51 King St W
Lambton Shores, Ontario
Beds
5
Baths
5
Sqft
3,500
Type
Multiplex
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 #
- X13798314
- Board
- PROPTX
- Market
- ontario
- Property Type
- Multiplex
- Style
- 2-Storey
- Year Built
- 100+
- Garage
- None
- Basement
- Full, Unfinished
- Heating
- Radiant
- Cooling
- None
- Pool
- None
- Lot Size
- 51.34 × 47.1 ft
- Annual Taxes
- $4,196/yr
- Listed By
- ROYAL LEPAGE TRILAND REALTY
- Listed On
- September 17, 2026
Features & Extras
Extras
(3) FRIDGES, (3) STOVES
Room Measurements
| Room | Level | Size |
|---|---|---|
| Sitting | Main | 2.87 × 3.63 m |
| Kitchen | Main | 3.51 × 6.28 m |
| Bathroom | Main | 1.0 × 0.49 m |
| Common Rm | Main | 5.12 × 9.85 m |
| Utility | Main | 3.29 × 3.32 m |
| Great Rm | Main | 5.7 × 6.92 m |
| Utility | Main | 2.2 × 2.96 m |
| Bathroom | Main | 1.25 × 2.65 m |
| Living | 2nd | 3.57 × 5.43 m |
| Br | 2nd | 2.65 × 3.29 m |
| Br | 2nd | 2.5 × 3.08 m |
| Bathroom | 2nd | 1.55 × 2.07 m |
| Kitchen | 2nd | 4.15 × 3.84 m |
| Mudroom | 2nd | 2.5 × 2.87 m |
| Bathroom | 2nd | 1.46 × 2.41 m |
| Living | 2nd | 4.33 × 4.57 m |
| Kitchen | 2nd | 2.41 × 3.32 m |
| Br | 2nd | 3.2 × 3.96 m |
| Bathroom | 2nd | 1.25 × 2.16 m |
| Living | 2nd | 3.51 × 4.24 m |
| Kitchen | 2nd | 2.5 × 3.96 m |
| Br | 2nd | 2.65 × 2.96 m |
| Bathroom | 2nd | 1.52 × 1.86 m |
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