7575 Biddulph St, Lambton Shores, N0M 2L0

Home Overview

Description

Beautiful year-round home with lake views, across from the Port Franks marina, with large detached legal guest house in the back. Large 1000 Sq ft insulated & heated shop under the large 2 bedroom guest house unit. Possible to split the main house into 2 suites and the back house into an upper & lower for 4 total suites, or continue to use as a man cave shop. Located just a short walk to the beach, you'll enjoy easy access to sandy shores and beautiful sunsets year-round. With 2 fully insulated year-round homes/cottages, (5 bedroom, 2 bathroom main house and 2 bedroom rear guest unit), plus a bonus 3 room man cave, it's more than meets the eye! Incredible value for the price! The rear guest house is the ideal setup for generating rental income or housing extended family, serving as a fantastic mortgage helper. Everything was upgraded from: floors, roof, paint, bathrooms, central air, insulation and windows, to 200 amp hydro+ (100 amp to the guest house / garage unit). This large compound provides the perfect set-up for a family cottage, home, or turn-key investment as a furnished vacation rental with excellent cash flow. The back upper guest apartment is rented for 1499/month as a mortgage helper, tenant is willing to move out.

2 months

On Market

Detached

Property Type

$2,668 / Year

Est. Taxes

Bungalow

Style

None

Garage

Crawl Space

Basement