For saleMLS® X12950090

41 & 45 Ontario Street S, Lambton Shores, ON N0M 1T0

Grand Bend, Lambton Shores · Near Lake Rd & Ontario St. · View map

$1,950,000
28740Sq ft
InvestmentType
Single DetachedGarage
NoneParking
$5,315/yrTaxes
$1,950,000
FreeholdNo monthly condo fee
Single Detached garageFrom the listing
Lot 214 x 132 ftThe land comes with the home

About this home

41 & 45 Ontario Street South, Grand Bend - Prime Commercial Opportunity with Development Potential Offered for the first time in 50-years, this rare combined offering of 41 & 45 Ontario Street South in the heart of Grand Bend presents an exceptional opportunity for investors, developers or entrepreneurs seeking a high-visibility location just a short walk to the beach and steps from the vibrant downtown core. The property spans approximately 214 feet of street frontage along one of Grand Bend's main arteries, with a combined lot size of approximately 0.66 acres. The zoning is C-2 Commercial, allowing for a diverse range of uses including retail, restaurant, personal services, and mixed-use residential developments. Lambton Shores' Official Plan supports medium-density residential development, with up to 30 residential units per acre for "multiple dwellings", creating a significant opportunity for those looking to tap into Grand Bend's growing housing demand. The main parcel at 41 Ontario St. S. features a well-built and thoughtfully updated residential home, offering immediate use or rental potential. A detached single-car garage adds additional flexibility. The adjacent parcel at 45 Ontario St. S. includes an additional garage structure and expands the overall frontage, enhancing the site's visibility, development efficiency, and value. Whether you're envisioning a vibrant live-work concept, boutique retail-residential complex, or a multi-unit development, this contiguous parcel offers the space, zoning flexibility, and strategic location to bring your vision to life. Grand Bend continues to see strong growth, with increased demand for housing and services, and an increasingly business-friendly environment supported by streamlined permitting and community initiatives. Investors will appreciate the high-traffic location, strong local and seasonal foot traffic, and access to major transportation routes.

The home

Type
Investment
Square footage
28740 sq ft
Lot size
214 x 132 ft
Approximate age
51-99 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Garage
Single Detached
Total parking
None

Taxes & other

Property taxes
$5,315/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible Closing
Cross street
Lake Rd & Ontario St.
Neighbourhood
Grand Bend

More

MLS® number
X12950090

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Want to know something that isn’t listed?
Estimated monthly cost$8,309per month, all in
  • Mortgage
  • Property tax

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.

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    41 & 45 Ontario Street, Lambton Shores, ON N0M 1T0

    Grand Bend, Lambton Shores · Near Lake Rd & Ontario St.

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    Sold history

    Listing history for 41 & 45 Ontario Street

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

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 41 & 45 Ontario Street S

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

    How much is 41 & 45 Ontario Street S listed for, and what would it cost each month?

    41 & 45 Ontario Street S is listed for $1,950,000. With 20% down ($390,000), the mortgage payment would be roughly $7,866 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,309 a month, all in. That figure is an illustration, not a quote.

    Is 41 & 45 Ontario Street S freehold or a condo, and is there a monthly fee?

    41 & 45 Ontario Street S is a investment 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 41 & 45 Ontario Street S have a garage and parking?

    Yes. The listing shows the garage as single detached. The listing does not include a parking space.

    What style of home is 41 & 45 Ontario Street S?

    41 & 45 Ontario Street S is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 41 & 45 Ontario Street S, and what is the lot size?

    The lot is listed as 214 x 132 ft.

    How is 41 & 45 Ontario Street S heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 41 & 45 Ontario Street S?

    Property taxes are $5,315 a year (2025), or about $443 a month.

    Where is 41 & 45 Ontario Street S?

    41 & 45 Ontario Street S is in the Grand Bend community of Lambton Shores. The nearest main intersection is Lake Rd & Ontario St.. The postal code is N0M 1T0.

    Is 41 & 45 Ontario Street S still for sale?

    Yes. It is an active listing (MLS® X12950090). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 41 & 45 Ontario Street S asking?

    Similar properties for sale nearby right now include 71 Main Street at $1,799,900, 94 King Street E at $1,588,000 and 89 Gill Road at $1,620,000 (2+3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 41 & 45 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 41 & 45 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.

    *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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