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 ID 26006616
Address 408 MERSEA RD 3
City Leamington, ON
Price $1,399,900
Bed / Bath 8 / 2 Full, 1 Half
Style Bungalow
Construction Brick
Flooring Ceramic/Porcelain, Hardwood, Laminate
Land Size 110 X 300 FT / 0.76 AC
Type House
Status For 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 Market1