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$1,300,000
Available - For Sale
Listing ID: X12714490
*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. Both units are currently leased month to month and feature updated flooring, kitchens and bathrooms with shared laundry facilities. 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
Price $1,300,000
Taxes: $2,328
Assessment Year: 2025
Occupancy by: Tenant
Address: 16 Ontario Street North , Lambton Shores, N0M 1T0, Lambton
Acreage: < .50
Directions/Cross Streets: Main St and Ontario ST
Rooms: 12
Bedrooms: 4
Bedrooms +: 0
Washrooms: 2
Family Room: T
Basement: Partial Base
Crawl Space
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 13.58 15.97 Laminate, Granite Counters
Room 2: Main Living Ro 16.79 11.78 Laminate
Room 3: Main Bedroom 10.99 10.20 Laminate
Room 4: Main Bedroom 10.99 7.87 Laminate
Room 5: Main Bathroom 6.79 6.07 4 Pc Bath, Tile Floor
Room 6: Main Kitchen 13.19 13.61 Laminate, Granite Counters
Room 7: Main Living Ro 21.98 10.69 Laminate
Room 8: Main Dining Ro 8.20 8.20 Laminate
Room 9: Main Bathroom 8.20 6.30 Tile Floor, 3 Pc Bath
Room 10: Second Bedroom 8.89 11.28 Laminate
Room 11: Second Bedroom 8.99 8.99 Laminate
Room 12: Second Den 15.68 9.28 Laminate
Room 13: Main Laundry 21.98 5.48 Laminate
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  4 Main
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Detached
Style: 1 1/2 Storey
Exterior: Aluminum Siding
Concrete Block
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 3
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Out Buildings
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
Property Features: Beach
Lake/Pond
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: Y
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RE/MAX BLUEWATER REALTY INC.

16 Ontario Street North , Lambton Shores, N0M 1T0, Lambton

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MD Ashraful Bari
Broker
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647.406.6653
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Fax:
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Type: Freehold - Detached
Area: Lambton
Municipality: Lambton Shores
Neighbourhood: Grand Bend
Style: 1 1/2 Storey
Lot Size: x 207.50(Feet)
Approximate Age: 51-99
Tax: $2,328
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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