For saleMLS® X13749012

1 - 37 ONTARIO Street N, Lambton Shores, ON N0M 1T0

Grand Bend, Lambton Shores · Near Oak Street · View map

$1,350,000
9000Sq ft
Commercial retailType
NoneParking
$1,350,000
FreeholdNo monthly condo fee

About this home

**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! In search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT commercial condo w/ 26 YR tenant on a BRAND NEW 5 YR TRIPLE NET LEASE (commencing Sept 15, 2026) provides reliable fixed term income generating $81K per yr for the first 3 yrs & $85.5K on the last 2 years, w/ the TMI covering everything else & 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 the stock market/equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 3 to 5 yrs, all simultaneous to 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 5 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 is now fostering a rapidly growing customer base for the year round commercial tenant 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! 10+ all around!

The home

Type
Commercial retail
Square footage
9000 sq ft
Approximate age
16-30 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2025
Occupancy
Tenant
Possession
Immediate
Cross street
Oak Street
Neighbourhood
Grand Bend

More

MLS® number
X13749012

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Want to know something that isn’t listed?
Estimated monthly cost$6,289per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    37 ONTARIO Street, Lambton Shores, ON N0M 1T0

    Grand Bend, Lambton Shores · Near Oak Street

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    Sold history

    Listing history for 37 ONTARIO Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

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    Questions & answers

    Frequently asked questions about 1 - 37 ONTARIO Street N

    Answers come straight from this home’s MLS® listing.

    How much is 1 - 37 ONTARIO Street N listed for, and what would it cost each month?

    1 - 37 ONTARIO Street N is listed for $1,350,000. With 20% down ($270,000), the mortgage payment would be roughly $5,446 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,289 a month, all in. That figure is an illustration, not a quote.

    Is 1 - 37 ONTARIO Street N freehold or a condo, and is there a monthly fee?

    1 - 37 ONTARIO Street N is a commercial retail in Grand Bend, Lambton Shores. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 1 - 37 ONTARIO Street N have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 1 - 37 ONTARIO Street N?

    1 - 37 ONTARIO Street N is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 1 - 37 ONTARIO Street N heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    Where is 1 - 37 ONTARIO Street N?

    1 - 37 ONTARIO Street N is in the Grand Bend community of Lambton Shores. The nearest main intersection is Oak Street. The postal code is N0M 1T0.

    Is 1 - 37 ONTARIO Street N still for sale?

    Yes. It is an active listing (MLS® X13749012). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1 - 37 ONTARIO Street N asking?

    Similar properties for sale nearby right now include 7196 Outer Drive at $1,200,000, 94 King Street E at $1,588,000 and 97 Main Street S at $988,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 37 ONTARIO Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1 - 37 ONTARIO Street N?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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