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Home ON Greater Sarnia Sarnia
186 QUEEN STREET
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186 QUEEN STREET $3,499,500
$3,499,500
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186 QUEEN STREET
Sarnia, Ontario N7T2R6

MLS® Number: X8447362
28
Bathrooms
15000
Square Feet

Listing Description

Opportunity to acquire property with substantial leverage potential. Unique 28 spacious 1-bedroom units, in 2 story walk-up apartment complex.186 Queen Street Sarnia is a short walk to Sarnia's beautiful waterfront, close to public transit and a walkability score over 70. 14 units renovated top to bottom with quality finishes! Currently one vacancy being updated. Rental features include on-site laundry, 32 surface parking and storage units for Tenants. All units accessed from an exterior door onto verandas or common areas. Recent improvements include building exterior repainting, electrical work, gas fired boiler system 2022, updated fire alarm 2024 and partial window replacements. With many renovations already completed, this represents an opportunity to increase returns on this solid investment (35498008)

Location Description

Front Street South turning left onto Johnston and right onto Queen

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
15000 sqft
Community Name
Sarnia
Land Size
Bldg=150 x 166 FT
Annual Property Taxes
$29,548.56
Total Parking Spaces
32
Time on REALTOR.ca
18 days

Building

Bathrooms
Total
28
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Two Washers, Washer
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
32

Measurements

Square Footage
15000 sqft
Exterior Building Size
15000 sqft

Land

Lot Features
Frontage
150 ft
Land Depth
166 ft
Other Property Information
Zoning Description
Urban Residential 5 (UR5
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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