1 / 27
Investment signal

$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
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.

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.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.