Price ChangeFor Sale

41 & 45 Ontario Street S
Lambton Shores, Lambton, ON, N0M 1T0

Investment
TRREB
MLS® Number: X12051414
$1,975,000List Price
InvestmentProperty Type
28,740 sq ftSize
$5,314.82 / 2024Taxes (Annual)
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PRICE CHANGED
$1,975,000
Previously Listed For:
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Listing History

Buy/sell history for 41 & 45 Ontario Street S, Lambton Shores, ON N0M 1T0

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Description

Prime Commercial Opportunity with Development PotentialOffered for the first time in 50-years, this rare combined offering of 41 & 45 Ontario Street South in the heart of Grand Bend presents an exceptional opportunity for investors, developers, or entrepreneurs seeking a high-visibility location just a short walk to the beach and steps from the vibrant downtown core. The property spans approximately 214 feet of street frontage along one of Grand Bends main arteries, with a combined lot size of approximately 0.66 acres. The zoning is C-2 Commercial, allowing for a diverse range of uses including retail, restaurant, personal services, and mixed-use residential developments. Lambton Shores Official Plan supports medium-density residential development, with up to 30 residential units per acre for "multiple dwellings", creating a significant opportunity for those looking to tap into Grand Bends growing housing demand. The main parcel at 41 Ontario St. S. features a well-built and thoughtfully updated residential home, offering immediate use or rental potential. A detached single-car garage adds additional flexibility. The adjacent parcel at 45 Ontario St. S. includes an additional garage structure and expands the overall frontage, enhancing the sites visibility, development efficiency, and value. Whether you're envisioning a vibrant live-work concept, boutique retail-residential complex, or a multi-unit development, this contiguous parcel offers the space, zoning flexibility, and strategic location to bring your vision to life. Grand Bend continues to see strong growth, with increased demand for housing and services, and an increasingly business-friendly environment supported by streamlined permitting and community initiatives. Investors will appreciate the high-traffic location, strong local and seasonal foot traffic, and access to major transportation routes.

Features

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Amenities

No amenities available

Summary

Tax (Annual):$5,314.82 / 2024
Listing #:X12051414
Property Type:Investment
Building Age:51-99
Size:28,740 sq ft
Land Size:214 x 132
Days on CPRB:
Garage:Single Detached
Locker:None
On CPRB Since:
Listing Brokerage:CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Details

Property

Property Type:Investment
Community:Grand Bend
Municipality:Lambton

Building

Size:28,740 sq ft
Building Age:51-99

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Single Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Lake Rd & Ontario St.

$1,975,000

List price

41 & 45 Ontario Street S, Lambton Shores – Investment for sale