Scout N Secure

$1,350,000

Map

37 Ontario Street North #1

Grand Bend, Lambton Shores, Ontario N0M1T0

For sale· Added

9,000 sqft

About this property

**ATTENTION INVESTORS** scoop up an easy 6 CAP with this hassle free GRAND BEND income opportunity just steps to the 3rd best beach in Canada & situated in a high traffic location in one of the fastest growing rural towns in the country! In search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT commercial condo w/ 26 YR tenant on a BRAND NEW 5 YR TRIPLE NET LEASE (commencing Sept 15, 2026) provides reliable fixed term income generating $81K per yr for the first 3 yrs & $85.5K on the last 2 years, w/ the TMI covering everything else & leaving the owner w/ ZERO expenses per yr! As most savvy income-minded investors are aware, successful business tenants in a growing community are likely a safer bet than the stock market/equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 3 to 5 yrs, all simultaneous to more families & younger generational buyers migrating to the beach for year round living! Bottom line, the smart money is recognizing this trend & its here in Grand Bend. During the past 5 years alone, there has been approximately 10 X more capital invested on individual property sales for development & investment purposes on commercial & mixed use properties in Grand Bend than the total amount spent on such land & buildings in the previous 20 yrs COMBINED! Why is all of this so crucial for a commercial income property like this one? Because, these trends is now fostering a rapidly growing customer base for the year round commercial tenant at this excellent location! And w/ commercial tenancy, landlord's upkeep responsibilities are minimal + the Commercial Tenancies Act is more landlord friendly than the RTA! This offering provides easy low hassle income in a prime spot w/ everlasting visibility directly across from the Tim Horton's drive thru! 10+ all around!

Location

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Property details

Listing

MLS® number
X13749012
Added
Sep 5, 2026 ()
Updated
Sep 5, 2026 ()
Info refreshed

Overview

Property type
Retail
Building type
Retail

Inside

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No
Features
Irregular lot size

Land

Lot area
1.012 acres
Zoning
C2

Services

Water
Municipal water

Location

Cross streets
Oak Street
Directions
Turn toward lake off HWY 21 just north of main intersection into Tim Horton's. This building is just behind it.

Running costs

Annual property tax
Contact for price

Ask about this property

$1,350,000
37 Ontario Street North
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