For sale 50$499,900
51 King Street West
Forest, Lambton Shores, Ontario N0N1J0
For sale· Added
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 room | Main level | 3.63 x 2.87 m |
| Bedroom | Second level | 3.08 x 2.5 m |
| Kitchen | Main level | 6.28 x 3.51 m |
| Bathroom | Second level | 2.07 x 1.55 m |
| Kitchen | Second level | 3.84 x 4.15 m |
| Mud room | Second level | 2.87 x 2.5 m |
| Bathroom | Second level | 2.41 x 1.46 m |
| Living room | Second level | 4.57 x 4.33 m |
| Kitchen | Second level | 3.32 x 2.41 m |
| Bedroom | Second level | 3.96 x 3.2 m |
| Bathroom | Second level | 2.16 x 1.25 m |
| Living room | Second level | 4.24 x 3.51 m |
| Kitchen | Second level | 3.96 x 2.5 m |
| Bedroom | Second level | 2.96 x 2.65 m |
| Bathroom | Main level | 0.49 x 1 m |
| Bathroom | Second level | 1.86 x 1.52 m |
| Utility room | Main level | 3.32 x 3.29 m |
| Great room | Main level | 6.92 x 5.7 m |
| Utility room | Main level | 2.96 x 2.2 m |
| Bathroom | Main level | 2.65 x 1.25 m |
| Living room | Second level | 5.43 x 3.57 m |
| Bedroom | Second level | 3.29 x 2.65 m |
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