285 ELGIN Street, Sarnia, ON, N7T 5B5

$1,499,900

MLS® # 24020201

House For Sale In Sarnia, Ontario

$1,499,900

Property Information:

ATTENTION INVESTORS! EXCELLENT OPPORTUNITY TO OWN A 9 UNIT INCOME PROPERTY IN SUPERB CONDITION AND CONVENIENTLY LOCATED IN CENTRAL SARNIA. OFFERING EXCELLENT INCOME WITH THE POTENTIAL FOR GROWTH WITH THE POSSIBLE ADDITION OF A 10TH UNIT AND INCREASING RENTS. EACH UNIT HAS BEEN NICELY UPDATED OVER THE PAST 10 YEARS AND THE BUILDING IS IN VERY GOOD CONDITION FEATURING A METAL ROOF, NEW BOILER SYSTEM, ON SITE LAUNDRY, 2 CAR GARAGE AND PLENTY OF PARKING. MANY UNITS HAVE SMALL YARDS OR PRIVATE DECK/PATIOS TO ENJOY. DON’T MISS YOUR OPPORTUNITY TO ADD THIS GEM TO YOUR PORTFOLIO. CALL TODAY FOR DETAILS.

Property Features:

  • Bedrooms: 0
  • Acreage Info: N/A or Unknown
  • District: Sarnia
  • Exterior Finish: Aluminum/Vinyl, Brick
  • Flooring: Carpeted, Ceramic/Porcelain, Cushion/Lino/Vinyl, Laminate
  • Foundation: Block, Concrete, Slab
  • Geocode Source: Google
  • Handicap: No
  • Heating Cooling: Boiler, Radiant Heat
  • Hot Water Tank: Owned
  • Hot Water Tank Type: Gas
  • Major Area: Sarnia-Lambton
  • MFA Building Amenities: Balcony/Deck/Patio, Laundry Facility, Public Transportation Nearby
  • MFA Building Type: 9-12 Units
  • MFA Building Usage: Residential Only
  • MFA Meets Ont Fire Code: Yes
  • MFA Subject To Rent Control: Yes
  • Occupancy: Tenant
  • ParkingFinish: Paved
  • Property Is: Building & Land
  • Property SubTypes: 9 - 12 Unit
  • PropertyType: Multi-Family
  • Roof: Metal
  • Sewer Availability: Connected
  • Showings: Call First
  • Side Of Road: South
  • Sub District: H
  • Tax Year:
  • Title: Freehold
  • UFFI: Unknown
  • Water Availability: Connected
  • Zoning: R2
  • Heating Fuel: Natural Gas
  • Water: Municipal Water
  • Sewer: Sanitary

Courtesy of: Royal LePage Key Realty

Data provided by: Sarnia-Lambton Real Estate Board 555 Exmouth St., Sarnia, Ontario N7T 5P6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos