$689,900
11 DIETRICH Crescent
Beds
3
Baths
2
Sqft
—
Year
—
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
- MLS#
- 40819882
- Area
- GRAND_BEND
Cash on cash
-11.89%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,889
Financing
Operating expenses (monthly)
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.
Mortgage estimate
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.