37 Ontario Street N 1, Lambton Shores, ON

$1,350,000

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1.01

Acres

About 37 Ontario Street N 1

**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! In search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT commercial condo w/ 26 YR tenant on a BRAND NEW 5 YR TRIPLE NET LEASE (commencing Sept 15, 2026) provides reliable fixed term income generating $81K per yr for the first 3 yrs & $85.5K on the last 2 years, w/ the TMI covering everything else & 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 the stock market/equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 3 to 5 yrs, all simultaneous to 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 5 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 is now fostering a rapidly growing customer base for the year round commercial tenant 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! 10+ all around!

Features of 37 Ontario Street N 1

MLS® # X13749012
Price $1,350,000
Bathrooms 0.00
Acres 1.01
Type Commercial
Sub-Type Commercial Retail
Status Active

Community Information

Address 37 Ontario Street N 1
Area Lambton
Subdivision Grand Bend
City Lambton Shores
Province ON
Postal Code N0M 1T0

Amenities

Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Closed
Cooling Yes
Fireplace No

Listing Details

OfficeROYAL LEPAGE TRILAND REALTY

Listing Map

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