Gurvinder Nokwal REALTOR®
For Sale Fourplex 168 days on market

$599,000 ↓ $70,900 from $669,900

Est. payment $2,652/moCalculate yours

34 Ontario Street S, Lambton Shores, ON N0M 1T0

Grand Bend, Lambton Shores, ON N0M 1T0

  • 5 Beds
  • 4 Baths
  • 1,500 Sq Ft

Listing courtesy of PRIME REAL ESTATE BROKERAGE MLS® X13081238

About this home

6.28% CAP RATE! Strategically positioned within the high-traffic C2-zoned corridor of Grand Bend, 34 Ontario Street South offers premium highway exposure and established signage infrastructure in a high-visibility area. This versatile property features four fully tenanted units with a history of consistent occupancy, complemented by excellent frontage and on-site parking. Its location is a primary asset, situated just 950 meters from the Grand Bend Main Beach and even closer to the vibrant downtown core, ensuring high pedestrian and vehicle traffic essential for long-term commercial viability. With the majority of units having undergone recent renovations to support a streamlined management profile, this property provides a solid foundation for existing revenue streams and future redevelopment within one of the region’s most active growth corridors. Detailed financial information and lease summaries are available upon request for qualified inquiries. Any plans for mixed-use or future redevelopment should be confirmed directly with the Municipality of Lambton Shores, and the buyer is advised to verify all permitted uses, square footage, and financial representations.

Property details

Overview

Property Type
Fourplex
Style
1 1/2 Storey
For
For Sale
Status
Price Change
Size
1,500 sqft

Interior

Bedrooms
5
Bathrooms
4
Kitchens
4
Basement
Apartment, Full, Finished with Walk-Out

Building & Systems

Heating
Forced Air (Gas)
Cooling
Other, Wall Unit(s)
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
59.05 x 98.07 Feet
Parking
None garage · 5 total
Zoning
C1 2

Financial

Property Taxes
$6,522 (2025)

Location

Neighbourhood
Grand Bend
Cross Street
Ontario Street South
Direction Faces
West

Listing

MLS® Number
X13081238
Days on Market
168
Listed On
2026-05-03
Possession
Flexible
Listed By
PRIME REAL ESTATE BROKERAGE

Rooms

Room Level Dimensions
Bathroom Basement 7′ 5″ × 6′ 5″
Living Room Second 20′ 5″ × 25′ 2″
Bathroom Second 8′ 6″ × 5′ 1″
Bathroom Main 8′ 6″ × 14′ 3″
Bedroom Main 10′ 8″ × 10′ 6″
Kitchen Main 13′ 9″ × 10′ 6″
Living Room Main 21′ 0″ × 15′ 3″
Bedroom Basement 13′ 9″ × 10′ 6″
Bedroom Ground 7′ 11″ × 9′ 3″
Bedroom Second 9′ 5″ × 15′ 2″
Bedroom Main 12′ 6″ × 10′ 9″
Living Room Basement 30′ 2″ × 29′ 4″
Kitchen Second 7′ 5″ × 8′ 0″
Living Room Ground 8′ 7″ × 19′ 2″
Bathroom Ground 6′ 2″ × 6′ 3″
Kitchen Ground 7′ 10″ × 6′ 3″
Kitchen Basement 12′ 8″ × 10′ 6″

Features

Interior

  • Water Heater

Property

  • Beach
  • Campground
  • Electric Car Charger
  • Marina
  • School
  • School Bus Route

Pool

  • None
Excluded
tenant belongings
Rental items
Hot water heater

Mortgage calculator

Minimum for this price: $34,900 (5.83%)

Amortization, years

Estimated mortgage payment

$2,652 per month

Principal and interest
$2,652
Property tax
$543
Estimated monthly cost
$3,196

Your mortgage

Mortgage amount
$479,200
Mortgage insurance
Not needed
Interest over 25 years
$316,473

Cash to close

Down payment
$119,800
Land transfer tax
$8,455
Total, before legal fees
$128,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

34 Ontario Street S, Lambton Shores, ON N0M 1T0 Grand Bend, Lambton Shores, ON N0M 1T0
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$599,000 34 Ontario Street S, Lambton Shores, ON N0M 1T0
Request a showing