Your Next Move

Find a REALTOR® Find my Dream Home What’s my Home Worth?
1 - 37 ONTARIO STREET N Lambton Shores

1 - 37 ONTARIO STREET N, Lambton Shores

$1,499,900

9,000 Square Feet
**ATTENTION INVESTORS** scoop up an easy 6 CAP with this hassle free GRAND BEND income opportunity just steps to the 3rd best beach in Canada & situated in a high traffic location in one of the fastest growing rural towns in the country! Attention investors in search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT 3-UNIT/TRIPLE TENANT commercial condo provides reliable fixed term income across 3 separate units generating just over $90K per yr collectively on 3 separate term leases, all NET NET agreements, with the healthy TMI/CAM (an additional $61K + UTILITIES) leaving the owner with ZERO expenses per yr! As most savvy income-minded investors are aware, successful business tenants in a growing community are likely a safer bet than equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 36 months, all simultaneous to more & more families & younger generational buyers migrating to the beach for year round living! Bottom line, the smart money is recognizing this trend & its here in Grand Bend. During the past 4 years alone, there has been approximately 10 X more capital invested on individual property sales for development & investment purposes on commercial & mixed use properties in Grand Bend than the total amount spent on such land & buildings in the previous 20 yrs COMBINED! Why is all of this so crucial for a commercial income property like this one? Because, these trends result in stronger customer bases for the year round commercial tenants at this excellent location! And w/ commercial tenancy, landlord's upkeep responsibilities are minimal + the Commercial Tenancies Act is more landlord friendly than the RTA! This offering provides easy low hassle income in a prime spot w/ everlasting visibility directly across from the Tim Horton's drive thru! Plus, the potential 2 new EV chargers (currently in the approval phase) could generate even more income! 10+ all around! (id:58875)
  • Listing ID: X11940174
  • Property Type: Retail
View Additional Photos

Schedule a Tour

Schedule a showing today, it is free, with no obligation. Cancel any time.

Make an Offer
Book a Showing
Get More Information

Talk to a Home Lifestyle Matchmaker

Use our neighbourhood guide to score the perfect match between your lifestyle and home. When ready to buy, we will put you in touch with the listing agent who specializes in Lambton Shores.

Details

  • Amenities Nearby: Highway, Recreation
  • Transaction: For sale
  • Zoning Description: C2

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 9000 sqft
  • Type: Retail
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Recreation

REALTOR® MLS®
Listing provided by ROYAL LEPAGE TRILAND REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

Powered by REALTOR®
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.

Request More Information

Want more information or schedule a showing? Let us put you in touch with the listing agent who specializes in .

    Are you under contract with a real estate agent or REALTOR®?
    YesNo

    You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

    This property for sale is located at 1 - 37 ONTARIO STREET N in Lambton Shores. It was last modified on January 27th 2025. Let us connect you with the listing agent to schedule a viewing or to discover other Lambton Shores properties for sale.

    Mike Sloan - Sales Representative

    Mike Sloan

    Sales Representative

    Terms of Use Agreement

    Terms of Use
    This website is operated by Royal LePage® Triland Realty, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage® Triland Realty, and CREA.

    Copyright
    The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

    Trademarks
    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

    Liability and Warranty Disclaimer
    The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

    Amendments
    Royal LePage® Triland Realty may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

    AgreeDecline

    Make an Offer

      Are you under contract with a real estate agent or REALTOR®?YesNo

      You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

      Your Offer

      Do you want to view this property first?YesNo

      Do you want to waive all conditions?YesNo

      Request an In-house Showing

        Are you under contract with a real estate agent or REALTOR®?YesNo

        You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

        Are you a real estate agent or REALTOR®?YesNo

        When are you available?

        Request More Information

          Are you under contract with a real estate agent or REALTOR®?
          YesNo

          You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

          Let us find a Property to Match your Lifestyle

            Your Lifestyle Characteristics

            Are you under contract with a real estate agent or REALTOR®?

            YesNo

            You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

            Schedule an In-house Tour

              Not already working with a REALTOR®? If you are not working with a real estate agent, you can schedule a private viewing to tour this property with one of our professionals.

              Are you under contract with a real estate agent or REALTOR®?YesNo

              You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

              Are you a real estate agent or REALTOR®?YesNo