51 King Street W, Lambton Shores, ON N0N 1J0

About this residence

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 details

Property type

Multiplex

Total rooms

17

Garage

None

Annual taxes

$4,196 (2026)

Possession

1-29 days

Directions

TAKE HIGHWAY 21 FROM 402 TO KING STREET IN FOREST THEN LEFT AND SUBJECT IS ON THE LEFT HAND SIDE

Location