34 Ontario Street
Lambton Shores, ON
- 2,492 sqft
- Investment
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.
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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
- Lot Size
- 59.05 x 98.07 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Ontario Street South
- Zoning
- C1 2
- Parcel Number
- 434440255
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- Exclusions
- tenant belongings
- Rental Items
- Water heater
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
- $613,500
- Homes sold
- 196
- Median days on market
- 38
- Sale-to-list price
- 95.1%
Based on 196 recorded sales of commercial properties in Lambton Shores over the last 12 months.
Listed by
PRIME REAL ESTATE BROKERAGE
Walk Score
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Location
Street View
Commercial figures
- Building area
- 2,492 sq ft
- Price per sq ft
- $240.37
- Annual property tax
- $6,522
- Tax per sq ft
- $2.62
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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