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, efficiently operated, and fully tenanted, 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 isa 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.
Address
47 Ontario Street N
List Price
$3,100,000
MLS® Status
Extension
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Lambton Shores
Sub-Area
Grand Bend
Region
Lambton
Lot Size Source
GeoWarehouse
Lot Depth
241.04
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
98.66
Parcel Number
434420085
Total Building Area
0.679
Occupant Type
Tenant
Cross Street
ONTARIO ST N & OAK ST
MLS® Number
X12481204
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Postal Code
N0M 1T0
Posession Details
FLEXIBLE
Tax Amount
$16,742.00
Tax Year
2025
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Type
Baseboard
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 404 PL 24 STEPHEN AS IN L900144; S/T L632553 MUNICIPALITY OF LAMBTON SHORES
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