121 Walnut Avenue, Sarnia, ON

$1,150,000
MLS#:X9398463
14 beds
9 baths
9.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] multiplex located in the coveted neighborhood of Sarnia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,150,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 14 Bedrooms and 9 Bathrooms with 9 functional kitchens
  • Premium 112.36 x 133.34 ft lot size
  • Features a ["full", "partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available
  • Notable attributes: Other, Separate Heating Controls
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Welcome to this PRIME nine-unit purpose-built multifamily property located in the heart of Sarnia, Ontario. Each unit is separately metered, offering tenants control over their utility expenses. Six of the nine units have been beautifully renovated and are currently generating near market rent, presenting a fantastic opportunity for investors to further enhance the remaining units and maximize rental income. With potential for additional laundry income within the building, this property is ripe for growth. The roof is only seven years old, ensuring peace of mind for years to come. Conveniently situated near hospitals, schools, and the Port Huron border, this multifamily gem is an excellent addition to any investment portfolio. Dont miss out on this great opportunity! Financials available upon request.

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Key Features

Bedrooms
14
Bathrooms
9
Kitchens
9
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 21, 2025
Sold price information is available to members only
Listed Date10/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick
Lot Size112.36 × 133.34 Feet
CountyLambton
Annual Tax$11,796
Legal DescriptionLT 52-53 PL 292 SARNIA CITY; SARNIA

Parking & Garage

Parking Spaces9.0
Garage Spaces9
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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121 Walnut Avenue, Sarnia, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 121 Walnut Avenue S, Sarnia, ON N7T 3V5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$920,000
Monthly Mortgage$5,346
Property Tax (Est.)$983
Utilities & Maint.$350
Total Monthly Cost$6,679

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Sarnia.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Sarnia, Sarnia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$575,421

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

High Park
Public757 Kember Avenue, Sarnia, Ontario, N7S 2T3
2.3
Queen Elizabeth II
Public60 Aberdeen Avenue, Sarnia, Ontario, N7S 2N8
3.4
Holy Trinity
Public60 Lorne Crescent, Sarnia, Ontario, N7S 0C3
6.1
Rosedale
Public1018 Indian Road North, Sarnia, Ontario, N7V 4C5
6.5
St. Matthew
Catholic720 Elm Avenue, Sarnia, Ontario, N7T 4H3
3.5

Secondary Schools

Great Lakes
Public340 Murphy Road, Sarnia, Ontario, N7S 1G7
5.5
St.-François-Xavier
Catholic901 The Rapids Parkway, Sarnia, Ontario, N7S 6K2
6.1
Northern
Public940 Michigan Avenue, Sarnia, Ontario, N7S 2B1
7.3
St. Patrick’s
Catholic1001 The Rapids Parkway, Sarnia, Ontario, N7S 6K2
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.