For sale 50$1,350,000
37 Ontario Street North #1
Grand Bend, Lambton Shores, Ontario N0M1T0
For sale· Added
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
Map data © OpenStreetMap contributors
Upcoming open housesSee all Lambton Shores open houses
No open houses are scheduled for this property.
Can't make it? Request a private viewing.
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
Similar properties in Lambton Shores
For sale 50





