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    For Sale - 16 Ontario Street, Lambton Shores, Ontario

    Est payment $2,732/mo
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    Time on Jump  1 days

    AI Summary *

    • Prime location in Grand Bend, close to the beach and amenities.
    • Current property includes two rented residential units for immediate cash flow.
    • C2 commercial zoning allows for diverse future development opportunities.
    • High visibility area with year-round traffic and summer tourism.
    • Additional adjacent property available for larger development potential.




    Prime opportunity for development in the heart of grand bend. Ideally positioned in one of ontario's best beachside communities. Located along the hwy 21 corridor with c2 commercial zoning, 41. 25 feet of frontage and over 200' of depth this property presents an exceptional investment for entrepreneurs, developers, or investors looking to capitalize and be part of grand bend's future growth. The property features a converted dwelling offering two separate 2-bedroom 1 bathroom residential units with shared laundry facilities. Both units are currently leased month to month. The front unit has updated flooring, kitchen and bathroom while the second unit needs the handyman touch. The current residential use helps investors plan for the future of the property and creates a balanced investment with immediate cash flow and long-term upside. This is an attractive site for redevelopment potential with great exposure to year round traffic, growing year round population and high volume of summer tourism to the area. Located across the street from the newly renovated colonial hotel & event space plus the newly redesigned commercial 4 plex. Just steps to the sandy beaches of lake huron, main street, local shops, restaurants and all that grand bend has to offer. This property sits in a high-demand area with limited availability of comparable opportunities. Looking for more space, the property next door is also available to create a parcel with 90 feet of frontage to realize your larger development options!
    Listing IDX12941284
    Address16 Ontario Street
    CityLambton Shores, Ontario
    Price$569,000
    Bed / Bath4 / 2 Full
    Style1 1/2 Storey, Detached
    ConstructionAluminum Siding, Concrete Block
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, In-Law SuiteOutdoor Features PorchAmenities Beach, Lake/Pond, Library, Marina, River/Stream, Fenced YardOwnership FreeholdViews CityBasement Partial Basement, Crawl SpaceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  RE/MAX BLUEWATER REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    16 Ontario Street
    Lambton Shores , Ontario
    4 2 $569,000
    Get more info