47 Ontario St N

For Sale New 25 hours
$3,100,000
beds
baths

47 Ontario St N

For Sale New 25 hours
$3,100,000
beds
baths

Highlights

Key insights

Description

Positioned in the heart of Grand Bend, this mixed-use property presents a rare opportunity to acquire a versatile income-producing asset in one of Southwestern Ontario's most desirable beach towns. The site features a strong mix of income streams, including two commercial units, eight residential apartments, and a series of self-storage units, each contributing to a balanced and dependable revenue profile. Set in a prime, high-visibility location within walking distance to the beach, shops, and amenities, this property benefits from both steady local demand and the area's expanding year-round population. The residential units are well-sized and functional, while the commercial spaces cater to a variety of retail or service-based tenants. The self-storage component adds a low-maintenance income layer and further diversifies the property's cashflow. With Grand Bend continuing to see strong growth in tourism, residential development, and local business activity, this asset is strategically positioned for long-term appreciation. Well-maintained, efficiently operated, and fully tenanted, it's a compelling option for investors seeking stability, income diversity, and upside in a thriving lakeside community. Located on the shores of Lake Huron, Grand Bend isa highly regarded and fast-growing community within Lambton Shores, recognized for its strong tourism economy and expanding year-round population base. Long established as one of Ontario's premier beach destinations, Grand Bend has evolved into a balanced local market with stable residential demand and a diverse commercial environment that supports hospitality, retail, and professional services. (id:63267)

JON BAKER of PRIME REAL ESTATE BROKERAGE,
#X12481204
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Cooling
    Fully air conditioned
  • Heat type
    Baseboard heaters
Location
  • Subdivision
    Grand bend
  • Directions
    2106022
Lot/ Land Details
  • Lot dimensions
    0.679
Overview
  • Lot size (acres)
    0.68
  • Listing #
    X12481204
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29030474/47-ontario-street-n-lambton-shores-grand-bend-grand-bend
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-8,267

/ Month
25 Years fixed, 20% down payment, % interest
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