408 MERSEA RD 3, Leamington, ON N8H 3V5
408 MERSEA RD 3, Leamington, ON N8H 3V5
408 MERSEA RD 3, Leamington, ON N8H 3V5
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$1,399,900
Est. payment /mo
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8 Beds
2.1 Baths
3,600 SqFt
Active

408 MERSEA RD 3 Leamington, ON N8H 3V5

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Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $388

MLS Listing ID 26006616

Bedrooms 8

Full Baths 2

Half Baths 1

Construction Status Approximate

Year Built 1980

Annual Tax Amount $8,714

Tax Year 2026

Property Sub-Type Bungalow

Source WESC

Property Description

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.

Location

Province ON

Zoning A5-16

Rooms

Basement Full

Interior

Heating Central Air Conditioning, Forced Air

Cooling Central Air Conditioning, Forced Air

Flooring Ceramic or Porcelain, Hardwood or Engineered Hrwd, Laminate

Fireplaces Type Conventional (Natural)

Inclusions 2 fridges, central vacuum, dishwasher, dryer, freezer, built-in oven, fridge, stove

Exterior

Roof Type Asphalt Shingle

Building

Foundation Block

Sewer Septic System

Construction Status Approximate


Listed by REMAX PREFERRED REALTY LTD. - 588

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Jessica Spiteri

Jessica Spiteri

Jessica Spiteri, CPA, CA, REALTOR®

+1(519) 919-5867

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408 MERSEA RD 3