51 King Street

For Sale
5.37 BTC
51 King Street, Lambton Shores
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
51 King Street
5
BEDROOMS
5
BATHROOMS
5
KITCHENS
17
ROOMS
X13798314
MLSID
Contact Us
Property 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!
Property Features
Beach, Golf, Park, Separate Hydro Meter, Water Heater Owned
Property Details
Property Type
Multiplex
Lot Size
51' x 47'
Taxes
$4,196 (2026)
Basement
Full, Unfinished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Garage Type
None
Listing contracted with Royal Lepage Triland Realty
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