121 Walnut Avenue, Sarnia, ON
Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Sarnia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,150,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 14 Bedrooms and 9 Bathrooms with 9 functional kitchens
- Premium 112.36 x 133.34 ft lot size
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available
- Notable attributes: Other, Separate Heating Controls
- Efficient forced air heating via gas
Description
Welcome to this PRIME nine-unit purpose-built multifamily property located in the heart of Sarnia, Ontario. Each unit is separately metered, offering tenants control over their utility expenses. Six of the nine units have been beautifully renovated and are currently generating near market rent, presenting a fantastic opportunity for investors to further enhance the remaining units and maximize rental income. With potential for additional laundry income within the building, this property is ripe for growth. The roof is only seven years old, ensuring peace of mind for years to come. Conveniently situated near hospitals, schools, and the Port Huron border, this multifamily gem is an excellent addition to any investment portfolio. Dont miss out on this great opportunity! Financials available upon request.
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Property Summary
This multiplex located at 121 Walnut Avenue, Sarnia is currently for sale and has been available on SousaSells for 635 days. This property is listed at $1,150,000 with an estimated mortgage of $3,828* per month. It has 14 beds, 9 bathrooms, and is unknown square feet. 121 Walnut Avenue, Sarnia is in the Sarnia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Other, Separate Heating Controls
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 121 Walnut Avenue S, Sarnia, ON N7T 3V5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Sarnia, ON
For a property listed at $1,150,000 in Sarnia, the legal minimum down payment is $230,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $19,475 for this transaction. As this listing is in Sarnia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.