44
$2,999,000 Sale
Listed 2 hours ago
47 Ontario Street N
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Listing History
Buy/Sell/Terminated/Expired listing history for 47 Ontario Street N
Key Facts
Key facts for 47 Ontario Street N
Property Type
Commercial
Parking
None
MLS #
X14119614
Size
-
Basement
-
Listed on
2026-10-27
Lot size
99 x 241.04
Tax
$16,742 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
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 ap...artments, 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 cash flow. 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.
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Courtesy of: SUTTON GROUP - SELECT REALTY INC.