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$1,399,900
164 Days On Site

408 MERSEA RD 3
Leamington, ON N8H 3V5

For Sale|Single Family Residence|Active
8
Beds
3
Total Baths
1
Partial Bath
3,600
SqFt
$389
/SqFt
1980
Built
Call Now: 647-313-4314
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647-313-4314
408 MERSEA RD 3408 MERSEA RD 3408 MERSEA RD 3408 MERSEA RD 3
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Monthly Payment (Est.)

$6,387
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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. (id:31684)

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Listing Snapshot
Price 
$1,399,900
Days On Site 
164 Days
Bedrooms 
8
Inside Area (SqFt) 
3,600 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
1
Lot Size 
N/A
Year Built 
1980
MLS® Number 
26006616
Status 
Active
Property Tax 
N/A
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
5 months agoListing first seen on site
General Features
Foundation 
Block
Number Of Stories 
1
Parking 
Circular DrivewayConcreteGarageDriveway
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Above 
3600
Style 
Bungalow
Zoning 
A5-16
Interior Features
Appliances 
CooktopRefrigeratorDishwasherOvenDryerFreezer
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Gas
Fireplaces 
1
Flooring 
HardwoodLaminate
Heating 
Forced AirNatural Gas
Interior 
Central Vacuum
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Exterior Features
Construction Details 
Brick

Listing courtesy of: MICHAEL GARGANTA of REMAX PREFERRED REALTY LTD. - 588

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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