408 MERSEA RD 3
Leamington, Ontario
MLS® 26006616
$1,399,900
- Status
- Active
- Property type
- House
- MLS® number
- 26006616
- Bedrooms
- 8
- Bathrooms
- 3
- Year built
- 1980
1 / 50Listing description
This impressive income-generating property just outside Leamington offers a rare opportunity for investors seeking multiple revenue streams in one asset. The approximately 3,600 sq ft residence features 8 bedrooms and 3 bathrooms, with the lower level currently configured as a separate income-producing apartment. Adding to the appeal is the approximately 4,200 sq ft manufacturing shop complete with in-floor heating and various electrical supply, currently leased and contributing additional rental income.
With residential and commercial components, strong in-place revenue, and tenants responsible for utility usage, this property presents a compelling opportunity for investors looking to expand their portfolio. Buyer to verify zoning, measurements, permitted uses. CALL LS FOR FULL DETAILS OF FINANCES AND COMPANY LEASING THE PREMISES.
Property summary
- MLS® number
- 26006616
- Property type
- Single Family
- Building type
- House
- Square footage
- 3,600 sq ft
- Title
- Freehold
- Land size
- 110 X 300 FT / 0.76 AC
- Built in
- 1980
- Parking
- Garage
- Days on market
- 181 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Flooring
- Hardwood, Laminate, Ceramic/Porcelain
- Appliances
- Refrigerator, Central Vacuum, Dishwasher, Stove, Oven, Dryer, Freezer, Two Refrigerators
- Exterior features
- Brick
- Lot features
- Circular Driveway, Concrete Driveway, Front Driveway
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,399,900 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 REMAX PREFERRED REALTY LTD. - 588, KINGSVILLE.
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.