Lambton Shores, ON · · MLS® X14151800Updated
$4,800,000
98 Ontario St S is a retail in Lambton Shores, listed for $4,800,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Opportunity to acquire a 100% freehold interest in 98 Ontario Street South, Grand Bend, Ontario, a strategically positioned freestanding grocery store leased to Loblaw Companies Limited (TSX:L), Canada's largest food and pharmacy retailer, under the No Frills banner. Located along Grand Bend's key commercial corridor and gateway to Lake Huron's shoreline communities, the Property serves as a critical retail amenity for both permanent residents and the region's substantial seasonal population influx, with peak weekend populations estimated to exceed 50,000 visitors and cottagers. Positioned along Ontario Street South/Highway 21, the Property functions as a key regional grocery destination within Southwestern Ontario's Lake Huron corridor. The Property is secured by a triple net (NNN) lease structure with approximately four (4) years remaining in the current term, providing investors with stable and predictable cash flow with near term upside in rents backed by the covenant strength of Loblaw Companies Limited while minimizing landlord obligations. In addition to the existing income stream, the Property presents a compelling value-enhancement opportunity with approximately 2.16 acres of excess land. The surplus land offers investors future redevelopment and intensification potential for complementary retail, residential, mixed-use, or additional commercial uses. Furthermore, the Property offers the potential to monetize seasonal dock rentals given its frontage along the river providing direct access to Lake Huron. Supported by increasing investment activity, residential growth, and continued recreational market expansion along the Lake Huron shoreline, this offering represents a rare opportunity to acquire a defensive grocery anchored retail asset with strong in-place tenancy, redevelopment upside, and exposure to one of Southwestern Ontario's most recognized lifestyle and tourism markets.
Lambton Shores retail priced at $4,800,000 — book a tour to see if it fits your search.
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Lot & land
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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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.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP, BrokerageMLS® X14151800 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Homes for sale in Lambton Shores
Every active Lambton Shores MLS® listing, updated all day.
Based on 76 sales from Aug 7 – Nov 5, 2026 (60 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
98 Ontario St S is listed at $4,800,000 (MLS® X14151800). Summitly updates the price as soon as the MLS® record changes.
No — 98 Ontario St S is still listed at its original asking price of $4,800,000.
The listing for 98 Ontario St S doesn't publish its bedroom and bathroom count. It is a commercial property in Lambton Shores.
Its asking price of $4,800,000 is about 572% above the median sold price in Lambton Shores over the last 90 days, $714,500, across 76 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.
Summitly has no earlier MLS® sale or lease of 98 Ontario St S on record from the last two years. Older records aren't shown under TRREB rules.
98 Ontario St S is in Lambton Shores, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
3 days — 98 Ontario St S was listed on November 2, 2026.
About $106,475 in Ontario land transfer tax at the asking price of $4,800,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 98 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.
The listing for 98 Ontario St S doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
