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$1,399,900
23 Days On Site

408 MERSEA RD 3
Leamington, ON N8H3V5

For Sale|Single Family Residence|Active
8
Beds
3
Total Baths
1
Partial Bath
3,600
SqFt
$389
/SqFt
1980
Built
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 
23 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
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Garage 
Yes
Levels 
One
Parking 
Detached
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
3600
Style 
Bungalow
Interior Features
Cooling 
Central Air
Fireplace Features 
Gas
Flooring 
Ceramic TileHardwoodLaminate
Heating 
Forced AirNatural Gas
Bathroom 1 
Dimensions - Measurements not availableLevel - Lower
Bathroom 2 
Dimensions - Measurements not availableLevel - Main
Bathroom 3 
Dimensions - Measurements not availableLevel - Main
Bathroom 4 
Dimensions - Measurements not availableLevel - Main
Bedroom 1 
Dimensions - 10 x 13Level - Lower
Bedroom 2 
Dimensions - 13 x 20Level - Lower
Bedroom 3 
Dimensions - 13 x 17Level - Lower
Bedroom 5 
Dimensions - 12 x 15Level - Main
Bedroom 6 
Dimensions - 13 x 12Level - Main
Bedroom 7 
Dimensions - 12 x 13Level - Main
Dining Room 
Dimensions - 13 x 22Level - Main
Foyer 
Dimensions - 8 x 16Level - Main
Kitchen 
Dimensions - 13 x 15Level - Lower
Living Room 
Dimensions - 15 x 36Level - Lower
Master Bedroom 
Dimensions - 11 x 13Level - Main
Office 
Dimensions - 9 x 12Level - Main
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Exterior Features
Lot Features 
Landscaped

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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