47 Ontario Street
Lambton Shores, ON
- 0.68 sqft
- Sale Of Business
- 314 days on market
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 and efficiently operated, 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 is a 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.
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Listing Details
- Taxes (2025)
- $16,742
- Listed
- October 24, 2025
Price History
Listing history
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Property
- Lot Size
- 98.66 x 241.04 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- ONTARIO ST N & OAK ST
- Zoning
- C2
- Parcel Number
- 434420085
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Self Storage
Included
- Exclusions
- Tenant belongings
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
- 197
- Median days on market
- 38
- Sale-to-list price
- 94.9%
Based on 197 recorded sales of commercial properties in Lambton Shores over the last 12 months.
Listed by
SUTTON GROUP - SELECT REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Annual property tax
- $16,742
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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