34 Ontario Street
Lambton Shores, ON
- 5 bed
- 4 bath
- approx. 1500-2000 sqft
- Fourplex
6.28% CAP RATE! Strategically positioned within the high-traffic C2-zoned corridor of Grand Bend, 34 Ontario Street South offers premium highway exposure and established signage infrastructure in a high-visibility area. This versatile property features four fully tenanted units with a history of consistent occupancy, complemented by excellent frontage and on-site parking. Its location is a primary asset, situated just 950 meters from the Grand Bend Main Beach and even closer to the vibrant downtown core, ensuring high pedestrian and vehicle traffic essential for long-term commercial viability. With the majority of units having undergone recent renovations to support a streamlined management profile, this property provides a solid foundation for existing revenue streams and future redevelopment within one of the region's most active growth corridors. Detailed financial information and lease summaries are available upon request for qualified inquiries. Any plans for mixed-use or future redevelopment should be confirmed directly with the Municipality of Lambton Shores, and the buyer is advised to verify all permitted uses, square footage, and financial representations.
Virtual Tour
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Listing Details
- Taxes (2025)
- $6,522
- Originally Listed
- $669,900
- Listed
- May 3, 2026
Price History
Listing history
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Property
- Style
- 1 1/2 Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Water Heater
- Lot Size
- 59.05 x 98.07 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Ontario Street South
- Zoning
- C1 2
- Parcel Number
- 434440255
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Exclusions
- tenant belongings
- Rental Items
- Hot water heater
Schools
Secondary
- North Lambton Secondary School0.5 km
Public · Lambton Kent DSB · 575 students
Grade 10 literacy: 83% met the provincial standard
Elementary
- St John Fisher Catholic School0.5 km
Catholic · St Clair CDSB · 325 students
Grade 3 reading: 91% met the provincial standard · Grade 6 math: 81% met the provincial standard
- Kinnwood Central Public School1 km
Public · Lambton Kent DSB · 300 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 46% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Lambton Shores · last 12 months
- Median sold price
- $615,000
- Homes sold
- 199
- Median days on market
- 38
- Sale-to-list price
- 95.1%
Based on 199 recorded sales of residential freehold properties in Lambton Shores over the last 12 months.
Rooms
3-piece on Main, 3-piece on Second, 3-piece on Basement, 3-piece on Ground
Second
- Bathroom8'6" x 5'1"
- Bedroom9'5" x 15'2"
- Kitchen7'5" x 8'
- Living Room20'5" x 25'2"
Main
- Bathroom8'6" x 14'3"
- Bedroom10'8" x 10'6"
- Bedroom12'6" x 10'9"
- Kitchen13'9" x 10'6"
- Living Room21' x 15'3"
Ground
- Bathroom6'2" x 6'3"
- Bedroom7'11" x 9'3"
- Kitchen7'10" x 6'3"
- Living Room8'7" x 19'2"
Basement
- Bathroom7'5" x 6'5"
- Bedroom13'9" x 10'6"
- Kitchen12'8" x 10'6"
- Living Room30'2" x 29'4"
Listed by
PRIME REAL ESTATE BROKERAGE
Walk Score
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Location
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Mortgage Calculator
$119,800
Estimated Monthly Payment
$2,943
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $2,943/mo (20% down, 5.5%)
Taxes: $543/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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