51 King Street W Lambton Shores, ON N0N 1J0
Listing Courtesy of: PropTX - IDX / Listed By: Royal Lepage Triland Realty

  51 King Street W Lambton Shores, ON N0N 1J0

Active
$499,900 (CAD)
5
BED
5
BATH
3500-5000
SQFT

Description

Prime multi-use investment opportunity at 51 King St W, right in the heart of vibrant downtown Forest! Ideal for a seasoned real estate investors or ambitious business owners seeking a live/work setup with substantial rental subsidization. This prime property features 3 ground-floor commercial units with high-visibility window display frontage directly across from the Post Office, surrounded by local dining, shopping, and essential services. Below, a full basement with over 6' ceiling height provides convenient lower-level access for updates, utilities, and maintenance. Upstairs, the property offers 4 clean, move-in ready residential apartments, including 3 one-bed/one-bath units and 1 spacious one-bed plus den/one-bath unit. All units feature their own in-suite electrical panel for total convenience. Whether you're looking to generate multi-stream cash flow or occupy a retail space while letting residential and commercial tenants cover your mortgage, this versatile asset offers strong upside potential in a thriving small-town hub!

MLS®:
X13798314
Taxes
$4,196(2026)
Type
Multifamily
Style
2-Storey
County
Lambton County
Community
Forest

Listed By

Royal Lepage Triland Realty
Source
PropTX - IDX
Last checked Sep 17 2026 at 10:56 PM GMT+0000
Bathroom Details
Interior Features
  • Water Heater Owned
  • Separate Hydro Meter
Property Features
  • Foundation: Brick
Heating and Cooling
  • Radiant
  • None
Basement Information
  • Full
  • Unfinished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Flat
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Stories
  • 2
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/17/26 15:56