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51 King Street W in Lambton Shores for sale

Asking price
$499,900
Estimate (Sep 17)
$572,607
MLS #:
X13798314
Type:
Multiplex, 2-Storey
Approx. SQFT:
3500-5000
Basement:
Full, Unfinished
5 5
51.34 x 47.1 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
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!

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  • Date Listed: Thursday, September 17, 2026
  • Listing Brokerage: Royal Lepage Triland Realty - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Triland Realty and should be verified by the buyer.
  • City: Lambton Shores

    More 5 bedrooms homes for sale in Lambton Shores

  • Neighbourhood: Forest
  • Major Intersection: KING STREET WEST AND WASHINGTON
  • Full Address: 51 King Street W, Lambton Shores, N0N 1J0, ON, Canada
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  • Taxes: $4,196.17 (2026)
Sitting12 x 9 ft108 sq ft
Kitchen21 x 12 ft252 sq ft
Bathroom2 x 3 ft6 sq ft
Common Rm32 x 17 ft544 sq ft
Utility11 x 11 ft121 sq ft
Great Rm23 x 19 ft437 sq ft
Utility10 x 7 ft70 sq ft
Bathroom9 x 4 ft36 sq ft
Living18 x 12 ft216 sq ft
Br11 x 9 ft99 sq ft
Br10 x 8 ft80 sq ft
Bathroom7 x 5 ft35 sq ft
Kitchen13 x 14 ft182 sq ft
Mudroom9 x 8 ft72 sq ft
Bathroom8 x 5 ft40 sq ft
Living15 x 14 ft210 sq ft
Kitchen11 x 8 ft88 sq ft
Br13 x 10 ft130 sq ft
Bathroom7 x 4 ft28 sq ft
Living14 x 12 ft168 sq ft
Kitchen13 x 8 ft104 sq ft
Br10 x 9 ft90 sq ft
Bathroom6 x 5 ft30 sq ft

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.