408 MERSEA RD 3
Leamington, Ontario
- 8 beds
- 3 baths
- 3,600 square feet
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. (id:45603)
Property details
Interior
- Bedrooms
- 8
- Bedrooms above grade
- 5
- Bedrooms below grade
- 3
- Bathrooms
- 3 + 1 half
- Living area
- 3,600 square feet
- Storeys
- 1
- Flooring
- Hardwood, Laminate, Ceramic/Porcelain
- Appliances
- Refrigerator, Central Vacuum, Dishwasher, Stove, Oven, Dryer, Freezer, Two Refrigerators
Exterior & parking
- Structure type
- House
- Architectural style
- ["Bungalow"]
- Lot size
- 110 X 300 FT / 0.76 AC
- Parking features
- Garage
- Exterior features
- Brick
Building & HOA
- Year built
- 1980
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
Financial & legal
- List price
- $1,399,900
- Price / sqft
- $389 / sqft
- Tenure
- Freehold
- Status
- Active
- MLS® number
- 26006616
Location
- City
- Leamington
- Province
- Ontario
- Postal code
- N8H3V5
Room details
| Room | Level | Dimensions | Features |
|---|---|---|---|
| 2pc Bathroom | Main level | ||
| 3pc Bathroom | Main level | ||
| 2pc Bathroom | Lower level | ||
| 5pc Bathroom | Main level | ||
| Living room | Lower level | 36 x 15 | |
| Bedroom | Lower level | 13 x 10 | |
| Bedroom | Lower level | 20 x 13 | |
| Bedroom | Lower level | 17 x 13 | |
| Primary Bedroom | Lower level | 16 x 17 | |
| Kitchen | Lower level | 15 x 13 | |
| Office | Main level | 12 x 9 | |
| Foyer | Main level | 16 x 8 | |
| Bedroom | Main level | 15 x 12 | |
| Bedroom | Main level | 12 x 13 | |
| Bedroom | Main level | 13 x 12 | |
| Primary Bedroom | Main level | 13 x 11 | |
| Dining room | Main level | 22 x 13 | |
| Living room | Main level | 23 x 15 | |
| Kitchen | Main level | 18 x 11 |
Mortgage calculator
Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.
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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).
