Rare Opportunity - Three Homes - One Expansive Lot. Welcome to 223 Ontario Street in the heart of Grand Bend a truly exceptional property offering three separate residences on a 1.5-acre lot, all just a short walk from the towns vibrant Main Strip and backing directly onto a peaceful riverfront. Whether you're looking for a savvy investment, a short-term rental powerhouse, or the ultimate family compound, this unique offering has the flexibility to suit nearly any lifestyle or business plan. Ownership Ideas: 1. Live & Earn - Make one your primary and other two income-producing rentals. 2. Vacation Rental Potential - With Grand Bend's summer tourism booming, short-term rentals in this area can command as much as $1,000 per night in peak season (that's $3k per night!) 3. Multi-Generational Living- Bring the whole family under one expansive roof - or three - no need to sacrifice independence. 4. Take advantage of the property's potential to sever and maximize its value ---- Property Breakdown: House 1: 3 beds, 1 baths. House 2: 2 beds, 2 bath. House 3: Loft-style garage - 1 bed, 1 bath and can easily be converted back to a double bay garage for car enthusiasts or workshop hobbyists ---- Key Features: All homes are fully renovated with new HVAC systems (furnace, A/C, hot water tank), appliances, and laundry. Each property has its own septic system and is connected to town water. 2 hydro meters and 2 gas meters for easy management. Ample parking for 15+ vehicles. Direct access to a private river for kayaking, fishing, and more. Recent upgrades include new windows, electrical, and new flooring in both the front and middle houses. Located just a short walk from Grand Bend's iconic Main Strip, you're never far from shops, restaurants, entertainment, and the beach. This is small-town charm with big potential, and properties like this offering both size and proximity rarely become available. Words only go so far this is a property you need to experience to truly appreciate!
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
1100-1500
Lot Size:
.50-1.99
Depth:
604'184 m
Frontage:
80'24.4 m
Lot Shape:
Rectangular
Topography:
Flat, Wooded/Treed
Direction Faces:
East
Bedrooms:
6
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
6
Kitchens Above Grade:
3
Rooms Above Grade:
9
Rooms Below Grade:
1
Zoning:
R6
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
1
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Full, Unfinished
Fireplace/Stove:
Yes
Garage:
Other
Garage Spaces:
2.0
Other Structures:
Aux Residences
Parking Features:
Covered, Front Yard Parking, RV/Truck, Private Triple, Other
Parking Spaces:
10
Total Parking Spaces:
10.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$396,000
Assessment Year:
2024
Taxes:
$4,738.81 /
2024
Assessment:
$396,000.00 /
2024
Lambton Shores
Grand Bend
Lambton
Water Heater Owned, Primary Bedroom - Main Floor, Storage, Water Meter
Privacy, Year Round Living, Fishing
Water Heater in the Loft (House 3)
Appliances in all three properties. All furnishings in House 2 (2 bed 2 baths) - turn key rental, Yellow shed
Data was last updated June 29, 2025 at 02:15 PM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$949,900
Min list price:
$589,900
Max list price:
$3,750,000
Avg days on market:
66
Min days on market:
3
Max days on market:
514
These statistics are generated based on the current listing's property type
and located in
Grand Bend. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.