Lambton County Real Estate Market Overview
Home to 11 municipalities, Lambton County boasts of three first nation reserves, one provincial park and some of the best freshwater beaches in the world. Leading an active lifestyle in Lambton County is easy. It features golf courses, marinas, parks and playgrounds, public beaches, recreational programs, sports associations, and trails and nature areas. Lambton offers something for everyone from small town antiquing, to big box retail establishments and everything in between. The average price of homes hovers around $445,000. You will find about 150-200 homes listed for sale here most weeks.
Why buy a rent-to-own home/condo in Lambton County, Ontario?
The following real estate market overview will help you decide if Lambton County is the right destination for you to buy a home:
- The county is home to many multinational companies. Sarnia is in fact known as the chemical valley. There are three refineries and 25 chemical facilities in Sarnia alone. Plenty of job opportunities are available in the petrochemical and refining sectors.
- Proximity to the Saint Clair River and many lakes offer the local residents plenty of opportunities to enjoy water activities including boating and fishing. The county also features many museums, art galleries, parks, and conservation areas. the beautiful Canatara Beach is a popular destination along the Lake Huron shoreline.
- The county also features many education institutes, top-ranked schools and colleges. One of the most notable ones is the Lambton College, recognized for being the best research and innovation facility.
- One of the things that attract home buyers to the Lambton County towns is the high housing affordability. You can buy a large, three-bedroom home for a price that you will get a condo in GTA. The median listing price is $445,000. You will find all types of properties – ranging from luxury lakefront mansions or small apartments.
Best towns to buy a rent-to-own home/condo/townhouse in Lambton County
- Sarnia
- Lambton Shores
- Plympton Wyoming
- Petrolia
- Point Edward
- Warwick
- Oil Springs
- Enniskillen
- Arkona
- St Clair
- Port Lambton
- Sombra
- Dawn Euphemia
- Grand Bend
- Brights Grove
- Corunna
- Courtright
- Uttoxeter
- Bosanquet
How to buy a rent-to-own home in Lambton County with bad credit
Most home buyers end up making a compromise after they are denied a mortgage. Most alternative financing arrangements don’t offer them access to the full inventory of homes in Lambton County. This is where our program stands out. We enable home buyers to purchase any home, condo or townhouse listed for sale in Lambton in a unique rent-to-own arrangement. Get in touch with us today to learn more!
Lambton County Area Highlights
A quick view of the most influential metrics in Lambton County
Average Sale Price (Detached homes)
$445,000
Population
125,000
Average Sale Price (Townhouse)
$375,000
Average Sale Price (Condos)
$250,000