MLS: X13749012 Date listed: 2026-09-05
Unit 1 - 37 ONTARIO St N Lambton Shores - Grand Bend
Commercial/Retail For sale
Listed for $ 1,350,000

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- BEDS
- BATH
9000 SQ. FT.
0 GARAGE
See apartment on the map
- BEDS
- BATH
9000 SQ. FT.
0 GARAGE

Description

Listed by ROYAL LEPAGE TRILAND REALTY

**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! In search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT commercial condo w/ 26 YR tenant on a BRAND NEW 5 YR TRIPLE NET LEASE (commencing Sept 15, 2026) provides reliable fixed term income generating $81K per yr for the first 3 yrs & $85.5K on the last 2 years, w/ the TMI covering everything else & 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 the stock market/equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 3 to 5 yrs, all simultaneous to 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 5 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 is now fostering a rapidly growing customer base for the year round commercial tenant 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! 10+ all around!

Key Facts:

Property Type: Commercial/Retail
Building Age: 16-30 years
Sq. ft. size 9000 sq. ft.
Lot Irregularities: UNIT 1, LEVEL 1, LAMBTON STANDARD CONDOMINIUM PLAN NO. 60 AND ITS APPURTENANT INTEREST SUBJECT TO AND TOGETHER WITH EASEMENTS AS SET OUT IN SCHEDULE A AS IN LA65115 MUNICIPALITY OF LAMBTON SHORES
Basement: N
Listing #: X13749012
Days on Site: 59 days
Status Change: 59 days ago
Added to CiRealty: 2026-09-05
Updated on: 2026-09-05
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for Unit 1 - 37 ONTARIO St N, Lambton Shores. Listed for $1,350,000 on 2026-09-05
Property
Property Type: Commercial/Retail
Style: Commercial Condo
Community: Grand Bend
Municipality: Lambton Shores
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Forced Air Closd
Building
Size: 9000 sq. ft.
Building Age: 16-30 years
Parking
Garage Type: None
Land
Cross Street: Oak Street
Property
Property Type: Commercial/Retail
Style: Commercial Condo
Community: Grand Bend
Municipality: Lambton Shores
Building
Size: 9000 sq. ft.
Building Age: 16-30 years
Parking
Garage Type: None
Land
Cross Street: Oak Street
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Forced Air Closd
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