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$559,900

Estimated value $532K to $588K

Est. $2,623/mo mortgage

3bd·2ba·1,200-1,399sqft

40 Ontario Street #4 · Grand Bend, N0M 1T0

MLS® X13758244

47 days on market47 days on market

Listed Sep 9, 2026

Listing courtesy of Exp Realty·Listing last changed Sep 17

Key facts

Property type
Condo townhouse
Square footage
1,200-1,399 sqft
Storeys
2
Parking
1 space
Property tax
$3,235/yr (2026)

Description

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.)

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Property details

Interior

Size
1,200-1,399 sqft
Rooms
7 rooms
Bathrooms
1 × 5-piece on Upper, 1 × 2-piece on Main
Basement
None
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
No

Building & lot

Type
Condo townhouse, 2-Storey
Exterior
Vinyl Siding
Storeys
2
Exposure
East

Parking

Parking
1 space
Locker
None

Fees & taxes

Condo fee
$590/mo
Fee includes
parking
Pets
Yes, with restrictions
Property tax
$3,235/yr (2026)
Corporation
Lambton 23
Managed by
Highpoint

Building amenities

Communal Waterfront Area · BBQs Allowed · Outdoor Pool · Visitor Parking · Bike Storage

Rooms

Main

Living Room, combined w/dining, gas fireplace
5.1054 × 5.842 m
Foyer
2.8702 × 2.0574 m
Kitchen
4.1656 × 4.9784 m
Laundry
1.9812 × 1.6002 m

Upper

Primary Bedroom, b/i closet
5.0292 × 3.65 m
Bedroom 2, Closet
2.8702 × 4.1402 m
Bedroom 3, Closet
3.0988 × 2.794 m

Estimated value range

$532K to $588K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions

Grand Bend

Lambton Shores, ON

Monthly paymentest. $3,850/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,623
Property tax$270
Insurance (est.)$117
Utilities (est.)$250
Condo fee$590
Total monthly$3,850
Land transfer tax$7,673 on closing

Ontario LTT

$7,673

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Sep 9, 2026Listed
$559,900
Affordabilityneeds $134,000 household income

Minimum household income required

$134,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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Colin Abbot, Broker, Westwood Realty Team

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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