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(416) 919-7107
Real Estate Company
34 Ontario Street S, Lambton Shores, ON N0M 1T0
- $599,000
- 5
- BD
- 4
- BA
- 1,500
- SqFt
- List Price
- $599,000
- MLS#
- X13081238
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Fourplex
- Style
- 1 1/2 Storey
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- Lambton Shores
- Area
- Lambton
- Neighborhood
- Grand Bend
- Subdivision
- Ontario Street South
Property 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.
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Additional Information
- Taxes
- $6,521
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Other, Wall Unit(s)
- Family Room
- Yes
- Kitchens
- 4
- Exterior
- Brick
- Waterfront Type
- Indirect
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 5
- Parking Type
- Private
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Listing courtesy of SUTTON GROUP - SELECT REALTY INC..