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For Sale

1 Prince Street

Forest, Lambton Shores, ON
$539,999
5Bd
3Ba
2,750+sqft
4Parking
50.89 x 19.75 mlot
$196/sqft
MultiplexMLS# X12469940Listed 2025-10-18184 DOM
Heating
Water Heater Owned
Cooling
Central Air
Basement
Unfinished

On the market for 184 days — longer than average. The seller may be open to negotiation.

About this home

Exceptional legal duplex in the heart of Forest, Lambton Shores! This well-maintained property offers an ideal opportunity for investors or multi-generational living, featuring two fully self-contained units with separate entrances and utilities. Unit A offers 3 bedrooms and 2 full bathrooms - a main-floor ensuite with a shower and a second-floor cheater ensuite with a relaxing tub. Unit B features 2 bedrooms and 1 full bathroom and is currently rented to long-term tenants who would like to stay with new ownership. Each unit has its own gas, water, and hydro meters, as well as individual furnaces, A/C units, and owned water heaters. Recent updates include furnaces replaced in 2019 and 2021, and water heaters in 2018 and 2023. All appliances are included, making this a truly turn-key property. Located in a desirable community close to schools, parks, shopping, and the beautiful beaches of Lake Huron. Whether you're expanding your portfolio or looking for a flexible live/rent setup, this property is a rare find offering both stability and potential for strong returns.

Rooms

Main Floor
Bedroom3.64 × 2.83 m
Kitchen4.87 × 2.49 m
Living Room5.30 × 3.46 m
Dining Room4.15 × 3.08 m
Bathroom2.30 × 1.68 m
Laundry2.13 × 3.02 m
Living Room4.65 × 6.71 m
Dining Room5.29 × 3.41 m
Bathroom2.10 × 1.62 m
Kitchen2.05 × 3.41 m
Laundry2.83 × 2.05 m
Second Floor
Bedroom 23.58 × 3.55 m
Bedroom 33.21 × 3.41 m
Bathroom3.05 × 2.60 m
Bedroom 45.01 × 4.03 m
Bedroom 52.69 × 2.50 m

Features

  • Accessory Apartment
  • Primary Bedroom - Main Floor
  • Storage
  • Water Heater Owned
  • Porch
  • Landscaped
  • Patio
  • Unfinished
  • Central Air
  • Other

Financials

Annual Taxes
$2,030

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield10.0% – 15.6%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Lambton Shores

Days on market184 days
Buyer's MarketSeller's Market

Based on active listings in Lambton Shores. Data updates daily.

Our estimate for this home

Priced 56.3% below estimate
Estimated range
$1.14M$1.33M
Mid-point $1.24M · ~$450/sqft
How this listing compares
$1.14MList · $540K$1.33M
High confidence·Based on 356 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$539,999
1 Prince Street, Lambton Shores
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