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Investment signal

$689,900

11 DIETRICH Crescent

Beds

3

Baths

2

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Turnkey investment & dream 4-season beach retreat in Grand Bend! Fully furnished and currently operating as a successful short-term rental, this property offers the perfect blend of personal enjoyment and strong income potential. Amazing income. As of April, 2026, the property has generated $23,464 from 47 booked nights. The owners have reserved one week in July and one week in August for personal use—these prime weeks could easily generate an additional ~$7,000, highlighting excellent upside. Located on a quiet dead-end street just a 2 minute walk to the main beach, this extensively updated (2018) and beautifully finished, 3-bedroom, 2 full-bath home offers 1,022 sq ft of thoughtfully designed living space. The open-concept layout features a bright living room with gas fireplace and a spacious kitchen with large centre island, quartz counters and premium appliances. Comfortably sleeps up to 7—ideal for both family use and maximizing rental income. Main floor includes a 3-piece bath; upper level features a spacious 4-piece bath & in suite laundry. Enjoy a low-maintenance, fully fenced outdoor space with dual-level decking, firepit and outdoor shower—perfect for entertaining or guest enjoyment. Parking for 3 vehicles. Green space directly across the street adds privacy and room for pets or play. So close to the beach, marina, dining and shopping—key drivers for both lifestyle and rental demand. Whether you’re seeking a family getaway, full-time residence or a proven income-producing addition to your portfolio, this move-in ready property offers exceptional versatility in one of Ontario’s premier beach destinations. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Community
Grand Bend
Common interest
Freehold
Living area
1,022 square feet
Bedrooms
3 above grade, 0 below grade
Parking
3 total
Stories
2
Fireplace
1
On market
Apr 12, 2026
Status changed
Apr 15, 2026
Annual tax
$3,083
Zoning
R4
Photos
27
MLS#
40819882
Area
GRAND_BEND

Features and systems

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveDryerWindow CoveringsMicrowave Built-in

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Unknown

Lot

Cul-de-sacCrushed stone driveway

Community

Quiet AreaCommunity Centre

View

View of water
Negative cash flow ~$1,367/mo at these assumptions

Cash on cash

-11.89%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,889

Financing

Down payment$137,980
Loan amount$551,920
Mortgage$3,386/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$316
Insurance$80
Maintenance$575
CapEx reserve$287
Vacancy loss$173

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Grand Bend. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,386/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.

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