Advantage Group Real Estate
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$499,900
51 King Street W • Lambton Shores, ONNew
Courtesy of ROYAL LEPAGE TRILAND REALTY
5
Bedrooms
5
Bathrooms
3500-5000
Square feet
0
Parking

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!

Property details

Property type
Multiplex
Style
2-Storey
Approx. age (yrs)
100+
Total rooms
17
Lot size
51.34 × 47.1 ft
Property taxes
$4,196.17 (2026)
Occupancy
FLEXIBLE
Days on market
2
Status
Active
MLS®

Property history

Location

Open in Google Maps

Recently sold nearby

Listing data last updated: Sep 17, 2026, 3:06 p.m. EDT via TRREB IDX.

First listed: Sep 17, 2026, 1:59 p.m. EDT.