34 Ontario Street S, Lambton Shores, ON N0M 1T0
Grand Bend, Lambton Shores · Near Ontario Street South · View map
About this home
6.28% CAP RATE! Strategically positioned within the high-traffic C2-zoned corridor of Grand Bend, 34 Ontario Street South offers premium highway exposure and established signage infrastructure in a high-visibility area. This versatile property features four fully tenanted units with a history of consistent occupancy, complemented by excellent frontage and on-site parking. Its location is a primary asset, situated just 950 meters from the Grand Bend Main Beach and even closer to the vibrant downtown core, ensuring high pedestrian and vehicle traffic essential for long-term commercial viability. With the majority of units having undergone recent renovations to support a streamlined management profile, this property provides a solid foundation for existing revenue streams and future redevelopment within one of the region's most active growth corridors. Detailed financial information and lease summaries are available upon request for qualified inquiries. Any plans for mixed-use or future redevelopment should be confirmed directly with the Municipality of Lambton Shores.
The home
- Type
- Fourplex
- Style
- 1 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 17
- Basement
- Apartment, Full, Finished with Walk-Out
- Lot size
- 59.1 x 98.1 ft
- Faces
- West
- View
- Downtown, River
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Wall Unit(s)
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
- Parking features
- Private
Taxes & other
- Property taxes
- $6,522/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- FLEXIBLE
- Cross street
- Ontario Street South
- Neighbourhood
- Grand Bend
More
- Price per sq ft
- ~$342 (at 1,750 sq ft)
- MLS® number
- X14147092
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The home and its surroundings
- Water Heater
- Beach
- Campground
- Electric Car Charger
- Marina
- School
- School Bus Route
- Landscaped
- Year Round Living
- Porch
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
34 Ontario Street, Lambton Shores, ON N0M 1T0
Grand Bend, Lambton Shores · Near Ontario Street South
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Listing history for 34 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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Frequently asked questions about 34 Ontario Street S
Answers come straight from this home’s MLS® listing.
How much is 34 Ontario Street S listed for, and what would it cost each month?
34 Ontario Street S is listed for $599,000. With 20% down ($119,800), the mortgage payment would be roughly $2,416 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,960 a month, all in. That figure is an illustration, not a quote.
Is 34 Ontario Street S freehold or a condo, and is there a monthly fee?
34 Ontario Street S is a fourplex 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.
How many bedrooms and bathrooms does 34 Ontario Street S have?
34 Ontario Street S has 5 bedrooms and 4 bathrooms. The listing gives the style as 1 1/2 storey.
Does 34 Ontario Street S have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
Does 34 Ontario Street S have a finished basement?
The listing describes the basement as apartment, full, finished with walk-out. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 34 Ontario Street S?
34 Ontario Street S is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 34 Ontario Street S, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 59.1 x 98.1 ft.
How is 34 Ontario Street S heated and cooled?
Heating is forced air (gas). Cooling is wall unit(s).
What are the property taxes for 34 Ontario Street S?
Property taxes are $6,522 a year (2025), or about $543 a month.
Where is 34 Ontario Street S?
34 Ontario Street S is in the Grand Bend community of Lambton Shores. The nearest main intersection is Ontario Street South. The postal code is N0M 1T0.
Is 34 Ontario Street S still for sale?
Yes. It is an active listing (MLS® X14147092). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 34 Ontario Street S asking?
Similar properties for sale nearby right now include 34 Ontario Street S at $599,000, 7 Union Street W at $599,900 (4 bed) and 55 MAIN Street S at $575,000 (6 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 34 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 34 Ontario Street S?
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.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.