$1,350,000
37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0
Lambton Shores
- Square feet
- 9,000
- Type
- Commercial Retail
About this listing
**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 over $90K per yr collectively on 3 separate term leases, all leased (NET NET on part), w/the healthy TMI/CAM (an additional $60K + UTILITIES) leaving the owner w/ 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!
Property details
- Price per sqft
- $150
- Days on market
- 8 days
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
- Approximate age
- 16-30
Payment calculator
- Mortgage amount
- $1,080,000
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
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Walkability, transit, and bike-friendliness for 37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0
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MLS# X13137424
Listed by ROYAL LEPAGE TRILAND REALTY
On market since May 15, 2026
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About 37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0
How much is 37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0?
37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0 is listed for $1,350,000 CAD.
What type of property is 37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0?
37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0 is a Commercial Retail, 9,000 sq ft.
What neighbourhood is 37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0 in?
37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0 is in Lambton Shores, Ontario.
Is 37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0 for sale or for rent?
37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0 is currently for sale.
How do I book a showing for 37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0?
Contact Alex Morgan at +16471112222 to arrange a private showing of 37 ONTARIO Street N 1, Lambton Shores, ON N0M 1T0 (MLS# X13137424). You can also send a message through the contact form on this site.