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47 Ontario Street Lambton Shores ON

📍 Lambton Shores, Ontario N0M 1T0

$3,100,000

Active
98.66×241.04LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12481192
ListedOct 24, 2025
Days on Market—
Property TypeCommercial
StyleCommercial Retail
Cross StreetONTARIO ST N & OAK ST
PossessionFlexible
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📝 Listing Description

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.

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail

📐 Lot & Land

Lot Width98.66 ft
Lot Depth241.04 ft
Lot Size0.68 sqft
Cross StreetONTARIO ST N & OAK ST

🔧 Building & Utilities

HeatingBaseboard
CoolingYes
GarageNone

💰 Financial

List Price$3,100,000
Annual Taxes$16,742 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$620,000
Est. Monthly Payment
$15,229/mo
Principal: $2,480,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by SUTTON GROUP - SELECT REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12481192 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.