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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
About 47 Ontario Street North
Positioned in the heart of Grand Bend, this mixed-use property presents a rare opportunity to acquire a versatile income-producing asset in one of Southwestern Ontario's most desirable beach towns. The site features a strong mix of income streams, including two commercial units, eight residential apartments, and a series of self-storage units, each contributing to a balanced and dependable revenue profile. Set in a prime, high-visibility location within walking distance to the beach, shops, and amenities, this property benefits from both steady local demand and the area's expanding year-round population. The residential units are well-sized and functional, while the commercial spaces cater to a variety of retail or service-based tenants. The self-storage component adds a low-maintenance income layer and further diversifies the property's cash flow. With Grand Bend continuing to see strong growth in tourism, residential development, and local business activity, this asset is strategically positioned for long-term appreciation. Well-maintained, efficiently operated, and fully tenanted, it's a compelling option for investors seeking stability, income diversity, and upside in a thriving lakeside community. Located on the shores of Lake Huron, Grand Bend isa highly regarded and fast-growing community within Lambton Shores, recognized for its strong tourism economy and expanding year-round population base. Long established as one of Ontario's premier beach destinations, Grand Bend has evolved into a balanced local market with stable residential demand and a diverse commercial environment that supports hospitality, retail, and professional services.
Lambton Shores investment priced at $2,999,000 — book a tour to see if it fits your search.
Inside 47 Ontario St N
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0.679
Listing & possession
Property class
Investment
47 Ontario St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14119614$2,999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 47 Ontario St N 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.
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 47 Ontario St N
Homes for sale in Lambton Shores
Every active Lambton Shores MLS® listing, updated all day.
Average days on market62Homes sold in about 62 days on average.
Sale-to-list ratio95.6%On average, homes sold below asking.
Active listings163Homes for sale here right now.
Median vs prior 90 days+21.2%Compared with Apr 30 – Jul 29, 2026: prices up.
Based on 85 sales from Jul 29 – Oct 27, 2026 (58 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 47 Ontario St N
How much is 47 Ontario St N listed for?
47 Ontario St N is listed at $2,999,000 (MLS® X14119614). Summitly updates the price as soon as the MLS® record changes.
Has the price of 47 Ontario St N changed?
No — 47 Ontario St N is still listed at its original asking price of $2,999,000.
How many bedrooms and bathrooms does 47 Ontario St N have?
The listing for 47 Ontario St N doesn't publish its bedroom and bathroom count. It is a commercial property in Lambton Shores.
How does 47 Ontario St N compare with other homes in Lambton Shores?
Its asking price of $2,999,000 is about 314% above the median sold price in Lambton Shores over the last 90 days, $724,000, across 85 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 47 Ontario St N been sold before?
Summitly has no earlier MLS® sale or lease of 47 Ontario St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 47 Ontario St N?
47 Ontario St N is in Lambton Shores, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 47 Ontario St N been on the market?
47 Ontario St N was listed today (October 27, 2026).
What is the land transfer tax on 47 Ontario St N?
About $61,450 in Ontario land transfer tax at the asking price of $2,999,000. 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 47 Ontario St N 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 47 Ontario St N?
The listing for 47 Ontario St N 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 47 Ontario St N built?
The listing for 47 Ontario St N doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.