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:4555)
Property Specs
Listing ID26006616
Address408 MERSEA RD 3
CityLeamington, ON
Price$1,399,900
Bed / Bath8 / 2 Full, 1 Half
StyleBungalow
ConstructionBrick
FlooringCeramic/Porcelain, Hardwood, Laminate
Land Size110 X 300 FT / 0.76 AC
TypeHouse
StatusFor sale
Extended Features
Year Built1980AppliancesCentral Vacuum, Dishwasher, Dryer, Freezer, Oven, Refrigerator, Stove, Two RefrigeratorsFeaturesCircular Driveway, Concrete Driveway, Front DrivewayOwnershipFreeholdCoolingCentral air conditioningFoundationBlockHeatingForced airHeating FuelNatural gasDate Listed2026-03-31 18:01:56Days on Market3
We loved working with Tina and her team. She helped us navigate in a difficult housing market to find our perfect forever home and to sell our home. They are amazing!
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Samantha Bond
Tina and her team were very knowledgeable and enthusiastic with the listing and selling of our Income Property. They provided us with all the comparables and information on the current market…
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Glen O'Neil
Our experience with Tina Roy far exceeded our expectations on buying a home in this crazy, unpredictable market. Tina’s honest and practical advice gave us a very clear vision of what to expect.…
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Alana Corcoran
Brandon and I can’t thank Tina enough for helping us successfully navigate through such a hectic market and landing our perfect first home! We chose Tina as our realtor because we appreciated…
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Morgan Hughson
My fiancé and I starting looking for our first home together in November 2020 with TRU Real Estate agent Tina Roy. From the beginning Tina was open and honest with us and helped us to navigate…
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Kerra G
Tina and her team at TRU Real Estate Group do everything possible to make any real estate process as easy and enjoyable as it can be. We’ve worked with Tina for home listings and purchasing…
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Krystin & Shawn Goulding
Tina and TRU Realty were very caring and honest when it came to buying a house. Tina listened to my requests and explained the home buying process in detail. I'm so happy that Tina and her…
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Sarina Scalia
Thank you so much Tina for all of your efforts in helping us to find our new home. Your energy, enthusiasm and professionalism made our home buying adventure both enjoyable and stress-free.…
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Lulu Murphy
Working with Tina and her team was a great experience. She took the time to listen to our needs and was very helpful during the home buying process. She was very patient and always honest. Not…
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Rymerson21
Tina and her team and amazing!! Always there to answer any questions and kept the buying and selling experience stress free. Couldn't ask for a better group of people to work with when selling…
