$625,000
40 Ontario Street 4, Lambton Shores, ON N0M 1T0
3 Beds
2 Baths
1 Parking
Welcome to Village on the Ausable, a sought-after riverfront condominium development in the heart of Grand Bend. The river views from both the interior and exterior of this prime end unit are incredible! Step inside to an airy, open-concept main floor. This beautiful year round home or cottage has undergone several thoughtful, modern updates on both levels. The massive kitchen is perfect for entertaining, featuring quality quartz countertops and sleek custom cabinetry. The spacious living area-anchored by a cozy gas fireplace-flows seamlessly out to a private, glass-railed deck. It is the absolutely perfect vantage point for outdoor dining, relaxing, and watching the boats glide past. Three spacious upper-level bedrooms provide plenty of room for family, guests, or a home office. The complex's sprawling, manicured grounds include exceptional amenities such as a saltwater pool, gazebo, fire pit, bike and kayak racks, and boat docking along the charming boardwalk fronting the property. Village on the Ausable is in a great location: you're just a short walk away from beaches, restaurants, shopping, and downtown amenities. Imagine spending the perfect day on a gorgeous stretch of Lake Huron beach, easily accessible by foot, paddleboard, or boat. You return at the end of the day to view the world-class sunsets this area is known for. A short drive gets you to Pinery Provincial Park, golf courses, wineries, breweries, and so much more. Whether you are looking to downsize in style or find the ultimate waterfront getaway, this spectacular, maintenance-free unit is ready for you to move right in and enjoy the fantastic lifestyle this region has to offer! (Note: Condo owners receive an annual first right of refusal for any available dock space for a fee. At the time of listing, there are currently two boat slips available.)

Property Summary

Property Type Residential Condo & Other
Property Sub Type Other
Transaction Type For Sale
Style 2-Storey
Bedrooms Above Grade 3
Bathrooms 2
Kitchens 1
Basement None
Exposure East
Possession Flexible

Building

Building Type Other
Square Footage 1200-1399
Exterior Vinyl Siding
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Living Room, Natural Gas
Laundry In-Suite Laundry

Measurements

Total Living Area 1200-1399

Land

Address 40 Ontario Street 4, Lambton Shores, ON N0M 1T0
City Lambton Shores
Community Grand Bend
County / Area Lambton
Cross Street Lake Road
Parcel Number 438230012

Parking and Garage

Total Parking 1
Garage Spaces 0
Garage Type None

Condo / Maintenance

Maintenance Fee $590
Locker None
Pets Yes-with Restrictions
Amenities Communal Waterfront Area, BBQs Allowed, Outdoor Pool, Visitor Parking, Bike Storage
Condo Corporation Lambton

Taxes and Listing Info

List Price $625,000
Annual Taxes $3,146
Tax Year 2025
Status Active
Listing Date 2026-05-23T16:10:59Z
Updated 2026-05-24T21:18:07Z
MLS Number X13166266
Local Market Insight

What Buyers Should Know About 40 Ontario Street 4, Lambton Shores, ON N0M 1T0

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

40 Ontario Street 4, Lambton Shores, ON N0M 1T0 is positioned in Grand Bend, a part of Lambton Shores where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Other should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Lake Road, public transit options, parking availability, and drive times to employment areas. A property with 1 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $625,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 3 bedrooms, 2 bathrooms, basement details marked as None, and a lot size of to be reviewed, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Lambton Shores, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Grand Bend. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 40 Ontario Street 4, Lambton Shores, ON N0M 1T0, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.