408 Mersea Rd 3 Leamington, Ontario N8H 3V5

8 Bedroom 3 Bathroom 3,600 ft2
Bungalow Fireplace Central Air Conditioning Forced Air Landscaped

$1,399,900

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:63693)

Property Details

MLS® Number 26006616
Property Type Single Family
Features Circular Driveway, Concrete Driveway, Front Driveway

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Below Ground 3
Bedrooms Total 8
Appliances Central Vacuum, Dishwasher, Dryer, Freezer, Refrigerator, Stove, Oven, Two Refrigerators
Architectural Style Bungalow
Constructed Date 1980
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Fuel Gas
Fireplace Present Yes
Fireplace Type Conventional
Flooring Type Ceramic/porcelain, Hardwood, Laminate
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 3,600 Ft2
Total Finished Area 3600 Sqft
Type House

Parking

Garage

Land

Acreage No
Landscape Features Landscaped
Sewer Septic System
Size Irregular 110 X 300 Ft / 0.76 Ac
Size Total Text 110 X 300 Ft / 0.76 Ac
Zoning Description A5-16

Rooms

LevelTypeDimensions
Lower Level 2pc Bathroom Measurements not available
Lower Level Living Room 15 x 36
Lower Level Bedroom 10 x 13
Lower Level Bedroom 13 x 20
Lower Level Bedroom 13 x 17
Lower Level Primary Bedroom 17 x 16
Lower Level Kitchen 13 x 15
Main Level 2pc Bathroom Measurements not available
Main Level 3pc Bathroom Measurements not available
Main Level 5pc Bathroom Measurements not available
Main Level Office 9 x 12
Main Level Foyer 8 x 16
Main Level Bedroom 12 x 15
Main Level Bedroom 13 x 12
Main Level Bedroom 12 x 13
Main Level Primary Bedroom 11 x 13
Main Level Dining Room 13 x 22
Main Level Living Room 15 x 23
Main Level Kitchen 11 x 18

https://www.realtor.ca/real-estate/29537399/408-mersea-rd-3-leamington

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