47 ONTARIO STREET N
- 1 ac
$2,999,000
Your
status: Active
For sale
Property Type
Multi-family
- Building Type
- Multi-Family
- Land Size
- 0.679 ac
- MLS®#
- X14119614
- Listed By
- SUTTON GROUP - SELECT REALTY INC.
Rent vs Buy
Making the Right Financial Choice
Need a Mortgage?
Rates as low as
4.99%
Positioned in the heart of Grand Bend, this mixed-use property presents a rare opportunity to acquire a versatile income-producing asset in one of Southwestern Ontarios most desirable beach towns. The site features a strong mix of income streams, including two commercial units, eight residential apartments, and a series of self-storage units, each contributing to a balanced and dependable revenue profile. Set in a prime, high-visibility location within walking distance to the beach, shops, and amenities, this property benefits from both steady local demand and the areas expanding year-round population. The residential units are well-sized and functional, while the commercial spaces cater to a variety of retail or service-based tenants. The self-storage component adds a low-maintenance income layer and further diversifies the propertys cash flow. With Grand Bend continuing to see strong growth in tourism, residential development, and local business activity, this asset is strategically positioned for long-term appreciation. Well-maintained, efficiently operated, and fully tenanted, its a compelling option for investors seeking stability, income diversity, and upside in a thriving lakeside community. Located on the shores of Lake Huron, Grand Bend isa highly regarded and fast-growing community within Lambton Shores, recognized for its strong tourism economy and expanding year-round population base. Long established as one of Ontarios premier beach destinations, Grand Bend has evolved into a balanced local market with stable residential demand and a diverse commercial environment that supports hospitality, retail, and professional services. (id:6772)
Property
Transaction Type
For sale
Land Size
0.679 ac
MLS®#
X14119614
Inside
Fireplace
False
Building
Heating
Baseboard heaters
Cooling
Partially air conditioned
Utilities
Water
Municipal water
Land
Location Description
Community Name
Grand Bend
Land Size
0.679 ac
Size Interior
1 ac
Listed by
SUTTON GROUP - SELECT REALTY INC.
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association.
