58 KING STREET E, Lambton Shores (Forest)
$850,000
For sale: Other
- Property type
- Investment
- MLS®
- MLS® X12988234
- Neighbourhood
- Forest
LOOKING FOR A STABLE CAREFREE INVESTMENT ? Stand alone building * Fully tenanted by a very successful licensed restaurant * 2,600 sq. ft. of recently renovated building * Parking for 17 spots * Offered to market at a SIX PERCENT !! (6%) Capitalization RATE * Corner lot
Sold data
Homes in Lambton Shores (Forest) — recent sold market
Homes in Lambton Shores (Forest) took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 69, across 63 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.
The median sale price was $679,000.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
- Median days to sell
- 38
- Median sale price
- $679,000
- Sale-to-list ratio
- 96.2%
- Sold above asking
- 8%
Based on 63 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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