Primary photo of 408 MERSEA RD 3, Leamington
1 / 50

House For Sale

$1,399,900

MLS® Number: 26006616

Bedrooms

8

Bathrooms

3

Floor Area

3,600

Year Built

1980

408 MERSEA RD 3, Leamington, Ontario

About This Property

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.

Property Details

Interior Details

Appliances

Refrigerator, Central Vacuum, Dishwasher, Stove, Oven, Dryer, Freezer, Two Refrigerators

Bathrooms Partial

1

Bathrooms Total

3

Bedrooms Total

8

Cooling

Central air conditioning

Fireplace Features

Gas, Conventional

Fireplace

True

Fireplaces Total

1

Flooring

Hardwood, Laminate, Ceramic/Porcelain

Heating

Forced air, Natural gas

Living Area

3600 sqft

Building & Exterior

Architectural Style

Bungalow

Exterior Features

Brick

Foundation Details

Block

Parking Features

Garage

Stories

1.0

Year Built

1980

Land & Location

Lot Features

Circular Driveway, Concrete Driveway, Front Driveway

Lot Size Dimensions

110 X 300 FT / 0.76 AC

Postal Code

N8H3V5

Listing & Financials

Listing Office

REMAX PREFERRED REALTY LTD. - 588

Originating System Name

Windsor-Essex County Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($279,980)
5.5%
25 Years

Estimated Monthly Payment

$6,877

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property