Royal LePage Maximum Realty Brokerage

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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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37 Ontario Street N 1, Lambton Shores, ON N0M 1T0

Property For Sale | X13137424Sale

Listing ID: X13137424
$1,350,000
Listing ID #X13137424
Property Description

**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! Attention investors in search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT 3-UNIT/TRIPLE TENANT commercial condo provides reliable fixed term income across 3 separate units generating over $90K per yr collectively on 3 separate term leases, all leased (NET NET on part), w/the healthy TMI/CAM (an additional $60K + UTILITIES) 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 equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 36 months, all simultaneous to more & 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 4 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 result in stronger customer bases for the year round commercial tenants 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! Plus, the potential 2 new EV chargers (currently in the approval phase) could generate even more income! 10+ all around!

Basic Details
Listing ID : X13137424
Listing Type : Sale
Price : $1,350,000
Status : Active
Property Attached Yn : 1
Property Sub Type : Commercial Retail
Map
Address Map
37
ONTARIO
US
ON
Lambton
Lambton Shores
N0M 1T0
Street
Turn toward lake off HWY 21 just north of main intersection into Tim Horton's. This building is just behind it.
N
1
C2
Property Area
Grand Bend
Features
: Yes
: Yes
Additional Information
9000
: Major Highway, Recreation/Community Centre
x
https://youtu.be/GNNy D3RODCk
Listing Information
ROYAL LEPAGE TRILAND REALTY
New
2026-05-21T16:46:03Z
TRREB

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