10 Lake Rd

10 Lake Rd in Grand Bend (Lambton Shores) is a low-rise apartment condominium built in 1975, featuring three floors and approximately 95 units averaging 950 square feet each. Recent sales have averaged around $350,000, with monthly condo fees of roughly $370 per unit or $0.39 per square foot, including heat, water and building insurance. The location offers convenient access to five nearby restaurants, three cafes, and ten parks and playgrounds within walking distance, making it popular for both residential and short-term rental purposes. Before finalizing a purchase, a professional review of the status certificate, reserve fund study, property budget, financial statements, and board minutes is essential to understand the building's financial health and any outstanding obligations.