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1 - 37 ONTARIO Street

1 - 37 ONTARIO Street

Lambton Shores, ON

9,000 sqft • Commercial Retail • 310 days on market

$1,450,000

**ATTENTION INVESTORS** scoop up an easy 6 CAP with this hassle free GRAND BEND income opportunity just steps to the 3rd best beach in Canada & situated in a high traffic location in one of the fastest growing rural towns in the country! Attention investors in search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT 3-UNIT/TRIPLE TENANT commercial condo provides reliable fixed term income across 3 separate units generating just over $90K per yr collectively on 3 separate term leases, all leased (NET NET on part), w/the healthy TMI/CAM (an additional $60K + UTILITIES) leaving the owner w/ ZERO expenses per yr! As most savvy income-minded investors are aware, successful business tenants in a growing community are likely a safer bet than equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 36 months, all simultaneous to more & more families & younger generational buyers migrating to the beach for year round living! Bottom line, the smart money is recognizing this trend & its here in Grand Bend. During the past 4 years alone, there has been approximately 10 X more capital invested on individual property sales for development & investment purposes on commercial & mixed use properties in Grand Bend than the total amount spent on such land & buildings in the previous 20 yrs COMBINED! Why is all of this so crucial for a commercial income property like this one? Because, these trends result in stronger customer bases for the year round commercial tenants at this excellent location! And w/ commercial tenancy, landlord's upkeep responsibilities are minimal + the Commercial Tenancies Act is more landlord friendly than the RTA! This offering provides easy low hassle income in a prime spot w/ everlasting visibility directly across from the Tim Horton's drive thru! Plus, the potential 2 new EV chargers (currently in the approval phase) could generate even more income! 10+ all around!

Listing Details

Listed
October 15, 2025

Price History

Listing history

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Property

Age
16-30
Lot Size
1.01 Acres

Location & Legal

Cross Street
Oak Street
Zoning
C2
Parcel Number
438600001
Possession
1-29 days

Commercial

Occupancy
Tenant
Rental Term
12-36 months

Community

Postal area N0M

Population
69,177
Private dwellings
32,011
Median age
46
Average household size
2.5
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Lambton Shores · last 12 months

Median sold price
$622,500
Homes sold
201
Median days on market
38
Sale-to-list price
94.8%

Based on 201 recorded sales of commercial properties in Lambton Shores over the last 12 months.

Listed by

ROYAL LEPAGE TRILAND REALTY

Walk Score

65

Walk

55

Bike

Scores by Walk Score®

Location

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