34 Ontario Street S, Lambton Shores
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:1945)
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Property details for 34 Ontario Street S, Lambton Shores
- Type
- Multi-family
- Living Area
- 2,492 square feet
- Lot Size
- 0.13
- Heating
- Other
- Cooling
- Partially air conditioned
- Annual Taxes
- $6,522
Nearby Listings Stat
Estimated price and comparable properties near 34 Ontario Street S
Active Listings
31
Min Price
$125,000
Max Price
$2,699,000
Avg Price
$958,806
Days on Market
86
days
Sold Listings
12
Min Sold Price
$479,999
Max Sold Price
$1,599,999
Avg Sold Price
$916,246
Days until Sold
87
days
Neighbourhood Census Data
Lambton Shores, Ontario
Population
823
Median Age
60.1
Median Income
$34,432
Dwelling Value
$349,074
Housing Tenure
Owners 73%
Renters 29%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 88.3/km²
Avg Shelter Cost: $1,081/mo
Owners with Mortgage: 39.3%
Owners Spending 30%+: 16.7%
Tenants Spending 30%+: 69.6%
English only: 97.6%
English and French: 2.4%
Median Household Income: $59,456
Median Employment Income: $25,664
Price History
Listed
May 4, 2026
by PRIME REAL ESTATE BROKERAGE
Current Price
$599,000
-3.2% from last change
Type
Multi-family
For Sale
Price Changes
4
| Date | Price | Change |
|---|---|---|
| Current | $599,000 | $20,000 (-3.2%) |
| Sep 1, 2026 | $619,000 | $25,900 (-4%) |
| Aug 19, 2026 | $644,900 | $10,000 (-1.5%) |
| Jul 29, 2026 | $654,900 | $15,000 (-2.2%) |
| Jun 16, 2026 | $669,900 | Listed |