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9897 Eric Street, Lambton Shores, ON N0M 2N0

3 beds · 1 bath · 1 kitchen · 7 rooms · 4 parking spaces · 700-1100 sq ft · Detached
$399,000
Property tax
$1,841 / year

Three-bedroom bungalow with community boat docking in the Ausable River near Port Franks. Located at 9897 Eric Street, this well-maintained home offers comfortable, one-floor living-perfect for first-time buyers, retirees, or those seeking a peaceful getaway near Lake Huron. Situated on a quiet street backing onto farmland with a spacious yard, paved driveway and back yard firepit. Inside, the home features laminate flooring throughout finished in a beach tone color palette highlighting accent walls with wall trim molding or themed wallpaper. Large living room with bay window overlooking the front yard. Kitchen features stainless steel appliances, beach toned backsplash and modern design with lower cabinetry and upper floating shelving. Eating area between the kitchen and living room with patio doors to back deck. Main floor bathroom with decorative wall tile above a tub insert includes both a shower and bath option. Lots of area for guests with 3 bedrooms. Just steps to the Ausable River and the community riverfront parcel for your boat dock. Take the short ride up the river to Lake Huron at Port Franks. Just a short drive to the amenities of Grand Bend, beaches of Lake Huron or Pinery Provincial Park.

MLS number
X13495288
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
N0M 2N0
Photos
42
78days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Lambton Shores — 269 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$392k$586k$780k20252026this home’s asking price
$773klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d25d51d20252026
29dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in lambton shores. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 625 people.

$89,000Median household income
90%Own their home
100%Detached houses
56.8Median age
7.5%Born outside Canada
8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35380247 — the few blocks around this address, home to 625 people. It describes the area, not this property.

625Population
49.8Average age
2.4Household size
$95,000Average household income
$89,000Median household income
90%Own their home
10%Rent
0%Condominiums
8%Born outside Canada
8%University degree
$528,000Average home value
8%Low income
16%Never married
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9991%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9994%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over30%
$100,000 to $124,99911%
$125,000 to $149,9997%
$150,000 to $199,9998%
$200,000 and over5%

Percentages are of the 365 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$79,800 · minimum here is $19,950
$1,766.69per month
Borrowed before insurance$319,200
Total borrowed$319,200
Interest over 25 years at 4.5%$210,806

If you rented it out

-$1,920.10per month out of pocket
Rent$0.00
Everything it costs to hold$1,920.10
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX BLUEWATER REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.