Great investment opportunity. Solid brick "side-by-side" duplex with two 3-bedroom apartments. Each unit has their own gas and hydro meters as well as their own furnace/central air. Many updates completed including the roof (2017), furnace (2017), HWT (2022) and some windows. Centrally located between downtown and Hwy 402. Close to the grocery store, theatre, shopping, restaurants, pharmacies, banks and golf. Approx 30 minutes to Sarnia or Strathroy. Current tenants pay $1700/month and $1950/month plus utilities.
6 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $288 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 55 Main St S
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
6 spaces
Basement
Full, Unfinished
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
55 Main St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13805932$575,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 55 Main St S Compares to the Lambton Shores Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,825
/mo
based on the purchase price of $575,000
$115,000 cash
$460,000 financed
$387,441 total interest
Principal54%$460,000
Interest46%$387,441
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 55 Main St S
Homes for sale in Lambton Shores
Every active Lambton Shores MLS® listing, updated all day.
Average days on market64Homes sold in about 64 days on average.
Sale-to-list ratio95.6%On average, homes sold below asking.
Active listings160Homes for sale here right now.
Median vs prior 90 days+22.1%Compared with May 12 – Aug 10, 2026: prices up.
Based on 72 sales from Aug 10 – Nov 8, 2026 (63 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 55 Main St S
How much is 55 Main St S listed for?
55 Main St S is listed at $575,000 (MLS® X13805932). Summitly updates the price as soon as the MLS® record changes.
Is $575,000 a good price for 55 Main St S?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Lambton Shores. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 55 Main St S changed?
No — 55 Main St S is still listed at its original asking price of $575,000.
How many bedrooms and bathrooms does 55 Main St S have?
55 Main St S has 6 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a duplex in Lambton Shores.
How much would the monthly mortgage be on 55 Main St S?
About $2,825 a month — principal and interest on $575,000 with 20% down ($115,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 55 Main St S compare with other homes in Lambton Shores?
Its asking price of $575,000 is about 20% below the median sold price in Lambton Shores over the last 90 days, $714,500, across 72 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 55 Main St S been sold before?
Summitly has no earlier MLS® sale or lease of 55 Main St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 55 Main St S?
55 Main St S is in Lambton Shores, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Main St S been on the market?
50 days — 55 Main St S was listed on September 19, 2026.
What is the price per square foot of 55 Main St S?
About $230 to $288 per square foot: the asking price of $575,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 55 Main St S have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 55 Main St S have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.