41 & 45 Ontario Street S, Lambton Shores, ON N0M 1T0
Grand Bend, Lambton Shores · Near Lake Rd & Ontario St. · View map
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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No features listed yet.
- 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.
41 & 45 Ontario Street, Lambton Shores, ON N0M 1T0
Grand Bend, Lambton Shores · Near Lake Rd & Ontario St.
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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.
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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.
Similar properties nearby
More properties for sale near Grand Bend, picked by style, size and price.
Investment$1,799,90071 Main Street, Lambton ShoresGrand BendCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →
Sale of business$1,588,00094 King Street E, Lambton Shores4 bath · ForestCourtesy of: ROYAL LEPAGE PEACELAND REALTYView home →
Detached home$1,620,00089 Gill Road, Lambton Shores2+3 bed · 3 bath · Grand BendCourtesy of: ICI SOURCE REAL ASSET SERVICES INC.View home →Courtesy of: CHESTNUT PARK REAL ESTATE LIMITED
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.