Homes for sale - 16 Ontario ST N, Lambton Shores, ON N0M 1T0

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Lisa Milroy

lisa@elevatedandco.ca +1(289) 795-7700

$ 1,300,000

Est. payment | -/mo

4 Beds

2 Baths

Save Virtual Tour

$ 1,300,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Grand Bend

MLS Listing ID X12714490

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $2,328

Tax Year 2025

Property Sub-Type Detached

Property Description

*List Price is for both 16 & 18 Ontario St N being sold as a package* Prime commercial-residential opportunity in the heart of Grand Bend. This rare offering includes two side-by-side parcels with a combined 90 feet of frontage, ideally positioned in one of Ontario's best beachside communities. Located along the Hwy 21 corridor with C2 commercial zoning 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 an existing licensed restaurant with a 2 bedroom 1 bath apartment above and lots of onsite parking. The restaurant is currently leased (business is not for sale) with the apartment included in the lease. Complementing the commercial space on its own separate parcel is 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 combination of residential and commercial uses creates a balanced investment with immediate cash flow and long-term upside. The side by side parcels create 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. Price is for both parcels 16 and 18 Ontario Street and must be sold together. The restaurant business is not for sale. See MLS X12714450 for more information on 18 Ontario ST

Location

Province ON

County Lambton

Area Lambton

Rooms

Family Room Yes

Basement Partial Basement, Crawl Space

Kitchen 2

Interior

Interior Features Accessory Apartment, In-Law Suite

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Parking Features Private

Pool None

View City

Roof Type Shingles

Topography Flat

Lot Frontage 41.25

Lot Depth 207.5

Total Parking Spaces 3

Building

Building Age 51-99

Unit Features Beach,Lake/Pond,Library,Marina,River/Stream,Fenced Yard

Foundation Concrete Block

Others

ParcelsYN Yes

Virtual Tour https://youtu.be/Dtuck1dcyWY

Listed by RE/MAX BLUEWATER REALTY INC.

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Elevating Your Journey Home

+1(289) 795-7700

lisa@elevatedandco.ca

16 Ontario ST N Lambton Shores, ON N0M 1T0