51 King St W

About this Property

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!

Listing Details

MLS #

X13798284

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Multi-Use

Year Built

100+

Garage

None

Basement

Y

Heating

Gas Hot Water

Cooling

N

Lot Size

50.75 × 47.1 ft

Annual Taxes

$4,196/yr

Listed By

ROYAL LEPAGE TRILAND REALTY

Listed On

September 17, 2026

Features & Extras