$799,900

Sarnia ON, N7T 2T1

MLS® # 25020765

Property Information:

Great Investment, Great Location, Close to St. Clair River, down town shopping, parks, library, post office restaurants etc.!! All 6 units have been renovated and freshly painted. Seller is trying to have all apartments vacant and restored so the new buyers can charge whatever they feel is proper for todays increased rental amounts. Easy location to rent out and immediate possessions are available. Building has new steel roof installed 2019! Building offers separate hydro meters so each tenant can pay their own electric bills, except unit #1 because all buildings water usage is calculated there. Ample parking from either street. Rent collected for 2024 was $76,444 with a few vacancy's. Main floor has 2--1 Bed rm units that have forced air gas furnace. The two upper floors have 4-2 bed rm apartments with a separate gas boiler for heat. The building can now produce over $100,000 gross rent each year with low utility bills! Building was approved for fire safety approval in 2023. Don't miss out in this rare find. Call agent for details. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Amenities: Shopping Area
Exterior Finish: Brick
Flooring Type: Flooring Type
Heating Type: Boiler, Forced air
Heating Fuel: Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 1940
Irregular: Yes
Lot Size: 71 X 81 / 0 AC
Zoning: GC2
Parking Type: Other
No. of Parking Spaces: 5

Courtesy of: RE/MAX Sarnia Realty Inc

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⚠ Potential Investment Performance

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Market Price Trends

Location of 136 VICTORIA STREET, Sarnia, Ontario, N7T 2T1

Lifestyle
Neighbourhood

Demographic Information of 136 VICTORIA STREET, Sarnia, Ontario, N7T 2T1

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$86,473.57

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.81 %

High school certificate or equivalent

35.86 %

Apprenticeship trade certificate/diploma

9.39 %

College/non-university certificate

24.84 %

University certificate (below bachelor)

0.34 %

University Degree

10.76 %

Commuter

Travel To Work

By Car

78.84 %

By Public Transit

6.64 %

By Walking

10.09 %

By Bicycle

0.0 %

By Other Methods

4.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

57.55 %

Houses

42.45 %

Own Vs. Rent