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MLS® X14118080
Sarnia, ON
Exceptional legal conforming duplex with commercial zoning (GC2) offering incredible value and strong numbers for investors or owner-occupiers!Featuring two well-maintained 2-bedroom units, this solid brick property showcases historic character including beautiful hardwood flooring and leaded glass windows. The lower unit features 2 bedrooms and an updated bathroom, currently rented at $1,300/month. The upper unit features 2 bedrooms, an updated kitchen, a modern bathroom, huge attic storage access, and two private balconies (estimated market rent of $1,500/month). Enjoy separate hydrometers and separate natural gas boilers (new in 2023) with tenants paying their own heat and hydro. Additional updates include a roof in 2013, vinyl windows (excluding leaded glass), owned hot water tanks, a fully fenced yard, and on-site gravel parking for 2 vehicles. Solid investment fundamentals ata $334,900 purchase price featuring $33,600 in gross annual rent, a Net Operating Income (NOI) of $26,610/year, a 7.94% cap rate, and a 9.97x Gross RentMultiplier (GRM). A turnkey addition to your portfolio in a great Sarnia location!
Inclusions
2 Fridges, 2 Stoves, all as is. Laundry in basement - seperate for units
Exclusions
Tenants items
Broker
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Duplex
132 Victoria Street S Sarnia
Sarnia
Built
51-99
Type
Duplex
Basement
Unfinished
Parking
None (3)
Property Tax
~$2,306/yr
Heating
Other
Buying Essentials
Square Feet
2250 sqft
Facing Direction
West
Parking
None (3)
Finances
List Price
$334,900
Price per SQFT
$149/sqft
Property Tax
~$2,306/yr
Property Specs
Property Type
Duplex
MLS Size
2250 sqft
Age of Building
51-99
Basement
Unfinished
Living & Amenities
Heating Type
Other
Features
None · Separate Hydro Meter
Policies & Utilities
Neighbourhood
Sarnia
Listed On
Oct 22, 2026
Days on Market
Current: 16 days
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