51 King St W
Lambton Shores, ON N0N 1J0
For more information on this listing, contact us at: (647) 360-2908
Active
$499,900
51 King St W Lambton Shores, ON N0N 1J0
Multiplex
Property Type
5
Beds
5
Baths
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
Monthly Assoc. Fee
N/A
On Site
19 Days
Last Updated
9/17/2026
Location
Contact Agent
Ariez Reyes Tamboowalla
(647) 360-2908Property Details
Community Information
Address
51 King St W, Lambton Shores, ON N0N 1J0
Area
Lambton
City
Lambton Shores
Community
Forest
Postal Code
N0N 1J0
Architecture
Bedrooms
5
Bathrooms
5
Stories
2
Style
2-Storey
Construction Materials
Brick
Approx Age
100+
Roof
Flat
Foundation Details
Brick
Basement
Full, Unfinished
Features / Amenities
Interior Features
Separate Hydro Meter, Water Heater Owned
Kitchens Total
5
Direction Faces
South
Heat Type
Radiant
Heat Source
Gas
Property Features
Property Features
Beach, Golf, Park
Topography
Flat
Sq. Ft.
3500-5000
Sewer
Sewer
Directions
TAKE HIGHWAY 21 FROM 402 TO KING STREET IN FOREST THEN LEFT AND SUBJECT IS ON THE LEFT HAND SIDE
Tax and Financial Info
Tax Annual Amount
$4,196.17
Tax Year
2026
Listing Office
Listing provided courtesy of Royal Lepage Triland Realty.
Rooms
| Level | Size | |
| Kitchen | Main | 20.60 X 11.52 |
| Bathroom | Second | 7.91 X 4.79 |
| Bathroom | Main | 1.61 X 3.28 |
| Bathroom | Second | 6.79 X 5.09 |
| Living Room | Second | 17.82 X 11.71 |
| Mud Room | Second | 9.42 X 8.20 |
| Living Room | Second | 13.91 X 11.52 |
| Utility Room | Main | 9.71 X 7.22 |
| Common Room | Main | 32.32 X 16.80 |
| Kitchen | Second | 10.89 X 7.91 |
| Utility Room | Main | 10.89 X 10.79 |
| Bedroom | Second | 10.11 X 8.20 |
| Bathroom | Main | 8.69 X 4.10 |
| Living Room | Second | 14.99 X 14.21 |
| Great Room | Main | 22.70 X 18.70 |
| Bedroom | Second | 10.79 X 8.69 |
| Bathroom | Second | 7.09 X 4.10 |
| Bedroom | Second | 12.99 X 10.50 |
| Kitchen | Second | 12.60 X 13.62 |
| Sitting | Main | 11.91 X 9.42 |
| Kitchen | Second | 12.99 X 8.20 |
| Bedroom | Second | 9.71 X 8.69 |
| Bathroom | Second | 6.10 X 4.99 |
Mortgage Calculator
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Purchase price
Down payment
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Listing Information Last Updated 9/17/2026
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