Property Information:

Pride of ownership is evident throughout this well-maintained duplex featuring two updated 2-bedroom units in excellent condition. A fantastic opportunity for investors, this property offers strong cash flow with quality tenants paying market rents of $1,450 and $1,537 per month. Both units are separately metered for hydro and gas, with tenants paying their own utilities, and each unit includes the convenience of in-suite laundry. Recent updates include a brand new furnace and owned hot water tank in one unit, a newer furnace and owned hot water tank in the other, mostly new windows, updated wiring, chimney repairs, and parging on the front pillars. Owner-occupants will also appreciate the opportunity to live in one unit while generating rental income from the second unit to help offset mortgage payments and reduce monthly housing costs. Conveniently located close to the riverfront, shopping, and the downtown core, this property is an excellent addition to an investment portfolio or a smart option for buyers looking to supplement their income. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Amenities: Laundry Facility, Shopping Area
Exterior Finish:
Flooring Type: Laminate
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 1925
Irregular: Yes
Lot Size: 30.05/47.98 X 100.24 (IRREG.) / 0.09 AC
Zoning: R3
Parking Type: Other
No. of Parking Spaces: 2

Rooms:

Bathroom 2nd Level Measurements not available
Kitchen 2nd Level 9.5 x 15.5
Bedroom 2nd Level 9.7 x 10.7
Bedroom 2nd Level 9.7 x 13.4
Den 2nd Level 9.11 x 9.7
Living 2nd Level 15.10 x 11.7
Utility Basement Level 18.10 x 21.11
Storage Basement Level 21.7 x 18.10
Bathroom Main Level Measurements not available
Kitchen Main Level 9.5 x 15.5
Bedroom Main Level 9.7 x 10.7
Bedroom Main Level 9.7 x 13.4
Den Main Level 9.11 x 9.7
Living Main Level 15.10 x 11.7

Courtesy of: RE/MAX Sarnia Realty Inc

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Demographic Information of 198 BROCK STREET North, Sarnia, Ontario, N7T 5Z3

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$93,646.45

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.49 %

High school certificate or equivalent

32.7 %

Apprenticeship trade certificate/diploma

7.5 %

College/non-university certificate

24.77 %

University certificate (below bachelor)

0.31 %

University Degree

16.22 %

Commuter

Travel To Work

By Car

81.25 %

By Public Transit

1.65 %

By Walking

11.79 %

By Bicycle

1.58 %

By Other Methods

3.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.6 %

Houses

37.4 %

198 BROCK STREET North, Sarnia, Ontario, N7T 5Z3