47 Ontario Street N, Lambton Shores, ON N0M 1T0
Grand Bend, Lambton Shores · Near ONTARIO ST N & OAK ST · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 0.679 sq ft
- Lot size
- 98.7 x 241 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $16,742/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- fLEXIBLE
- Cross street
- ONTARIO ST N & OAK ST
- Neighbourhood
- Grand Bend
More
- MLS® number
- X14119614
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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.
47 Ontario Street, Lambton Shores, ON N0M 1T0
Grand Bend, Lambton Shores · Near ONTARIO ST N & OAK ST
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Listing history for 47 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 47 Ontario Street N
Answers come straight from this home’s MLS® listing.
How much is 47 Ontario Street N listed for, and what would it cost each month?
47 Ontario Street N is listed for $2,999,000. With 20% down ($599,800), the mortgage payment would be roughly $12,097 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $13,492 a month, all in. That figure is an illustration, not a quote.
Is 47 Ontario Street N freehold or a condo, and is there a monthly fee?
47 Ontario Street N 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 47 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 47 Ontario Street N?
47 Ontario Street N is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 47 Ontario Street N, and what is the lot size?
The lot is listed as 98.7 x 241 ft.
How is 47 Ontario Street N heated and cooled?
Heating is baseboard. Cooling is partial.
What are the property taxes for 47 Ontario Street N?
Property taxes are $16,742 a year (2025), or about $1,395 a month.
Where is 47 Ontario Street N?
47 Ontario Street N is in the Grand Bend community of Lambton Shores. The nearest main intersection is ONTARIO ST N & OAK ST. The postal code is N0M 1T0.
Is 47 Ontario Street N still for sale?
Yes. It is an active listing (MLS® X14119614). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 47 Ontario Street N asking?
Similar properties for sale nearby right now include 85 Gill Road at $2,699,000 (3+2 bed), 29 Sauble River Road at $2,299,900 (4+1 bed) and 10195 Red Pine Road at $2,249,900 (4+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 47 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 47 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.
Similar properties nearby
More properties for sale near Grand Bend, picked by style, size and price.
Detached home$2,699,00085 Gill Road, Lambton Shores3+2 bed · 5 bath · Grand BendCourtesy of: SUTTON GROUP QUANTUM REALTY INC.View home →
Detached home$2,299,90029 Sauble River Road, Lambton Shores4+1 bed · 4 bath · Grand BendCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →
Detached home$2,249,90010195 Red Pine Road, Lambton Shores4+2 bed · 5 bath · Grand BendCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →Courtesy of: SUTTON GROUP - SELECT REALTY INC.
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.