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34 Ontario Street S
Grand Bend Lambton Shores N0M 1T0

$599,000 /For Sale
Commercial

Main Photo: 34 Ontario Street S in Lambton Shores: Grand Bend Commercial for sale : MLS®# X14147100
Photo 1: 34 Ontario Street S in Lambton Shores: Grand Bend Commercial for sale : MLS®# X14147100
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Photo 43: 34 Ontario Street S in Lambton Shores: Grand Bend Commercial for sale : MLS®# X14147100
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X14147100
Bus Major:
Apts - 2 To 5 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2492 sq. ft. Square Feet
Total Area:
2,492 sq. ft.
Lot Depth:
98'1"
Lot Frontage:
59'1"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
C1 2
Heating type:
Other
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$6,521.98 / 2025
Assessment:
$- / -
Lambton
Lambton Shores
Grand Bend
No
Water Heater
Appliances, light fixtures
Tenant Belongings
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
Yes
Expenses Actual/Estimated:
Actual
Heating Expenses:
$956.85
Hydro Expenses:
$5,361.42
Insurance Expenses:
$3,859.92
Tax Expenses:
$6,521.98
Water Expenses:
$3,455.78
Year Expenses:
23189
Maintenace Expenses:
$3,033.97
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Franchise:
No
Chattels:
No
Date Listed:
Nov 04, 2026
Original Price:
Previous Price:
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Listed by SUTTON GROUP - SELECT REALTY INC.
Data was last updated November 4, 2026 at 05:15 PM (UTC)
DARYL  KING
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Owning an apartment building for sale provides unique advantages:

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.