Welcome to this remarkable commercial retail located in the coveted neighborhood of Forest. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $525,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Free Standing, New Site Plan approved for approx. 2300 Sqft Building with Drive Thru. current building is 2087 sq ft. Located at the Main Shopping Strip Of Forest Ontario. ** Approximately 0.56Acre Land. ** Lots Of Parking. Previously A Restaurant With Lots Of Existing Improvements. Zoning Allows Many Uses ( Retail, Office Etc). Located Along Hwy 21 ( King Street), A High Traffic Road Connecting To Hwy 402 To Sarina And Grand Bend. the Town Re-Paved King Street And upgraded Services In The Past 2 Years.
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Data-driven valuation for 95 King Street E, Lambton Shores, ON N0N 1J0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lambton Shores.
About Purchasing a Home in Lambton Shores, ON
For a property listed at $525,000 in Lambton Shores, the legal minimum down payment is $27,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,975 for this transaction. As this listing is in Lambton Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.