34 Ontario Street South, Lambton Shores (Grand Bend), Ontario N0M1T0

Listing courtesy of PRIME REAL ESTATE BROKERAGE.

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,000
Price Change
▼ $20,000 1788311134
MLS®
X13081258
Days on Market
153
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
2,492
Lot Size Dimensions
0.13
Lot Size
5,662
Subdivision
Grand Bend

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. (id:5764)

Additional Information

Subdivision
Grand Bend
Cooling
Partially air conditioned
Country
Canada
Sewer
Sanitary sewer
Heating
Other
Lot Size
5,662

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks