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Royal LePage
Royal LePage
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$789,900

58 MARLBOROUGH STREET East, Leamington, Ontario, N8H 1W7

MLS® # 26015930

Leamington ON, N8H 1W7

MLS® # 26015930

Property Information:

Exceptional turnkey investment opportunity! This fully tenanted legal duplex with a newly completed legal Additional Dwelling Unit (ADU) offers three income-producing rental units and immediate cash flow from day one. No need to find tenants, every unit is occupied, making this a seamless addition to any investment portfolio. The brand-new legal ADU was completed this year with stylish modern finishes throughout with its own back separate large concrete driveway, while the main and upper units have also been extensively renovated. Major improvements include new electrical throughout, a new upstairs sub-panel, new central A/C, new kitchens in all units, and numerous updates that minimize future maintenance costs. Whether you’re expanding your portfolio or purchasing your first income property, this is a rare opportunity to own a low-maintenance, fully leased investment with three legal rental units already generating income. Viewing offers as they come - reach out today for more info! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Laundry Facility, Shopping Area
  • Exterior Finish:
  • Flooring Type: Laminate
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Size: 53.3 FT X 156.48 FT / 0.192 AC
  • Zoning: DUPLEX ADU
  • Parking Type: Other
  • No. of Parking Spaces: 1

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Dining 2nd Level Measurements not available
  • Living 2nd Level Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Living Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Laundry Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Dining Main Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Living Main Level Measurements not available

Courtesy of: JUMP REALTY INC.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 58 MARLBOROUGH STREET East, Leamington, Ontario, N8H 1W7

Demographic Information of 58 MARLBOROUGH STREET East, Leamington, Ontario, N8H 1W7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,106.06

Average Number of Children

1.91

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

39.9 %

High school certificate or equivalent

33.09 %

Apprenticeship trade certificate/diploma

2.57 %

College/non-university certificate

18.74 %

University Degree

5.71 %

Commuter

Travel To Work

By Car

93.13 %

By Public Transit

2.6 %

By Walking

2.34 %

By Bicycle

0.98 %

By Other Methods

0.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.84 %

Houses

72.16 %

Own Vs. Rent

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