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.
| MLS # | 40867346 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 26 |
| Listing Provided By | Royal LePage Burloak Real Estate Services | Scott Gawne |
| SQ Feet | 1,300 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 1 |
| Zoning | R5 |
| Interior Features | Separate Hydro Meters |
|---|---|
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
| Lot Features | Other |
|---|---|
| Construction Materials | Wood Siding |
| Roof | Metal, Shingle |
| Open Parking Yes / No | Yes |
|---|
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 47150 |
|---|
| Province | ON |
|---|---|
| County | Lambton |
| City | Sarnia |
| Postal Code | N7T 7H1 |
| Area | Sarnia |
| Subarea | Sarnia |
| Community Name | Sarnia |
| Listing VS Median (in Sarnia) | |
Price: $4,500,000 low | high Med: $3,000 sqft: 1,300 low | high Med: 926 $ / sqft: $3,462 low | high Med: $3 On site: 26 low | high Med: 91 | |
| Province | ON |
|---|---|
| County | Lambton |
| City | Sarnia |
| Postal Code | N7T 7H1 |
| Area | Sarnia |
| Subarea | Sarnia |
| Community Name | Sarnia |
| Listing VS Median (in Sarnia) | |
Price: $4,500,000 low | high Med: $3,000 sqft: 1,300 low | high Med: 926 $ / sqft: $3,462 low | high Med: $3 On site: 26 low | high Med: 91 | |
![]() | $4,500,000716 Indian Road NSarnia, ON N7T 7H1 |