Jag Patel
Broker
$3,100,000
Available - For Sale
Listing ID: X12481199
47 Ontario Street North , Lambton Shores, N0M 1T0, Lambton
| 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 cashflow. 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 and efficiently operated, 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 is a 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. |
| Price | $3,100,000 |
| Taxes: | $16742.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 47 Ontario Street North , Lambton Shores, N0M 1T0, Lambton |
| Postal Code: | N0M 1T0 |
| Province/State: | Lambton |
| Legal Description: | PT LT 404 PL 24 STEPHEN AS IN L900144; S |
| Directions/Cross Streets: | ONTARIO ST N & OAK ST |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Self Storage |
| Building Percentage: | T |
| Total Area: | 0.68 |
| Total Area Code: | Acres |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Hours Open: | 24 |
| Employees #: | 2 |
| Seats: | 0 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | None |
| Central Air Conditioning: | Yes |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Lambton |
| Municipality: | Lambton Shores |
| Neighbourhood: | Grand Bend |
| Tax: | $16,742 |
| Fireplace: | N |
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