716 N INDIAN Road N
Sarnia, Ontario
MLS® 40866396
$4,500,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40866396
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- —
1 / 13Listing description
Introducing a compelling investment opportunity with this 25-unit townhouse complex located in Sarnia, ON. Each unit features a spacious 2-bedroom layout with 1. 5 baths, providing residents with comfortable and generous living spaces.
Notably, 19 of the 25 units have been updated, offering a value-added investment proposition. Additionally, there is a 44% gap to rents, presenting an exciting opportunity for increased cash flow. Furthermore, the property benefits from an extra monthly cash flow from the solar panels installed on the roof.
This is made up of 12 Towns at pin 730 Indian and 13 Towns at 716 Indian with a metal roof and the solar on 716 Indian. The list price is for both properties.
Property summary
- MLS® number
- 40866396
- Property type
- Multi-family
- Size
- 1,300 sq ft
- Title
- Freehold
- Annual property taxes
- $47,150.00
- Parking
- 37 spaces · Open
- Days on market
- 15 days
Features & details
- Heating
- Natural gas
- Cooling
- Central air conditioning
- Basement
- Unfinished, Partial
- Exterior features
- Wood
What would this home cost you?
Based on the $4,500,000 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 Royal LePage Burloak Real Estate Services, Burlington.
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.