
16-30 years
Parking
8 spaces
Property tax
$4,742/yr (2025)

Description

GRAND BEND LAKEFRONT BENEFITS W/O THE LAKEFRONT PRICETAG | A VERITABLE CORNUCOPIA OF BRAND NEW UPGRADES | LIKE A NEW HOME | VIEWS OF LAKE HURON & SUNSETS FROM ROOFTOP TERRACE | HEATED FLOORS THROUGHOUT HOME | 100% TURNKEY W/ EVERYTHING INCLUDED AS IF YOU'RE WALKING INTO A HOTEL / PREMIUM RENTAL | 2 MIN WALK TO MAIN BEACH! The monumental list of 2025 upgrades is unrivalled save for similar newly built 4 level homes priced at a 25% premium but w/o the same lake views or stellar location of this 4+1 bedroom/4 bath gem in the sought after Gibbs Park enclave - a genuine secret spot, close to everything while still offering a respectable level of peace & serenity. The new '25 exterior invites you into the fabulously upgraded interior w/ soaring post & beamed knotty pine ceilings extending 3 levels up w/ breathtaking views from upper catwalks of the amazing primary open-concept living area w/ updated kitchen counters & brand new appliances just beyond the main level bedroom & bathroom. This young home boasts the perfect blend of rustic framing & modern lines w/ excellent fixtures like the 3-sided glass gas fireplace, brand shiplap lower ceilings & California shutters throughout. Upstairs, you get 2 more large bedrooms w/ ensuite access to a 4 pc bath w/ soaker tub & 1 w/ a walk-in closet + laundry. Downstairs; w/ its obvious potential to be a separate unit; you get a family room (5th bed), 4th bedroom, full bath, cold room (ideal wine cellar), & an insulated garage/workshop (ideal kitchen/dining space for addtl unit). All 3 levels have w/ in-floor heat, fostering comfortable living w/ low utility billing! However, it's the rooftop level that sets this home apart w/ a 3 season living space/crash pad (6th bed), bathroom, & the uncovered rooftop sundeck perched above your neighbors w/ lake & sunset views, & the 200 AMP service allows for a rooftop hot tub! All this, & it comes turnkey/fully furnished & equipped for rental or immediate family enjoyment!

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Property details

Interior

Size
1,500-2,000 sqft
Bedrooms
3 above grade, 1 lower level
Rooms
8 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second, 1 × 2-piece on Third, 1 × 3-piece on Lower
Basement
Full, Partially Finished
Heating
Radiant
Cooling
Other, Wall Unit(s)

Building & lot

Type
Detached, 3-Storey
Age
16-30 years
Lot size
73 × 56 ft
Exterior
Hardboard
Foundation
Wood
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
1 car Built-In
Driveway
Private Double (2 spaces)
Parking
8 spaces

Fees & taxes

Property tax
$4,742/yr (2025)

Rooms

Main

Bedroom
3.31 × 3.08 m
Bathroom, 2 Pc Bath
1.67 × 1.43 m
Living Room, 2 Way Fireplace
3.46 × 3.91 m
Foyer, W/O To Porch
1.03 × 2.61 m
Kitchen
3.4 × 5.15 m
Dining Room, W/O To Sundeck
3.46 × 3.91 m

Second

Bedroom, Ensuite Bath
3.32 × 4.57 m
Primary Bedroom, ensuite bath, walk-in closet(s)
4.45 × 4.18 m
Bathroom, 4 Pc Ensuite
4.12 × 3.03 m

Third

Family Room, Ensuite Bath
3.63 × 5.69 m
Bathroom, 2 Pc Ensuite
1.68 × 1 m

Lower

Bathroom, 3 Pc Bath
3.11 × 1.4 m
Recreation
3.94 × 5.57 m
Bedroom
2.4 × 3.71 m
Cold Room/Cantina
2.6 × 1 m

Estimated value range

$1.3M to $1.4M

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. $7,226/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$6,301
Property tax$395
Insurance (est.)$280
Utilities (est.)$250
Total monthly$7,226
Land transfer tax$23,375 on closing

Ontario LTT

$23,375

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 2 times · asking price up 36% from the first ask

$1,345,000↑ 36%

Listed Sep 16, 2026

On the market
$989,900

Listed Sep 16, 2024 · 86 days on market

Sold

Dec 10, 2024

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

86 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

420 Shannon Boulevard, StephenSold

420 Shannon Boulevard, Stephen

2 bd·2 ba·1,100-1,500 sqft
46 Erin Place, Grand BendSold

46 Erin Place, Grand Bend

2 bd·3 ba·1,500-2,000 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

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$647,333

Sale-to-list ratio

95.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $305,000 household income

Minimum household income required

$305,000

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

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(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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