41 & 45 ONTARIO STREET S, Lambton Shores (Grand Bend)
$1,950,000
For sale: Other
- Property type
- Investment
- MLS®
- MLS® X12950090
- Neighbourhood
- Grand Bend
41 & 45 Ontario Street South, Grand Bend - Prime Commercial Opportunity with Development Potential Offered 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 Bend's 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 Bend's 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 site's 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.
Sold data
Homes in Grand Bend — recent sold market
Homes in Grand Bend took a median of 35 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 78 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 $891,078.
Homes sold for about 4.5% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
- Median days to sell
- 35
- Median sale price
- $891,079
- Sale-to-list ratio
- 95.5%
- Sold above asking
- 9%
Based on 78 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
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