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$3,100,000

Lambton Shores (Grand Bend) ON, N0M 1T0

MLS® # X12481204

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 1 ac
  • Heating Type: Baseboard heaters
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 1 Square Feet
  • Lot Depth: 241.0 Feet
  • Lot Frontage: 98.6 Feet
  • Zoning: C2

Courtesy of: PRIME REAL ESTATE BROKERAGE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 47 ONTARIO STREET N, Lambton Shores (Grand Bend), Ontario, N0M 1T0

Demographic Information of 47 ONTARIO STREET N, Lambton Shores (Grand Bend), Ontario, N0M 1T0

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$90,274.57

Average Number of Children

1.24

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.45 %

High school certificate or equivalent

33.54 %

Apprenticeship trade certificate/diploma

8.71 %

College/non-university certificate

25.2 %

University certificate (below bachelor)

2.19 %

University Degree

10.93 %

Commuter

Travel To Work

By Car

92.1 %

By Public Transit

0.0 %

By Walking

7.9 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.67 %

Houses

96.33 %

Own Vs. Rent