STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$499,900
Available - For Sale
Listing ID: X13798284
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!
Price $499,900
Taxes: $4,196.17
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 51 King Street West , Lambton Shores, N0N 1J0, Lambton
Postal Code: N0N 1J0
Province/State: Lambton
Legal Description: PT LT 6 S/S KING ST, 7 S/S KING ST PL 3
Directions/Cross Streets: KING WEST AND WASHINGTON
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Building Percentage: F
Total Area: 4,129
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Approximatly Age: 100+
Franchise: F
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Gas Hot Water
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY

51 King Street West , Lambton Shores, N0N 1J0, Lambton

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Stan Khurana
Sales Representative
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6473836000
Bus:
905-883-1988

 
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At a Glance:
Type: Com - Commercial Retail
Area: Lambton
Municipality: Lambton Shores
Neighbourhood: Forest
Style:
Lot Size: x 47.10(Feet)
Approximate Age: 100+
Tax: $4,196.17
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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