Description

IDEAL INCOME PROPERTY FOR SALE. FULLY OCCUPIED, THE 3 UNITS CONSIST OF A MAIN FLOOR COMMERCIAL SPACE CURRENTLY OCCUPIED BY A LONG TERM TENANT. THE REMAINDER OF THE MAIN FLOOR IS A 2 BEDROOM APARTMENT. THE UPPER UNIT IS A ONE BEDROOM APARTMENT. EACH APARTMENT HAS INSUIT LAUNDRY. THERE IS PLENTY OF ONSITE PAVED PARKING. THE PROPERTY IS WELL MAINTAINED AND HAS HAD MANY UPGRADES. PLEASE CONTACT LISTING REALTORS FOR FINANCIAL INFORMATION. (id:66096)

Property Details

MLS®: 26018583
Property Type: Industrial
Business Type: Residential
Zoning: GC1
Lot Size: 5,009 sq ft (0.11 ac)
Year Built: 1970
Heating: Forced air, Natural gas, Furnace
Cooling: Air Conditioned
Ownership: Freehold
Listed: 95 days ago

Features

Flooring: Laminate, Carpeted, Ceramic/Porcelain
Lot Features: Visual exposure

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

95d

Sarnia listings, avg age

68d

List price

$385K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This industrial in Sarnia is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Area context

Neighbourhood profile (N7T)

This home lists at $384,900, about 6.6× the local median household income of $58,400.

Carrying it typically needs a household income of about $75,184 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.

Median household income: $58,400
Population: 26,033
Median age: 44.4
Owner / renter: 51% / 49%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA N7T)

$384,900

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

116 MITTON Street North, Sarnia - Industrial for Sale