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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$3,499,500
Available - For Sale
Listing ID: X8447362
186 Queen St , Sarnia, N7T 2R6, Ontario


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
Price $3,499,500
Taxes: $29548.56
Tax Type: Annual
Occupancy by: Tenant
Address: 186 Queen St , Sarnia, N7T 2R6, Ontario
Postal Code: N7T 2R6
Province/State: Ontario
Lot Size: 150.00 x 166.00 (Feet)
Directions/Cross Streets: Front Street South turning left onto Johnston and right onto Queen
Category: Apartment
Use: Apts-Over 20 Units
Building Percentage: Y
Total Area: 15000.00
Total Area Code:  Sq Ft
Approximatly Age: 51-99
Taxes Expense: $29548
Insurance Expense: $12551
 Heat Expenses: $8686
 Hydro Expense:  $13657
Water Expense: $11085
Year Expenses: 2023
Expenses Actual/Estimated: $Act
Washrooms: 28
Heat Type: Other
Central Air Conditioning: Y
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ADVANTAGE REALTY LTD.
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Milad Akrami
Sales Representative
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647-678-7799
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647-678-7799
 
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At a Glance:
Type: Com - Investment
Area: Lambton
Municipality: Sarnia
Neighbourhood: Sarnia
Style:
Lot Size: 150.00 x 166.00(Feet)
Approximate Age: 51-99
Tax: $29,548.56
Maintenance Fee: $0
Beds:
Baths: 28
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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