408 MERSEA RD 3, Leamington, Ontario, N8H3V5




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$1,250,000
Leamington
This 8-bedroom, 3-bathroom home in Leamington is for sale offering roughly 3,600 sq ft of space. It has been on the market 0 days, fresher than the Leamington average of 72 days.
Live, earn and operate on one Leamington property. Approx. 3,600 sq ft residence (8 bed, 3 bath) with a separate lower-level income apartment, plus an approx. 4,200 sq ft manufacturing shop with in-floor heating and varied electrical supply. Shop currently leased; tenants pay own utilities. Ideal for investors seeking multiple income streams or business owners wanting a heated shop steps from home (subject to existing lease). Buyer to verify zoning, measurements and permitted uses. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 72 days across the listings currently for sale in this city
This 8-bed single family in Leamington has been listed for 0 days, which is 72 days fresher than the city average of 72. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,250,000, about 16.0× the local median household income of $78,000.
Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 213% above the area median.
Source: Statistics Canada, 2021 Census (FSA N8H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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