41 & 45 Ontario St S is an investment in Lambton Shores, listed for $1,950,000.
1The property spans approximately 214 feet of street frontage along one of Grand Bend's main arteries, with a combined lot size of approximately 0.66 acres.
2S. features a well-built and thoughtfully updated residential home, offering immediate use or rental potential.
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Commercial Property in Lambton Shores
About 41 & 45 Ontario Street South
41 & 45 Ontario Street South, Grand Bend - Prime Commercial Opportunity with Development Potential Offered for the first time in 50-years, this rare combined offering of 41 & 45 Ontario Street South in the heart of Grand Bend presents an exceptional opportunity for investors, developers or entrepreneurs seeking a high-visibility location just a short walk to the beach and steps from the vibrant downtown core. The property spans approximately 214 feet of street frontage along one of Grand Bend's main arteries, with a combined lot size of approximately 0.66 acres. The zoning is C-2 Commercial, allowing for a diverse range of uses including retail, restaurant, personal services, and mixed-use residential developments. Lambton Shores' Official Plan supports medium-density residential development, with up to 30 residential units per acre for "multiple dwellings", creating a significant opportunity for those looking to tap into Grand Bend's growing housing demand. The main parcel at 41 Ontario St. S. features a well-built and thoughtfully updated residential home, offering immediate use or rental potential. A detached single-car garage adds additional flexibility. The adjacent parcel at 45 Ontario St. S. includes an additional garage structure and expands the overall frontage, enhancing the site's visibility, development efficiency, and value. Whether you're envisioning a vibrant live-work concept, boutique retail-residential complex, or a multi-unit development, this contiguous parcel offers the space, zoning flexibility, and strategic location to bring your vision to life. Grand Bend continues to see strong growth, with increased demand for housing and services, and an increasingly business-friendly environment supported by streamlined permitting and community initiatives. Investors will appreciate the high-traffic location, strong local and seasonal foot traffic, and access to major transportation routes.
Lambton Shores investment priced at $1,950,000 — book a tour to see if it fits your search.
Inside 41 & 45 Ontario St S
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
28739.61
Listing & possession
Property class
Investment
41 & 45 Ontario St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12950090$1,950,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 41 & 45 Ontario St S 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.
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For homeowners nearby
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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.
Similar homes for sale nearby in Lambton Shores
Other homes for sale in Lambton Shores around $1.9M.
Average days on market64Homes sold in about 64 days on average.
Sale-to-list ratio95.6%On average, homes sold below asking.
Active listings160Homes for sale here right now.
Median vs prior 90 days+22.1%Compared with May 12 – Aug 10, 2026: prices up.
Based on 72 sales from Aug 10 – Nov 8, 2026 (63 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 41 & 45 Ontario St S
How much is 41 & 45 Ontario St S listed for?
41 & 45 Ontario St S is listed at $1,950,000 (MLS® X12950090). Summitly updates the price as soon as the MLS® record changes.
Has the price of 41 & 45 Ontario St S changed?
No — 41 & 45 Ontario St S is still listed at its original asking price of $1,950,000.
How many bedrooms and bathrooms does 41 & 45 Ontario St S have?
The listing for 41 & 45 Ontario St S doesn't publish its bedroom and bathroom count. It is a commercial property in Lambton Shores.
How does 41 & 45 Ontario St S compare with other homes in Lambton Shores?
Its asking price of $1,950,000 is about 173% above the median sold price in Lambton Shores over the last 90 days, $714,500, across 72 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 41 & 45 Ontario St S been sold before?
Summitly has no earlier MLS® sale or lease of 41 & 45 Ontario St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 41 & 45 Ontario St S?
41 & 45 Ontario St S is in Lambton Shores, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 41 & 45 Ontario St S been on the market?
220 days — 41 & 45 Ontario St S was listed on April 2, 2026.
What is the land transfer tax on 41 & 45 Ontario St S?
About $35,475 in Ontario land transfer tax at the asking price of $1,950,000. 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 41 & 45 Ontario St S 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 41 & 45 Ontario St S?
The listing for 41 & 45 Ontario St S 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 41 & 45 Ontario St S built?
The listing for 41 & 45 Ontario St S doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.