$499,900

130-132 Forsyth Street, Sarnia, ON
MLS#:X12924850
10 beds
7 baths
3000-3500 sqft
Residential Freehold

Description

CALLING ALL INVESTORS! RARE 7-PLEX INVESTMENT OPPORTUNITY WITH STRONG EXISTING CASH FLOW & SIGNIFICANT VALUE-ADD POTENTIAL IN CENTRAL SARNIA WITH ALL AMENITIES & TRANSPORTATION CLOSE BY FOR ALL TENANTS. 6 OUT OT 7 UNITS ARE PRESENTLY OCCUPIED, PROVIDING IMMEDIATE CASH FLOW WHILE POSITIONING THE ASSET. ONLY 1-1 BEDROOM UNIT IS CURRENTLY FOR LEASE @ $1,000/MONTH. FOUR SEPARATELY OWNED HOT WATER TANKS, & 2 FURNANCES ALL OWNED. ALL WINDOW A/C UNITS. THE BUILDING CONSISTS OF: 130 FORSYTH SIDE: 1-2 BEDROOM & 2-1 BEDROOMS & ON THE 132 FORSYTH SIDE: 1-3 BEDROOM & 3-1 BEDROOMS. SUITABLE FOR INVESTORS THAT WANT A MULTI FAMILY WITH A 8% CAP RATE WITH STEADY INCOME WITH TENANTS THAT CHOOSE A LOW-MAINTENANCE LIFESTYLE.

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Key Features

Bedrooms
10
Bathrooms
7
Kitchens
7
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 13, 2026
Sold price information is available to members only
Listed Date3/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionAluminum Siding, Vinyl Siding
Lot Size50 × 81 Feet
CountyLambton
Annual Tax$9,280.42
Legal DescriptionW1/2 LT 9 PL 53 SARNIA CITY; SARNIA

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Window Unit(s)"]

Features

Property Features

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Community Features

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Property History

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This could be the first listing for this address.

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