For Sale: 51 King Street W, Lambton Shores, ON - REW
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$499,900
5 bd • 5 ba • 3500 - 4999 sf • Multifamily
51 King Street W
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$499,900
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51 King Street WLambton Shores, ON, N0N 1J0

  • 5 Bed
  • 5 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

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! (id:63626)
Listed by: MATT YOUNG, Sales Representative, ROYAL LEPAGE TRILAND REALTY

Home facts and features

Price details
List Price
$499,900
Get Pre-Approved
Gross Taxes for 2025
$4,196
Home facts
Bedrooms
5
Full Bathrooms
4
Partial Bathrooms
1
Parking Details
No Garage
Property Type
Multifamily
Lot Size
51 ft x 47 ft (2416 ft²)
Depth
47.1 feet
Frontage
51.3 feet
Exterior Finish
Brick
Heating Type
Radiant heat, Natural gas
Basement Details
Unfinished, Full
Features
Flat site, Separate Electricity Meters
Appliances
Refrigerator, Stove, Water Heater
Agent details
Primary Agent
MATT YOUNG
Primary Broker
ROYAL LEPAGE TRILAND REALTY
Secondary Agent
AMY YOUNG
Secondary Broker
ROYAL LEPAGE TRILAND REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13798314
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

North Lambton Secondary School
  • Public
  • 9 - 12
St John Fisher Catholic School
  • Catholic
  • JK - 8
Kinnwood Central Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Sales Representative
MATT YOUNG
Phone:
(519) 672-9880
Cell:
519-872-2428
Office:
519-672-9880
Salesperson
AMY YOUNG
Phone:
519-672-9880
Cell:
519-854-3229
Office:
519-672-9880
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