4 - 40 Ontario Street
Lambton Shores, ON
- 3 bed
- 2 bath
- approx. 1200-1399 sqft
- Condo Townhouse
Welcome to Village on the Ausable, a sought-after riverfront condominium development in the heart of Grand Bend. The river views from both the interior and exterior of this prime end unit are incredible! Step inside to an airy, open-concept main floor. This beautiful year round home or cottage has undergone several thoughtful, modern updates on both levels. The massive kitchen is perfect for entertaining, featuring quality quartz countertops and sleek custom cabinetry. The spacious living area-anchored by a cozy gas fireplace-flows seamlessly out to a private, glass-railed deck. It is the absolutely perfect vantage point for outdoor dining, relaxing, and watching the boats glide past. Three spacious upper-level bedrooms provide plenty of room for family, guests, or a home office. The complex's sprawling, manicured grounds include exceptional amenities such as a saltwater pool, gazebo, fire pit, bike and kayak racks, and boat docking along the charming boardwalk fronting the property. Village on the Ausable is in a great location: you're just a short walk away from beaches, restaurants, shopping, and downtown amenities. Imagine spending the perfect day on a gorgeous stretch of Lake Huron beach, easily accessible by foot, paddleboard, or boat. You return at the end of the day to view the world-class sunsets this area is known for. A short drive gets you to Pinery Provincial Park, golf courses, wineries, breweries, and so much more. Whether you are looking to downsize in style or find the ultimate waterfront getaway, this spectacular, maintenance-free unit is ready for you to move right in and enjoy the fantastic lifestyle this region has to offer! (Note: Condo owners receive an annual first right of refusal for any available dock space for a fee. At the time of listing, there are currently two boat slips available.)
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Listing Details
- Taxes (2026)
- $3,235
- Listed
- September 9, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Interior
- Carpet Free, On Demand Water Heater, Water Heater Owned, Water Purifier
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Lake Road
- Parcel Number
- 438230012
- Possession
- Flexible
- Occupancy
- Owner
Condo
- Maintenance Fee
- $590/month
- Fee Includes
- Building Insurance Included, Parking Included, Common Elements Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
- Amenities
- Communal Waterfront Area, BBQs Allowed, Outdoor Pool, Visitor Parking, Bike Storage
Included
- Inclusions
- Refrigerator, Built-In Microwave, Dishwasher, Stove, Washer, Dryer, Water Filtration System, On-Demand Hot Water Heater, Window Blinds
Waterfront
- Water Body
- Ausable River
- Shoreline
- Unknown
- Docking
- Private
Schools
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 School1.1 km
Public · Lambton Kent DSB · 300 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 46% met the provincial standard
Secondary
- North Lambton Secondary School0.6 km
Public · Lambton Kent DSB · 575 students
Grade 10 literacy: 83% 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 Condo & Other in Lambton Shores · last 12 months
- Median sold price
- $615,000
- Homes sold
- 195
- Median days on market
- 38
- Sale-to-list price
- 95.0%
Based on 195 recorded sales of residential condo & other properties in Lambton Shores over the last 12 months.
Rooms
5-piece on Upper, 2-piece on Main
Upper
- Bedroom 29'5" x 13'7"
- Bedroom 310'2" x 9'2"
- Primary Bedroom16'6" x 12'
Main
- Foyer9'5" x 6'9"
- Kitchen13'8" x 16'4"
- Laundry6'6" x 5'3"
- Living Room16'9" x 19'2"
Listed by
EXP REALTY
Walk Score
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Location
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Mortgage Calculator
$111,980
Estimated Monthly Payment
$2,751
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,751/mo (20% down, 5.5%)
Taxes: $270/mo · Insurance: $140/mo
Maint: $590/mo
Estimates only. Consult a financial advisor.
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