7 UNION STREET W
Lambton Shores (Arkona), Ontario
MLS® X14142486
$599,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14142486
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- —
Listing description
An excellent opportunity for investors or buyers looking to get into the market with the added benefit of a mortgage helper! This side-by-side duplex in the quiet community of Arkona offers two separate units, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking to expand their portfolio. Both units were fully renovated in 2021, including new electrical, plumbing, insulation, drywall, lighting and more.
The vacant east unit features 2 bedrooms, a generously sized 5-piece bathroom and a finished basement, offering additional living space. A detached garage adds extra convenience and storage. Located just minutes from Forest and approximately 30 minutes from both Sarnia and London, this property offers the appeal of small-town living with convenient access to nearby amenities.
One unit is currently vacant, providing flexibility for a new owner, while the other is tenanted at $1,500 per month, with the tenant responsible for hydro and gas. Whether you're looking to live in one unit and have the other help with the mortgage or add an income property to your portfolio, this is an opportunity worth exploring!
Property summary
- MLS® number
- X14142486
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 178.6 x 217.6 FT
- Annual property taxes
- $1,704.53
- Parking
- 8 spaces · Detached Garage, Garage
- Days on market
- 2 days
Features & details
- Heating
- Natural gas, Other
- Cooling
- Window air conditioner
- Basement
- Finished, Partial
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Furniture, Window Coverings
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $599,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of KELLER WILLIAMS LIFESTYLES, FOREST.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.