Address
408 Mersea Rd 3, Leamington, ON
Price
$ 1,399,900

Your Agent

Ken Dunbar

Sales Representative

519-944-5955


Listing provided by Ken Dunbar, Sales Representative, REMAX Preferred Realty Ltd

Property Attributes
  • MLS#26006616
  • TypeSingle Family
  • Listing Status Active
  • CityLeamington
  • Area40 - Leamington
  • Neighbourhood42 - Mersea-Albuna-Erie
  • Postal CodeN8H 3V5
  • StyleBungalow
  • Year Built1980
  • Taxes$ 8714
  • Price$ 1,399,900
  • Bedrooms8
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage3600
  • Lot Size0.76 Acres
Data Source:
Windsor-Essex (WECAR) / Sarnia-Lambton (SLREB)
Property Description

This impressive income-generating property just outside Leamington offers a rare opportunity for investors seeking multiple revenue streams in one asset. The approximately 3,600 sq ft residence features 8 bedrooms and 3 bathrooms, with the lower level currently configured as a separate income-producing apartment. Adding to the appeal is the approximately 4,200 sq ft manufacturing shop complete with in-floor heating and various electrical supply, currently leased and contributing additional rental income. With residential and commercial components, strong in-place revenue, and tenants responsible for utility usage, this property presents a compelling opportunity for investors looking to expand their portfolio. Buyer to verify zoning, measurements, permitted uses. CALL LS FOR FULL DETAILS OF FINANCES AND COMPANY LEASING THE PREMISES.

Price History
3/31/2026 Listed $1,399,900

General Features

Sewer Septic System
Roof Asphalt Shingle
Zoning A5-16
Occupancy Tenant
Full Baths 2
Half Baths 1
Year Built 1980
Property Type Residential
Access Public Road,Year Round Road Access
Transaction Type Sale
Tax Year 2026
Status Active
District 40 - Leamington
City Leamington
Site Influences Landscaped,Patio(s),Shopping Nearby
Basement Development Finished
Heating Cooling Central Air Conditioning,Forced Air
Major Area Windsor-Essex
Supplement Modification Timestam 2026-03-31T11:49:35.687
Year Built Description Approximate
Legal Description CON 2 N PT LT 4 12R2882 PT 1
DOM 169

Interior Features

Heating Fuel Natural Gas
Basement Full
Appliances Included 2 Fridges,Central Vacuum,Dishwasher,Dryer,Freezer,Oven Built-In,Refrigerator,Stove
Room Count 19
Sq Ft Total 3600
Sq Ft Source LBO
Beds Total 8
Total Baths 2.10

Exterior Features

Inclusions 2 fridges,central vacuum,dishwasher,dryer,freezer,built-in oven,fridge,stove
Outdoor Features Barbecue,Covered Porch,Underground Sprinkler System,Workshop
Frontage 110.00
Driveway Circular Drive,Concrete Drive,Front Drive
Exterior Finish Brick
Depth 300 FT
Water Availability Connected
Sewer Availability Connected
Type Of Dwelling Bungalow

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N8H 3V5

Price
AVG $970K
$1.4M
Year Built
AVG 1971
1980
Visits
AVG 7
88
Data Provided by Inside Real Estate®

Your Agent

Ken Dunbar

Sales Representative

519-944-5955


Listing provided by Ken Dunbar, Sales Representative, REMAX Preferred Realty Ltd

Listed By
REMAX PREFERRED REALTY LTD. - 588