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5 days on Market

51 King St, Lambton Shores, Ontario N0N 1J0

Townhouse
5
5
~3500-5000 sqft
$499,900
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Townhouse
5
5
~3500-5000 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$121/sqft

Monthly cost

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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!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3500-5000 SqFt
Lot Size2,418 SqFt(47.1 x 51.34)
Parking Spaces-
MLS ®NumberX13798314
Community NameLambton Shores
Data SourceTRREB
Listing byROYAL LEPAGE TRILAND REALTY

Features

Heating: Radiant
Basement: Full, Unfinished

Main Floor

Sitting

3.63 x 2.87

Kitchen

6.28 x 3.51

Bathroom

0.49 x 1.0

Common Rm

9.85 x 5.12


Features

Lot size: 2,418 SqFt

Property History

Sep 17, 2026
ListedActive
$499,900
5 days on market
history photo preview43
Listing by trreb®
Property listed by ROYAL LEPAGE TRILAND REALTY, Brokerage
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Market Data - Lambton Shores

Geo Zone Map ThumbnailLambton Shores

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

113 days

2024

192 days

2023

0 day

New Listings

Past 30 days

2 listings

Compared to

2025

0 listing

2024

1 listing

2023

10 listings

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

2 units

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$635,000

2024

$572,400


Population and Demographics

Overview

Total population 12888
Average household income $109,815

Age (%)

0 to 19
17%
20 to 34
13%
35 to 49
13%
50 to 64
26%
65 and plus
32%

Household composition (%)

Single family
67%
Single person
30%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
Dutch
2%

House tenancy (%)

Owners
82%
Renters
18%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget