1 / 6
Investment signal

$565,000

LOT #23 AMBASSADOR BEACH ROAD

Beds

3

Baths

2.1

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.

Open full map

About this home

A compelling investment opportunity in Southern Ontario-secure a beautifully designed ranch-style home in the new Colchester Heights subdivision, a thoughtfully planned and high-demand community in Essex County, located in the heart of Lake Erie's renowned wine country. This pre-construction offering presents a valuable early-entry opportunity in a growing area, just steps from the waterfront, beach, and marina. Beyond its investment appeal, the community also offers an exceptional lifestyle-ideal for family living with its peaceful surroundings, access to nature, and strong sense of community, as well as an attractive option for retirees seeking a relaxed, scenic, and low-maintenance environment. Built with premium Insulated Concrete Form (ICF) and reinforced concrete, the home is designed for superior durability, energy efficiency, and sound insulation. It will feature an advanced HVAC system, including Aeroseal technology, an air-source heat pump, an ERV system, and an electric water heater for optimal performance. The raised bungalow layout also offers potential for a second unit, providing an excellent opportunity to generate additional rental income and maximize overall return on investment. (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
Essex
Common interest
Freehold
Lot dimensions
50.2 x 108.3 FT ; +36.09' extra depth backyard easement
Bedrooms
3 above grade
Parking
2 total
Stories
1
On market
Apr 16, 2026
Status changed
Apr 19, 2026
Annual tax
$0 (2025)
Photos
6
MLS#
X13009742
Area
ESSEX

Features and systems

Parking

Attached GarageGarage

Basement

Full

Heating

Heat PumpElectric

Cooling

None

Exterior

ConcreteStucco

Foundation

Concrete
Negative cash flow ~$1,134/mo at these assumptions

Cash on cash

-12.05%

Cap rate

3.48%

GRM

16.7

Break-even rent

$4,019

Financing

Down payment$113,000
Loan amount$452,000
Mortgage$2,773/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$259
Insurance$80
Maintenance$471
CapEx reserve$235
Vacancy loss$141

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 Essex. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,773/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 19, 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.