1 - 37 ONTARIO STREET N, Lambton Shores (Grand Bend)
$1,350,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13749012
- Neighbourhood
- Grand Bend
**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!
Sold data
Homes in Grand Bend — recent sold market
Homes in Grand Bend took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 85, across 79 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 86 days.
The median sale price was $884,900.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
- Median days to sell
- 34
- Median sale price
- $884,900
- Sale-to-list ratio
- 95.7%
- Sold above asking
- 9%
Based on 79 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 1 - 37 ONTARIO STREET N
$1,099,900
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