Condominium for sale Grand Bend, $242,000

#306501 | 7-40 Ontario Street

Owner's comments

Luxury condominium in Grand Bend Ontario.  Ground floor in a stacked townhome style complex.  Backs on to the Ausable River and Boat docking is available for owners.  Everything in Grand Bend is within walking distance.  Wonderfully landscaped and maintained all year long.  Ideal for primary home or cottage lifestyle.  Financially stable condominium corporation with professional on site management. 

7-40 Ontario Street, $242,000
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  • Number of exterior parking : 1
  • Property Style : 4 seasons
  • Asking Price : $242,000
  • Price Detail : By Appointment
  • Living space area (basement excl) : 1,261 ft² (117.15 m²)
  • Building dimensions : 18.92x33.33 ft (5.77x10.16 m)
  • Bedrooms (total) : 3
  • Backyard Faces : North-East
  • Year of construction : 1989
  • Bathrooms (total) : 2
  • Half Bath(s) : 1
  • Total number of rooms : 7

Other details :

  • Services :
    • Pool
  • External facing :
    • Vinyl Siding
  • Floor coverings :
    • Linoleum
    • Carpet
    • Vinyl
  • Heating source :
    • Forced air
    • Electric
    • Natural gas
  • Kitchen :
    • Raised panel oak
    • Island
    • Dishwasher
    • Stove
    • Fridge
    • Double sink
  • Equipment/Services Included :
    • Central air
    • Stove
    • Furnace
    • Fireplace
    • Dishwasher
    • Washer
    • Ceiling fixtures
    • B/I Microwave
    • Stove
    • Fridge
    • Window coverings
    • Main floor laundry
    • Dryer
    • Blinds
    • Central air
  • Bathroom :
    • Whirlpool Bath Tub
    • Bath and shower
    • Ceramic Shower
  • Pool :
    • Inground
    • Outdoor
    • Saltwater
  • Parking / Driveway :
    • Asphalt
    • Outside
  • Location :
    • Highway access
    • Residential area
  • Lot's description :
    • Water Access
    • Waterfront
    • River / Waterfall
    • Mature trees
    • Fenced
    • Patio/deck
    • Landscaped
    • Watering system
  • Near Commerce :
    • Supermarket
    • Drugstore
    • Financial institution
    • Restaurant
    • Bar
  • Near Health Services :
    • Dentist
    • Medical center
    • Health club / Spa
  • Near Educational Services :
    • Kindergarten
    • Elementary school
  • Near Recreational Services :
    • Golf course
    • Library
    • Museum
    • Bicycle path
    • Pedestrian path
  • Near Tourist Services :
    • National Park
    • Port / Marina

Room's dimensions

Room Storey Dimensions Flooring
Entrance Main floor 10x7 ft (3.05x2.13 m) Linoleum
Great room Main floor 18x23 ft (5.49x7.01 m) Carpet
Bedroom 1 (Master) 2nd floor 17x12 ft (5.18x3.66 m) Carpet
Bedroom 2 2nd floor 10.9x10 ft (3.32x3.05 m) Carpet
Bedroom 3 2nd floor 13.6x10 ft (4.15x3.05 m) Carpet

Mortgage payments

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Contact the owner

Phone : 519-238-5802
Mobile : 519-564-5488
Fax : 519-238-5802

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Annual and Monthly costs

Expenses summary Monthly Annual
Mortgage
Condo fees $250 $3,000
Electricity $166.67 $2,000
Property taxes $158.33 $1,900
Water taxes $66.67 $800
Heating $108.33 $1,300
Total known costs $750 $9,000

Steps to buy this property

So you decided you like this property and would like to make an offer.

Here are the steps.

  1. 1. Investigate Mortgage Options

    As soon as possible in your buying process, make sure you can get the necessary financing to acquire the property. Consult a financial advisor and/or get a pre-approved mortgage. You will then know the exact amount of the loan that your financial institution is willing to lend you.

  2. 2. Get a Lawyer

    It's important to hire a lawyer who specializes in real estate. You could find yourself in a bidding war for the home you want, and it doesn't hurt to have a lawyer look over any offer to purchase before you submit it. A real estate lawyer will also conduct a title search and check for outstanding taxes and liens on the property.

  3. 3. Make the Offer

    You can contact your lawyer for help with filling out the offer document, which can be downloaded from the comfree website or provided to you by the seller. You then present the written offer to the seller. This document includes the price, conditions, deposit and closing date. The seller either accepts, rejects or counters the offer (also called "signing back" the offer).

  4. 4. Home Inspection or New Home Warranty

    Hiring an inspector is voluntary, but it's a smart idea for resale homes. You can choose to make your offer to purchase the home conditional on the outcome of your inspection. If your inspection reveals major problems, you can negotiate those repairs with the seller before your deal closes, or legally withdraw your offer.

    What is a New Home Warranty?

    New Home Warranties are typically used when you buy a brand new home. The builder provides a New Home Warranty to cover things like deposits and completion dates, along with labour and materials for at least one year after the home was built. It also protects you against structural problems for a minimum of five years.

  5. 5. Finalizing the Deal

    Finalizing the deal will include the final approval of your mortgage, a meeting with your lawyer to finalize details like insurance and conditions, and the results of a title search.

  6. 6. Moving Preparations

    There's a lot to do before you move. Line up utilities and other services like phone, cable and internet. If you rent, you must give your landlord notice. Also, forward your mail to your new address and hire a moving company. Preparing these things well in advance will help you make a smooth transition to your new home.

  7. 7. Closing Day

    This is the day you legally get possession of the house. Your lawyer completes the paperwork (so the home is in your name), payments are finalized and you receive the deed and the keys. Congratulations on your new home!

We're here to help

Shanna

Marketing Coordinator

ComFree is a team of more than 280 people committed to providing you with outstanding service so you can successfully sell your home.

The members of our team are not registered under the Real Estate legislation unless specifically mentioned.


Need more information? Please call a member of our customer service team:

1.866.336.9637


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Fireplace
Garage
Private parking
No back neighbor
Panoramic view
Pool
Waterfront