Brick Bungalow Backing onto Trail and Pond in Grand Bend

Property details for 52 Gill Road, Lambton Shores

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 1
Lot Size: 91.1 x 101 FT
Stories: 1
Basement: Finished, N/A
Parking: Carport, No Garage
Heating: Other, Geo Thermal
Cooling: Air exchanger
Exterior: Brick
Ownership: Freehold
Annual Taxes: $2,985

Just a five-minute walk from the main strip of Grand Bend, this brick bungalow sits on a quiet street right across from a school and park. The lot is 91x101 feet, backing onto a greenbelt with a trail and pond, so you get a bit of nature without leaving town. You're 600 metres from Pizza Delight and the Colonial Hotel, and about a kilometre from Tim Hortons. The main floor has two bedrooms, a four-piece bath, and an open kitchen-dining-living area. Kitchen cabinets go right up to the ceiling, and there are California shutters on the big windows. Original hardwood floors run through the living room and hall. Downstairs, the family room has a stone-surround wood fireplace, and there's an exercise room that could easily be a third bedroom or office. Newer Ostaco windows, a steel roof, and two owned hot water tanks (both from 2021) mean you're not facing big replacement costs soon. The carport covers one spot, with room for three more in the driveway. Property taxes run about $2,985 a year. The house is priced at $599,900, which sits below the $619,900 median for nearby listings. Only four other places are on the market in the immediate area, and one sold in the last month for $750,000. This one's been updated mechanically, so you can move in and tweak the decor without worrying about the big stuff.

About 52 Gill Road, Lambton Shores — Property Score

Score: 65/100

Value

Priced 13.7% below area median of $694,950 based on 18 comparable properties nearby 91

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

9,201 sqft lot - a generous lot for the area 78

Location

$59K median household income - below the Canadian average of $70K 60

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

73% homeownership rate - indicating a stable, owner-occupied community 81

63% of residents commute under 30 minutes - excellent commuter accessibility 81

88/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 44 days on market 100

-11.7% median price change over 1 month - declining prices in the area 1

28.7 months of housing supply - 86 active listings with 3 sold last month (buyer's market) 40

Features

4-car garage - area average is 6.2 spots 95

Finished, N/A basement - adds valuable living space 85

Other, Geo Thermal 60

Air exchanger 60

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.5% effective tax rate ($2,985/yr) - very low tax burden 85

29% renter population - primarily owner-occupied area 64

Quality

Condition

Listing

47 photos provided - 21% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.