94 King Street, Lambton Shores, ON
Property Highlights
Welcome to this remarkable sale of business 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 $1,588,000 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.
- 0 Bedrooms and 4 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Opportunity Knocks! Run Your Own Business or For Development! Large Lot 2.48 Acre W/ 277' Frontage. Newly Upgraded 2 Storey Freestanding Building, Total 5690 Sqft, Main Floor 4400 Sqft Restaurant W/ Liquor & Patio Licences for 170 Inside + 38 Outdoor Seats. Full Commercial Kitchen Contains 24 Ft Long Hood & 2 Large Walk-In Coolers. Men and Women's Washrooms ,1 Employee Bath w/ Shower.Turnkey Business W/ High Ranking Google Reviews. 2nd Floor Around 1100 Sqft New Renovated 3 Bedrooms + 2 Bathrooms Apartment W/ Separated Entrance. Large Lot Size, New Upgraded Asphalt Parking Lot W/ 30 Spots And More. C2 Zoning Permits Wide Range of Commercial and Retail Uses, With Great Redevelopment Potencial. Excellence Location at the Main Commercial Strip of Forest, Lambton. On Busy Hwy 21, the Road Connecting To Hwy 402 To Sarnia and Grand Bend. Closed to Main Chain Stores Foodland Supermarket, Tim Horton's, The Shores Recreation Centre, school. About 30 Minutes to Sarnia, 50 Minutes to London, 2 Hours 40 Minutes to Toronto, and 1 Hour 30 Minutes To Detroit USA.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 94 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.
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About Purchasing a Home in Lambton Shores, ON
For a property listed at $1,588,000 in Lambton Shores, the legal minimum down payment is $317,600 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 $28,235 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 $28,235.
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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.