375 London Road, Sarnia, ON

$424,900
MLS#:X8483280
4 beds
3 baths
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Sarnia. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $424,900 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.

  • 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Premium 64.86 x 159.65 ft lot size
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Accessory Apartment, In-Law Suite, Storage
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

Great Location - Triplex in Sarnia, Ontario - Investment Opportunity. Welcome to this well-maintained Triplex in the heart of Sarnia, Ontario, offering three separate units including a bachelor pad, 1-bedroom unit and 2-bedroom unit. Situated in a great location with rental demand and walkable distance to many amenities. This property presents an excellent income-generating opportunity. Features include strong occupancy rates, proximity to the waterfront, schools, parks, food + entertainment, healthcare & highway 402. Lots of storage & laundry. Don't miss out on adding this lucrative investment to your portfolio - schedule a viewing today! Rents & more information available upon request.

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Property Summary

This triplex located at 375 London Road, Sarnia is currently for sale and has been available on SousaSells for 746 days. This property is listed at $424,900 with an estimated mortgage of $1,414* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 375 London Road, Sarnia is in the Sarnia neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 12, 2024
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
Architectural Style2-Storey
ConstructionAluminum Siding
BasementUnfinished
Lot Size64.86 × 159.65 Feet
CountyLambton
Annual Tax$3,775.6
Legal DescriptionPLAN 27 PT BLK A RP 25R9098 PARTS 3 AND 4

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Accessory Apartment, In-Law Suite, Storage, Other

Security Features

Community Features

Location

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375 London Road, 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 375 London Road, Sarnia, ON N7T 4W4

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 Rate4.00%
Down Payment$127,470 (30.0%)
* Minimum Canadian down payment required for this price is $21,245.
Amortization Period30 Years
Estimated Monthly Payment$1,414Based on a loan of $297,430 over 30 years.
Purchase Price$424,900
Loan Amount$297,430
Provincial Land Transfer Tax:$4,973
Total Estimated Closing Taxes:$4,973

About Purchasing a Home in Sarnia, ON

For a property listed at $424,900 in Sarnia, the legal minimum down payment is $21,245 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 $4,973 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 $4,973.

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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$542,870

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.