Property Information:

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:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fireplace Fuel: Gas
Fireplace Type: Conventional
Floor Space: 3600 sqft
Flooring Type: Hardwood, Laminate
Foundation Type: Block
Total Finished Area: 3600 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Central Vacuum, Dishwasher, Dryer, Freezer, Refrigerator, Stove, Oven

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 5+3
Bathrooms: 3
Half Bathrooms: 1
Built in: 1980
Features:
Floor Space (approx): 3600 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Size: 110 X 300 FT / 0.76 AC
Zoning: A5-16
Sewer: Septic System
Parking Type: Garage

Rooms:

Bathroom Lower Level Measurements not available
Living Lower Level 15 x 36
Bedroom Lower Level 10 x 13
Bedroom Lower Level 13 x 20
Bedroom Lower Level 13 x 17
Primary Bedroom Lower Level 17 x 16
Kitchen Lower Level 13 x 15
Bathroom Main Level Measurements not available
Bathroom Main Level Measurements not available
Bathroom Main Level Measurements not available
Office Main Level 9 x 12
Foyer Main Level 8 x 16
Bedroom Main Level 12 x 15
Bedroom Main Level 13 x 12
Bedroom Main Level 12 x 13
Primary Bedroom Main Level 11 x 13
Dining Main Level 13 x 22
Living Main Level 15 x 23
Kitchen Main Level 11 x 18

Courtesy of: REMAX PREFERRED REALTY LTD. - 588

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Demographic Information of 408 MERSEA RD 3, Leamington, Ontario, N8H 3V5

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$119,302.65

Average Number of Children

2.28

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

42.58 %

High school certificate or equivalent

24.94 %

Apprenticeship trade certificate/diploma

2.85 %

College/non-university certificate

13.95 %

University Degree

15.69 %

Commuter

Travel To Work

By Car

87.54 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

12.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

408 MERSEA RD 3, Leamington, Ontario, N8H 3V5

Property Information:

Building Features:

Property Features:

Rooms:

Market Price Trends

Location of 408 MERSEA RD 3, Leamington, Ontario, N8H 3V5

Demographic Information of 408 MERSEA RD 3, Leamington, Ontario, N8H 3V5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent