47 Ontario Street N,Lambton Shores, ON N0M 1T0
Lambton Shores, ON N0M 1T0
Description
Positioned in the heart of Grand Bend, this mixed-use property presents a rare opportunity to acquire a versatile income-producing asset in one of Southwestern Ontario's most desirable beach towns. The site features a strong mix of income streams, including two commercial units, eight residential apartments, and a series of self-storage units, each contributing to a balanced and dependable revenue profile. Set in a prime, high-visibility location within walking distance to the beach, shops, and amenities, this property benefits from both steady local demand and the area's expanding year-round population. The residential units are well-sized and functional, while the commercial spaces cater to a variety of retail or service-based tenants. The self-storage component adds a low-maintenance income layer and further diversifies the property's cashflow. With Grand Bend continuing to see strong growth in tourism, residential development, and local business activity, this asset is strategically positioned for long-term appreciation. Well-maintained, efficiently operated, and fully tenanted, it's a compelling option for investors seeking stability, income diversity, and upside in a thriving lakeside community. Located on the shores of Lake Huron, Grand Bend isa highly regarded and fast-growing community within Lambton Shores, recognized for its strong tourism economy and expanding year-round population base. Long established as one of Ontario's premier beach destinations, Grand Bend has evolved into a balanced local market with stable residential demand and a diverse commercial environment that supports hospitality, retail, and professional services.
Details
| MLS # | X12481204 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 304 |
| Listing Provided By | SUTTON GROUP - SELECT REALTY | X12481204 798000 |
Features
| SQ Feet | 29,577 |
|---|---|
| Acreage | 0.68 |
Interior
| Cooling | Yes |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 16742 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 404 PL 24 STEPHEN AS IN L900144; S/T L632553 MUNICIPALITY OF LAMBTON SHORES |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Lambton |
| City | Lambton Shores |
| Postal Code | N0M 1T0 |
| Area | Grand Bend |
| Listing VS Median (in N0M 1T0) | |
Price: $3,100,000 low | high Med: $1,350,000 sqft: 29,577 low | high Med: 9,000 $ / sqft: $105 low | high Med: $150 On site: 304 low | high Med: 101 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Lambton |
| City | Lambton Shores |
| Postal Code | N0M 1T0 |
| Area | Grand Bend |
| Listing VS Median (in N0M 1T0) | |
Price: $3,100,000 low | high Med: $1,350,000 sqft: 29,577 low | high Med: 9,000 $ / sqft: $105 low | high Med: $150 On site: 304 low | high Med: 101 | |
