1 - 37 ONTARIO Street
Lambton Shores, ON
- 9,000 sqft
- Commercial Retail
- 108 days on market
**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 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
- May 15, 2026
Price History
Listing history
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Property
- Age
- 16-30
- Lot Size
- 1.01 Acres
Parking
- Garage
- None
Location & Legal
- Cross Street
- Oak Street
- Zoning
- C2
- Parcel Number
- 438600001
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- 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
- $618,750
- Homes sold
- 198
- Median days on market
- 37
- Sale-to-list price
- 94.9%
Based on 198 recorded sales of commercial properties in Lambton Shores over the last 12 months.
Listed by
ROYAL LEPAGE TRILAND REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 9,000 sq ft
- Price per sq ft
- $150.00
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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