53-55 King Street W, Lambton Shores

$199,900
53-55 King Street W

$199,900

New
22d
Store W Apt/Office

53-55 King Street W, Lambton Shores

Total Monthly Obligation $1,302

Beds
0
Baths
0
Park
0
DOM
22d
Property Type-Store W Apt/Office
MLS® Number-X13847722
Beds-0
Lot Size-2045 × 180.45 ft
Listed on site-Oct 1, 2026
Building Type-Store W Apt/Office
Taxes-$3,551 (2025)
Parking-None
Heating-None
Brokerage-RE/MAX SARNIA REALTY INC.
Cooling-No
Fireplace-No
Pool-None
Possession-NEG.
Neighbourhood-Forest
Title-Commercial

No agent assigned

Looking for your next prime investment opportunity? Welcome to 53-55 King Street, located in the thriving and tight-knit community of Forest. Situated in the very heart of the downtown core, this property provides unmatched visibility and walkability for future tenants. Building permits are already in place, allowing for two main-floor commercial units and up to four residential units above, giving investors the flexibility to shape a vibrant mixed-use space. With Forest's continued growth and strong demand for both retail and residential rentals, this property offers exceptional potential to contribute to - and benefit from - the community's momentum.

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Closing Costs

Mortgage Amount
$159,920
Land Transfer Taxes$1,724
Legal Fees (Est.)
$
Total cash required for closing$43,204

Total Monthly Obligation

$1,302/mo
Mortgage $806
Monthly Loss $1,090
Principal$212
Interest$594
Property Tax$296
Home Insurance$50
Variable Costs$150

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 53-55 King Street W

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.