40 ONTARIO Street, Unit 9, Lambton Shores, ON

$449,900
MLS#:X12141614
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
40 ONTARIO Street S 16, Lambton Shores, ON N0M 1T0
⚠️

Property no longer active

This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey other located in the coveted neighborhood of Grand Bend. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $449,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Bar Fridge, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

BEST PRICE FOR GRAND BEND WATERFRONT LIVING | LIVE THE RIVERFRONT CONDO LIFE | GROUND LEVEL WALK-OUT UNIT LOADED W/ UPDATES | STEPS TO PRIVATE SALTWATER POOL & SOUTH BEACH | BOAT DOCK AVAILABLE NOW! Get ready for true serenity with this 3 bed/2 bath walk-out riverfront condo in a quiet / smaller complex just a short walk to all of those convenient downtown amenities. These ground level units are typically the most desirable as you can literally walk right onto your riverfront deck with no steps thereby minimizing your stroll down to the riverfront boardwalk, your boat (boat dock available NOW, no waiting list!), pool, firepit gazebo, etc. by NOT having to walk out to the parking lot and around the building. This is a great townhome condo in a great location within the complex, & just wait until you get inside! This sparkling unit has undergone a plethora of renovations over in recent years including a new kitchen cabinets, granite counters, & appliances w/ gas stove, updated bathrooms including the upper level 5 piece bath, new washer/dryer in '23, attractive shiplap features, a brand new stone fireplace, OWNED hot water heater, flooring, & of course, fresh paint throughout. The ground floor offers a an airy open-concept kitchen/dining/living area with gas fireplace walking out to your riverfront deck + a powder room & laundry. Upstairs, you get 3 generous bedrooms including a large riverfront master w/ wall to wall closets + the updated 5 piece bathroom. This place doesn't need a thing! Even the windows were all just done by the condo corp. This forced-air gas heated / central air-conditioned 4 season home or cottage is a spectacular option for retirees looking to downsize or younger couples looking for waterfront living at an affordable price. With those fantastic amenities & some of the best landscaping in town, come out & see why Grand Bend's Village on the Ausable has consistently been the most desirable riverfront complex for years!

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Property Summary

This condo apartment located at 40 ONTARIO Street, Lambton Shores is currently for sale and has been available on SousaSells for 453 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 40 ONTARIO Street, Lambton Shores is in the Grand Bend neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Grand Bend, Lambton Shores.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Lambton Shores.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 11, 2025
Sold price information is available to members only
Listed Date5/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeOther
Architectural Style2-Storey
ConstructionVinyl Siding
BasementNone
CountyLambton
Annual Tax$2,763

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Golf
  • Fenced Yard

Interior Features

  • Bar Fridge
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 40 ONTARIO Street, Unit 9, Lambton Shores, ON

Q.What is the asking price for 40 ONTARIO Street, Unit 9, Lambton Shores, ON ?

The current listing price for 40 ONTARIO Street, Unit 9, Lambton Shores, ON in Grand Bend, Lambton Shores is $449,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 40 ONTARIO Street, Unit 9, Lambton Shores, ON ?

40 ONTARIO Street, Unit 9, Lambton Shores, ON is a Other (2-Storey) featuring a None basement.

Q.What key property features does 40 ONTARIO Street, Unit 9, Lambton Shores, ON offer?

Key property features include: Golf, Fenced Yard.

Q.What interior features are included in this home?

Interior highlights include: Bar Fridge, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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40 ONTARIO Street, Unit 9, Lambton Shores, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 ONTARIO Street S 16, Lambton Shores, ON N0M 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lambton Shores.

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Interest Rate4.00%
Down Payment$134,970 (30.0%)
* Minimum Canadian down payment required for this price is $22,495.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $314,930 over 30 years.
Purchase Price$449,900
Loan Amount$314,930
Provincial Land Transfer Tax:$5,473
Total Estimated Closing Taxes:$5,473

About Purchasing a Home in Lambton Shores, ON

For a property listed at $449,900 in Lambton Shores, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.

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Grand Bend, Lambton Shores Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Grand Bend, Lambton Shores.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,210,459

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Grand Bend, Lambton Shores

Elementary Schools

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Secondary Schools

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Grand Bend, Lambton Shores Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.