51 King Street W, Lambton Shores, ON

Lambton Shores, Forest Hood
KING STREET WEST AND WASHINGTON
5 Br | 5 Bath | 3500-5000 Sqft
$499,900 For Sale

Property Overview

  • Multiplex — 2-Storey
  • SqFt: | 3500-5000 Sqft
  • Lot Size: 51.34 x 47.10 Feet
  • Age: 100+ Years
  • Basement: Full, Unfinished
  • Exterior: Brick
  • Taxes: 4,196 / 2026
  • Zoning: n/a
  • MLS #: X13798314
  • Sewer: Sewer
  • Heat Source: Gas , Radiant

Property Description

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!

(3) FRIDGES, (3) STOVES

Property Details

  • For: For Sale
  • Type: Multiplex
  • Style: 2-Storey
  • Lot: 51.34 x 47.10 Feet
  • Region: Lambton
  • Hood: Forest
  • Zoning: n/a
  • Lot Irreg: Fronting on: South
  • Fronting On: South

Building Details

  • Age: 100+ Years
  • Exterior: Brick
  • Heat: Gas , Radiant
  • A/C: None
  • Interior Features: Separate Hydro Meter, Water Heater Owned
  • Pool: None
  • Sewer: Sewer
  • Garage: None
  • Total Parking: 0.00

Property Interior

  • Sqft: 3500-5000 Sqft
  • Bed: 5
  • Bath: 5
  • Kitchen: 5
  • Family Room: No
  • Basement: Full, Unfinished
Rooms Details

Sitting

Main Level

3.63 x 2.87

Kitchen

Main Level

6.28 x 3.51

Bathroom

Main Level

0.49 x 1

Common Room

Main Level

9.85 x 5.12

Utility Room

Main Level

3.32 x 3.29

Great Room

Main Level

6.92 x 5.7

Utility Room

Main Level

2.96 x 2.2

Bathroom

Main Level

2.65 x 1.25

Living Room

Second Level

5.43 x 3.57

Bedroom

Second Level

3.29 x 2.65

Bedroom

Second Level

3.08 x 2.5

Bathroom

Second Level

2.07 x 1.55

Kitchen

Second Level

3.84 x 4.15

Mud Room

Second Level

2.87 x 2.5

Bathroom

Second Level

2.41 x 1.46

Living Room

Second Level

4.57 x 4.33

Kitchen

Second Level

3.32 x 2.41

Bedroom

Second Level

3.96 x 3.2

Bathroom

Second Level

2.16 x 1.25

Living Room

Second Level

4.24 x 3.51

Kitchen

Second Level

3.96 x 2.5

Bedroom

Second Level

2.96 x 2.65

Bathroom

Second Level

1.86 x 1.52

Property Listed by: ROYAL LEPAGE TRILAND REALTY
Virtual Tour: n/a

Home Valuation Estimate

What is 51 King Street W, Lambton Shores, ON worth in today’s Forest, Lambton Shores market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 5-bedroom Multiplex with 3500-5000 sq. ft. in Forest, Lambton Shores. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

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Location

  • Address: 51 King Street W
  • Neighborhood: Forest
  • Zip/Postal Code: N0N 1J0
  • Nearby Amenities: Beach, Golf, Park
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About 51 King Street W, Lambton Shores, ON N0N 1J0, Lambton Shores

Located at 51 King Street W, Lambton Shores, ON in Lambton Shores (Forest neighbourhood), near KING STREET WEST AND WASHINGTON. This freehold home offers Multiplex, ["2-Storey"], 5 bedrooms, 5 bathrooms and 3500-5000 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Full, Unfinished • Garage: None • Heating: Gas Radiant • Cooling: None. Property taxes are approximately $4,196 for 2026. 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-s.

FAQs for 51 King Street W, Lambton Shores, ON , Forest , Lambton Shores

What are the listing details for 51 King Street W, Lambton Shores, ON?
51 King Street W, Lambton Shores, ON is a Multiplex for sale in Lambton Shores, in the Forest neighbourhood, Lambton. The current list price is $499,900. MLS number: X13798314.
How many bedrooms and bathrooms does this home have?
51 King Street W, Lambton Shores, ON is listed as a Multiplex with a ["2-Storey"] style, featuring 5 bedroom(s) and 5 bathroom(s). The listed interior size range is 3500-5000 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 51.34 x 47.10 Feet. The basement is listed as: Full, Unfinished. Garage type: None. Total parking: 0 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Radiant. Cooling is listed as: None. Exterior/construction materials are listed as: Brick.
Where is this property located?
51 King Street W, Lambton Shores, ON is located in the Forest neighbourhood of Lambton Shores. The listed cross street is KING STREET WEST AND WASHINGTON.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $4,196 / 2026. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.