Welcome to this remarkable commercial retail located in the coveted neighborhood of Grand Bend. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $849,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
RARE RIVERFRONT COMMERCIAL OPPORTUNITY IN THE HEART OF GRAND BEND | 68.4 FT OF BOAT PRIVATE DOCKAGE | RESTAURANT/RETAIL SPACE + RESIDENTIAL APARTMENT! Welcome to 26 Ontario Street South, a truly exceptional mixed-use property in one of Ontario's fastest growing year round beach destinations. Perfectly positioned just steps from the beach with approximately 68 FEET of PRIVATE RIVER FRONTAGE and boat docking, this is your chance to establish-or expand-your dream business in an iconic, high-traffic location. The main level offers approximately 620 sq ft of restaurant / bar / retail space, previously licensed for 40 patrons, complete with men's and women's washrooms and a commercial kitchen (equipment included AS-IS). The kitchen was updated in 2018, featuring a NEW walk-in cooler and a new 5.5-ton A/C & heat pump, with forced-air gas heating on the restaurant level. There's also a partially completed outdoor patio, plus additional exterior space presenting an untapped opportunity for future expansion and enhanced patio licensing. Above the commercial space is a self-contained residential apartment or office, with its own private entrance, full residential kitchen, 3-piece bathroom, and an outstanding 21' x 11' sun deck overlooking the river. This would be an inspiring place to live, work, or host & could offer some premium AirBnB / short term rental income. The upper unit is heated with a newer A/C & heat pump, & the 360 virtual tour will show you the apartment (for restaurant, just refer to photos). Whether you envision a bar, restaurant, café, retail boutique, or a live-work waterfront business, this established location offers visibility, lifestyle appeal, and long-term upside in a community that continues to thrive beyond the summer months. With on site parking + enough dockage for 2 boats & a jet ski + the residential unit, this site can earn! PROPERTY IS BEING SOLD AS-IS / WHERE-IS under power of sale.
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Data-driven valuation for 26 Ontario Street S, Lambton Shores, ON N0M 1T0
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Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lambton Shores.
About Purchasing a Home in Lambton Shores, ON
For a property listed at $849,900 in Lambton Shores, the legal minimum down payment is $59,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,473 for this transaction. As this listing is in Lambton Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.