34 ONTARIO STREET S
Lambton Shores (Grand Bend), Ontario
MLS® X13081238
$599,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13081238
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- —
1 / 44Listing description
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 summary
- MLS® number
- X13081238
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 59.1 x 98.1 FT
- Annual property taxes
- $6,521.98
- Parking
- 5 spaces · No Garage
- Days on market
- 136 days
Features & details
- Heating
- Forced air, Natural gas, Other, Other
- Cooling
- Wall unit
- Basement
- Finished, Full, Apartment in basement, Walk out, N/A, N/A
- Appliances
- Water Heater
- Exterior features
- Brick
- Community features
- School Bus
- View
- River view
What would this home cost you?
Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of PRIME REAL ESTATE BROKERAGE, LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.