185 Brock Street N

Nestled in the heart of Sarnia, at 185 Brock Street N, this impressive Multi-Family Home for sale in Sarnia presents a fantastic opportunity for investors and those looking to enter the rental market. With its solid brick construction and a charming 2-storey design, this property boasts a prime location just a stone’s throw away from the vibrant downtown area, where you can find an array of shops, theatres, restaurants, and the picturesque waterfront.

This Multi-Family Home for sale in Sarnia features three well-appointed units, making it an ideal investment. The layout includes two one-bedroom apartments and a bachelor unit, all situated above ground, ensuring easy access and a welcoming atmosphere. The upstairs tenants are currently paying £1,230, while the main floor tenants contribute £1,175, which includes utilities. The bachelor unit is currently vacant, providing you with the perfect opportunity to select your own tenant and set your desired rental rate. The potential for income generation is significant, especially with utilities averaging around £506 per month for all three units.

The property at 185 Brock Street N, Sarnia, is not only functional but also equipped with several modern conveniences. It features a brand-new roof installed in 2021, ensuring that the building is well-protected against the elements. The home is also fitted with a 200-amp electrical service, which is a great asset for managing the demands of multiple tenants. Additionally, there are two separate hydro meters, allowing for easy management of utilities across the units.

As you explore this Multi-Family Home for sale in Sarnia, you will notice that it has three kitchens, a feature that enhances the functionality of each unit. However, there is no additional kitchen, which keeps the layout straightforward and efficient. The total number of rooms in the house is eight, providing ample space for tenants to enjoy their living arrangements.

The property does not include a central vacuum system, a family room, or a pool, which may appeal to those looking for a low-maintenance investment. The absence of a fireplace adds to the straightforward nature of the home, allowing for versatile decorating options. Furthermore, the house is unfurnished, giving you the flexibility to tailor the interiors to suit your taste or that of your future tenants.

Heating is provided by a forced air system, ensuring that all units remain warm and comfortable during the colder months. The property is connected to municipal water and sewer services, which adds to the convenience of living in this well-situated home. The basement is partial and unfinished, offering potential for future development or storage, depending on your vision for the property.

The lot measures 42 by 100 feet, providing a generous outdoor space for tenants to enjoy. Although there is no garage, the private driveway accommodates up to three parking spaces, which is a significant advantage in a bustling area like Sarnia.

With over 100 years of history, this Multi-Family Home for sale in Sarnia is a testament to enduring quality and charm. Whether you are looking to expand your property portfolio or embark on your journey as a landlord, this property at 185 Brock Street N, Sarnia, offers a solid foundation for success. The combination of location, features, and potential income makes it a standout opportunity in the Lambton area. Don’t miss your chance to explore this unique investment opportunity!

Sarnia, located in southwestern Ontario, is a vibrant city nestled along the shores of the St. Clair River, just across from Michigan. Known for its rich industrial heritage and picturesque waterfront, Sarnia offers a unique blend of urban amenities and natural beauty. The area boasts a variety of parks, recreational facilities, and walking trails, making it ideal for outdoor enthusiasts. With a diverse population and a welcoming atmosphere, residents enjoy a strong sense of local pride and community spirit. The city's strategic location provides easy access to neighbouring regions, while its thriving arts scene and local events contribute to a lively cultural landscape. Whether you're drawn by the scenic views or the dynamic local economy, Sarnia presents an inviting option for those seeking a new place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is London Road School, an elementary school just 0.7 km away, which offers grades K to 8 and has a commendable rating of 4.3. For secondary education, Great Lakes Secondary School is situated 3.2 km from the property, providing grades 9 to 12 with a strong rating of 4.6. Additionally, Northern Collegiate Institute & Vocational School, located 3.7 km away, offers a French-language curriculum for grades 9 to 12 and boasts an impressive rating of 6.2. There are also other nearby schools, such as High Park Public School, which offers a French program for younger students but has a lower rating of 0.9, and Sacred Heart Catholic School, a Catholic institution for JK to 8 grades, located 3.9 km away, which currently has no rating. Overall, the area offers a diverse range of schooling options in both English and French, catering to various educational needs and preferences.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 588 residents, with an average household size of 1.5 individuals. The demographic profile reveals an average age of 50.6 years, indicating a mature community. The average household income stands at $66,400, but a notable 23.6% of the population falls within the low-income bracket. The real estate market reflects an average property price of $365,000, with 70% of residents renting their homes, highlighting a significant rental market. A majority of the population, 63.39%, is single, and only 4.17% of households include children, suggesting a demographic that may favor smaller living arrangements. Additionally, 41.25% of the housing consists of condominiums, catering to a diverse range of living preferences. The community is relatively educated, with 60.71% holding a college or university degree, although 48.21% of the population is not participating in the labor force. Immigrants make up 7.14% of the demographic, contributing to the area's cultural diversity. Overall, this neighborhood presents a unique blend of mature residents, a strong rental market, and a well-educated populace, making it an intriguing option for potential buyers or investors.