4 - 40 Ontario Street S, Lambton Shores, ON N0M 1T0
Grand Bend, Lambton Shores · Near Lake Road · View map
About this home
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.)
The home
- Type
- Condo Townhouse · 2-Storey
- Square footage
- 1200-1399 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 7
- Floor
- 2nd
- Exposure
- East
- Balcony
- Open
- View
- River, Trees/Woods
- Laundry
- Laundry Room
Building & fees
- Maintenance fee
- $590.00/mo
- Fee includes
- Building Insurance, Parking, Common Elements
- Condo corporation
- Lambton 23
- Property management
- Highpoint
- Pets
- Allowed, with restrictions
- Locker
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Parking
- Parking spaces
- 1
Taxes & other
- Property taxes
- $3,235/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Lake Road
- Neighbourhood
- Grand Bend
More
- Price per sq ft
- ~$431 (at 1,300 sq ft)
- Listed
- Sep 9, 2026 · 31 days ago
- MLS® number
- X13758244
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Building amenities
- Communal Waterfront Area
- BBQs Allowed
- Outdoor Pool
- Visitor Parking
- Bike Storage
Included in the maintenance fee
- Building Insurance
- Parking
- Common Elements
The unit and its surroundings
- Carpet Free
- On Demand Water Heater
- Water Heater Owned
- Water Purifier
- Arts Centre
- Beach
- Lake Access
- Place Of Worship
- School Bus Route
- River/Stream
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
40 Ontario Street, Lambton Shores, ON N0M 1T0
Grand Bend, Lambton Shores · Near Lake Road
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Listing history for 40 Ontario Street
See what this unit and others in the building were listed for, what they sold for, and how long it took.
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Frequently asked questions about 4 - 40 Ontario Street S
Answers come straight from this condo’s MLS® listing.
How much is 4 - 40 Ontario Street S listed for?
4 - 40 Ontario Street S is listed for $559,900. With 20% down ($111,980), the mortgage payment would be roughly $2,258 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.
How many bedrooms and bathrooms does 4 - 40 Ontario Street S have?
4 - 40 Ontario Street S has 3 bedrooms and 2 bathrooms.
How big is 4 - 40 Ontario Street S?
The listing puts the unit between 1,200 and 1,399 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.
What type of home is 4 - 40 Ontario Street S?
4 - 40 Ontario Street S is a condo townhouse in Grand Bend, Lambton Shores. The unit is on the 2nd floor, facing east.
What are the maintenance fees at 4 - 40 Ontario Street S, and what do they cover?
The maintenance fee is $590.00 a month. The listing says it covers building insurance, parking, common elements. Fees can change, so confirm the current amount in the status certificate.
Does 4 - 40 Ontario Street S come with parking and a locker?
The listing includes 1 parking space. There is no locker with the unit.
Are pets allowed at 4 - 40 Ontario Street S?
Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.
What amenities does the building have?
The listing names these building amenities: communal waterfront area, bbqs allowed, outdoor pool, visitor parking, bike storage.
How is 4 - 40 Ontario Street S heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 4 - 40 Ontario Street S?
Property taxes are $3,235 a year (2026), or about $270 a month.
What neighbourhood is 4 - 40 Ontario Street S in?
4 - 40 Ontario Street S is in the Grand Bend community of Lambton Shores. The nearest main intersection is Lake Road. The postal code is N0M 1T0.
Is 4 - 40 Ontario Street S still for sale?
Yes. 4 - 40 Ontario Street S is an active listing (MLS® X13758244), on the market since September 9, 2026. Listings here update from the board through the day and come down once a condo sells.
What have condos at 40 Ontario Street sold for?
Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 4 - 40 Ontario Street S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this condo and get an answer, usually within the hour.
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Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

