37 ONTARIO Street Unit 1

ActiveLambton Shores156 days on marketMLS® X12463426

$1,450,000

$161 / sq ft

Bedrooms0

Bathrooms0

Interior9,000 sq ft

Lot Size1 sq ft

TypeCommercial

ListingFor Sale

Days on Market156

About this property

**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 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!

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12463426
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	9,000 sq ft
Lot Size	1 sq ft
Beds / Baths	0 bed · 0 bath
City	Lambton Shores
Postal Code	N0M 1T0
Province	ON
Listed Date	March 4, 2026
Days on Market	156
Price per Sq Ft	$161
Brokerage	ROYAL LEPAGE TRILAND REALTY