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$2,999,000

0 Beds 0 Baths 1 SQFT 0.68 Acres
Type: Multi-Family

47 ONTARIO STREET N
Lambton Shores (Grand Bend), ON N0M1T0

MLS#: X14119614
Olenka Mallon
Olenka Mallon
Condo Digs
Sales Representative
Phone: 416.725.5293
Office: 416.203.6636
Presented by: SUTTON GROUP - SELECT REALTY INC.

Property Description

 

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 cash flow. 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. (id:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Building Heating TypeBaseboard heaters
Living Area Range1 sqft

General

Building Cooling TypePartially air conditioned
Building TypeMulti-Family
Business Sub TypeApartments
Business TypeResidential
CommunityNameGrand Bend
Location DescriptionONTARIO ST N & OAK ST
Property TypeMulti-family
Zoning DescriptionC2

Additional Details

  

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$2,999,000

0 Beds 0 Baths 1 SQFT 0.68 Acres
Type: Multi-Family

47 ONTARIO STREET N
Lambton Shores (Grand Bend), ON N0M1T0

MLS#: X14119614
Olenka Mallon
Olenka Mallon
Condo Digs
Sales Representative
Phone: 416.725.5293
Office: 416.203.6636
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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