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:51158)
| MLS® Number | 26006616 |
| Property Type | Single Family |
| Features | Circular Driveway, Concrete Driveway, Front Driveway |
| 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 |
| Garage |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| 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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