PROPERTY INFO
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.
PROPERTY SPECS
Price $1,399,900
City Leamington, Ontario
Bed / Bath 8 / 2 Full, 1 Half
Address 408 MERSEA RD 3
Listing ID 26006616
Square Footage 3600
Style Bungalow
Construction Brick
Roof Asphalt Shingle
Flooring Ceramic or Porcelain, Hardwood or Engineered Hrwd, Laminate
Type Residential
Status For Sale
EXTRAS
Attachment Style
Detached Subtype
Bungalow Approx. Square Footage
3600 Acreage
0.760 Indoor Features
2nd Kitchen, Grade Entrance Outdoor Features
Barbecue, Covered Porch, Underground Sprinkler System, Workshop Inclusions
2 fridges, central vacuum, dishwasher, dryer, freezer, built-in oven, fridge, stove Driveway
Circular Drive, Concrete Drive, Front Drive Parking
Double Garage, Automatic Garage Door Opener Amenities
Landscaped, Patio(s), Shopping Nearby Ownership
Freehold Rental Equipment
None Appliances
2 Fridges, Central Vacuum, Dishwasher, Dryer, Freezer, Oven Built-In, Refrigerator, Stove Basement
Full Basement Development
Finished Foundation
Block Heating / Cooling
Central Air Conditioning, Forced Air Heating Fuel
Natural Gas Hot Water Tank
Tankless Water Heater Utility Water
Municipal Water Sewer
Septic System Fireplace
Gas Conventional (Natural) Date Listed
Mar 30, 2026 Days on Market
44
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Grocery Stores
Schools
Restaurants
Gas Stations
Banks
Parks
Transit
Police
Fire Station
Place of Worship
Listing Agency:
REMAX PREFERRED REALTY LTD. - 588
