Introducing a compelling investment opportunity with this 25-unit townhouse complex located in Sarnia, ON. Each unit features a spacious 2-bedroom layout with 1.5 baths, providing residents with comfortable and generous living spaces. Notably, 19 of the 25 units have been updated, offering a value-added investment proposition. Additionally, there is a 44% gap to rents, presenting an exciting opportunity for increased cash flow. Furthermore, the property benefits from an extra monthly cash flow from the solar panels installed on the roof. This is made up of 12 Towns at pin 730 Indian and 13 Towns at 716 Indian with a metal roof and the solar on 716 Indian. The list price is for both properties. (id:13843)
| MLS # | 40866396 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 30 |
| Listing Provided By | Royal LePage Burloak Real Estate Services | Scott Gawne |
| SQ Feet | 1,300 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | R5 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Natural gas |
| Fireplace Yes / No | No |
| Construction Materials | Wood frame |
|---|
| Parking Features | Open |
|---|---|
| Parking Total | 37 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 47150 |
|---|
| Province | ON |
|---|---|
| City | Sarnia |
| Postal Code | N7T7H1 |
| Community Name | Sarnia |
| Listing VS Median (in Sarnia) | |
Price: $4,500,000 low | high Med: $749,900 sqft: 1,300 low | high Med: 1,700 $ / sqft: $3,462 low | high Med: $441 On site: 30 low | high Med: 148 | |
| Province | ON |
|---|---|
| City | Sarnia |
| Postal Code | N7T7H1 |
| Community Name | Sarnia |
| Listing VS Median (in Sarnia) | |
Price: $4,500,000 low | high Med: $749,900 sqft: 1,300 low | high Med: 1,700 $ / sqft: $3,462 low | high Med: $441 On site: 30 low | high Med: 148 | |
![]() | $4,500,000730 N Indian Road NSarnia, ON N7T7H1 |