130-132 Forsyth Street, Sarnia, ON

$499,900
MLS#:X12924850
10 beds
7 baths
3000-3500 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Sarnia. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 10 Bedrooms and 7 Bathrooms with 7 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 50 x 81 ft lot
  • 0.0 total parking spaces available
  • Notable attributes: Other
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

CALLING ALL INVESTORS! RARE 7-PLEX INVESTMENT OPPORTUNITY WITH STRONG EXISTING CASH FLOW & SIGNIFICANT VALUE-ADD POTENTIAL IN CENTRAL SARNIA WITH ALL AMENITIES & TRANSPORTATION CLOSE BY FOR ALL TENANTS. 6 OUT OT 7 UNITS ARE PRESENTLY OCCUPIED, PROVIDING IMMEDIATE CASH FLOW WHILE POSITIONING THE ASSET. ONLY 1-1 BEDROOM UNIT IS CURRENTLY FOR LEASE @ $1,000/MONTH. FOUR SEPARATELY OWNED HOT WATER TANKS, & 2 FURNANCES ALL OWNED. ALL WINDOW A/C UNITS. THE BUILDING CONSISTS OF: 130 FORSYTH SIDE: 1-2 BEDROOM & 2-1 BEDROOMS & ON THE 132 FORSYTH SIDE: 1-3 BEDROOM & 3-1 BEDROOMS. SUITABLE FOR INVESTORS THAT WANT A MULTI FAMILY WITH A 8% CAP RATE WITH STEADY INCOME WITH TENANTS THAT CHOOSE A LOW-MAINTENANCE LIFESTYLE.

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Key Features

Bedrooms
10
Bathrooms
7
Kitchens
7
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 13, 2026
Sold price information is available to members only
Listed Date3/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style2-Storey
ConstructionAluminum Siding, Vinyl Siding
BasementNone
Lot Size50 × 81 Feet
CountyLambton
Annual Tax$9,280.42
Legal DescriptionW1/2 LT 9 PL 53 SARNIA CITY; SARNIA

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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130-132 Forsyth Street, Sarnia, ON
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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 130-132 Forsyth Street S, Sarnia, ON N7T 3A7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Sarnia.

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Interest Rate5.25%
Down Payment$24,995 (5.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period25 Years
Estimated Monthly Payment$2,830Based on a loan of $474,905 over 25 years.
Purchase Price$499,900
Loan Amount$474,905
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Sarnia, ON

For a property listed at $499,900 in Sarnia, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

Nearby Listings

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No current listings found in Sarnia.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Sarnia, Sarnia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$602,064

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

High Park
Public757 Kember Avenue, Sarnia, Ontario, N7S 2T3
2.3
Queen Elizabeth II
Public60 Aberdeen Avenue, Sarnia, Ontario, N7S 2N8
3.4
St. Matthew
Catholic720 Elm Avenue, Sarnia, Ontario, N7T 4H3
3.5
Holy Trinity
Public60 Lorne Crescent, Sarnia, Ontario, N7S 0C3
6.1
Rosedale
Public1018 Indian Road North, Sarnia, Ontario, N7V 4C5
6.5

Secondary Schools

Great Lakes
Public340 Murphy Road, Sarnia, Ontario, N7S 1G7
5.5
Northern
Public940 Michigan Avenue, Sarnia, Ontario, N7S 2B1
7.3
St.-François-Xavier
Catholic901 The Rapids Parkway, Sarnia, Ontario, N7S 6K2
6.1
St. Patrick’s
Catholic1001 The Rapids Parkway, Sarnia, Ontario, N7S 6K2
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.