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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Lambton Shores
Unit 1 at 37 Ontario Street North
**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!
Lambton Shores retail priced at $1,350,000 — book a tour to see if it fits your search.
Inside 37 Ontario St N #1
Every detail from the listing, in one place.
Type
Retail
Lot size
x 1.012 sq ft
Features & systems
Lot & land
Lot dimensions
x
Lot size (sqft)
1.012
Listing & possession
Property class
Commercial Retail
37 Ontario St N #1 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13749012$1,350,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 37 Ontario St N #1 Compares to the Lambton Shores Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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From 37 Ontario St N #1. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 37 Ontario St N #1
Homes for sale in Lambton Shores
Every active Lambton Shores MLS® listing, updated all day.
Average days on market58Homes sold in about 58 days on average.
Sale-to-list ratio95.5%On average, homes sold below asking.
Active listings164Homes for sale here right now.
Median vs prior 90 days+25.9%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 81 sales from Jul 24 – Oct 22, 2026 (54 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 37 Ontario St N #1
How much is 37 Ontario St N #1 listed for?
37 Ontario St N #1 is listed at $1,350,000 (MLS® X13749012). Summitly updates the price as soon as the MLS® record changes.
Has the price of 37 Ontario St N #1 changed?
No — 37 Ontario St N #1 is still listed at its original asking price of $1,350,000.
How many bedrooms and bathrooms does 37 Ontario St N #1 have?
The listing for 37 Ontario St N #1 doesn't publish its bedroom and bathroom count. It is a commercial property in Lambton Shores.
How does 37 Ontario St N #1 compare with other homes in Lambton Shores?
Its asking price of $1,350,000 is about 85% above the median sold price in Lambton Shores over the last 90 days, $730,000, across 81 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 37 Ontario St N #1 been sold before?
Summitly has no earlier MLS® sale or lease of 37 Ontario St N #1 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 37 Ontario St N #1?
37 Ontario St N #1 is in Lambton Shores, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 37 Ontario St N #1 been on the market?
47 days — 37 Ontario St N #1 was listed on September 5, 2026.
What is the lot size of 37 Ontario St N #1?
The lot measures × , as published in the listing.
What is the land transfer tax on 37 Ontario St N #1?
About $23,475 in Ontario land transfer tax at the asking price of $1,350,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 37 Ontario St N #1 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 37 Ontario St N #1?
The listing for 37 Ontario St N #1 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Lambton Shores.
When was 37 Ontario St N #1 built?
The listing for 37 Ontario St N #1 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
