Scout N Secure

$499,900

Map

51 King Street West

Forest, Lambton Shores, Ontario N0N1J0

For sale· Added

5 bed5 bath3,500–5,000 sqft

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!

Location

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Property details

Listing

MLS® number
X13798314
Added
Sep 17, 2026 ()
Updated
Sep 17, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Other
Storeys
2

Inside

Bedrooms
5
Bathrooms
5
Half baths
1
Heating
Radiant heat, Natural gas
Cooling
None
Fireplace
No
Appliances
Refrigerator, Stove, Water Heater
Features
Flat site

Building

Basement
Unfinished, Full
Exterior
Brick
Foundation
Brick
Parking
No Garage
Amenities
Separate Electricity Meters

Land

Lot size
51.3 x 47.1 ft
Zoning
C1

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
King Street West And Washington
Directions
Take Highway 21 From 402 To King Street In Forest Then Left And Subject Is On The Left Hand Side.

Running costs

Annual property tax (2025)
$4,196

Rooms

Sitting roomMain level3.63 x 2.87 m
BedroomSecond level3.08 x 2.5 m
KitchenMain level6.28 x 3.51 m
BathroomSecond level2.07 x 1.55 m
KitchenSecond level3.84 x 4.15 m
Mud roomSecond level2.87 x 2.5 m
BathroomSecond level2.41 x 1.46 m
Living roomSecond level4.57 x 4.33 m
KitchenSecond level3.32 x 2.41 m
BedroomSecond level3.96 x 3.2 m
BathroomSecond level2.16 x 1.25 m
Living roomSecond level4.24 x 3.51 m
KitchenSecond level3.96 x 2.5 m
BedroomSecond level2.96 x 2.65 m
BathroomMain level0.49 x 1 m
BathroomSecond level1.86 x 1.52 m
Utility roomMain level3.32 x 3.29 m
Great roomMain level6.92 x 5.7 m
Utility roomMain level2.96 x 2.2 m
BathroomMain level2.65 x 1.25 m
Living roomSecond level5.43 x 3.57 m
BedroomSecond level3.29 x 2.65 m

Ask about this home

$499,900
51 King Street West
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