Investor's Dream in the Heart of Downtown Leamington! An exceptional opportunity to own a rare mixed-use investment property in the thriving downtown core of Leamington. This unique income-producing asset features three fully leased commercial units at street level and two spacious residential apartments above, offering strong, diversified cash flow in a highly sought-after location. Positioned on a high-visibility, high-traffic street, this property benefits from outstanding exposure for commercial tenants while providing convenient access to shopping, restaurants, services, and all that downtown Leamington has to offer. Current rental income includes: Commercial Unit 1: $1,700/month, Commercial Unit 2: $1,700/month, Commercial Unit 3: $1,600/month, Residential Apartment 1: $2,000/month, Residential Apartment 2: $2,000/month This turnkey investment offers so much with excellent long-term appreciation potential. Whether you're expanding your real estate portfolio or seeking a prime mixed-use property in one of Essex County's most desirable communities, this is an opportunity you won't want to miss. Invest with confidence in a property that combines location, stability, and exceptional income potential. (id:66096)
Property Details
MLS®
26017958
Property Type
Industrial
Business Type
Residential
Zoning
C.1
Lot Size
4,443 sq ft (0.10 ac)
Heating
Wall Heaters, Natural gas
Ownership
Freehold
Listed
92 days ago
Features
Lot Features
Visual exposure
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
92d
Leamington listings, avg age
74d
List price
$950K
Long Listed: 92 days on market, against an average age of 74 days across the listings currently for sale in this city
Market timing · days on market0 → 74d avg age of current listings
Long Listed · day 92
Haho
This industrial in Leamington is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N8H)
This home lists at $949,900, about 12.2× the local median household income of $78,000.
Carrying it typically needs a household income of about $185,549 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.
Median household income
$78,000
Population
27,530
Median age
41.6
Owner / renter
68% / 32%
Avg. household size
2.7
Source: Statistics Canada, 2021 Census (FSA N8H)
$949,900
For sale
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Financing
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