186 Queen Street, Sarnia

186 Queen Street, Sarnia, ON N7T2R6 Photo 1

26 Photos

186 Queen Street, Sarnia, ON N7T2R6 Photo 2
186 Queen Street, Sarnia, ON N7T2R6 Photo 3
186 Queen Street, Sarnia, ON N7T2R6 Photo 4
186 Queen Street, Sarnia, ON N7T2R6 Photo 5
186 Queen Street, Sarnia, ON N7T2R6 Photo 6
186 Queen Street, Sarnia, ON N7T2R6 Photo 7
  • Bedrooms: 28
  • Bathrooms: 28
  • Living area: 15000 sqft
  • MLS®: 40571623
  • Added: 13 days ago

Property Details

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. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Natural gas
  • List AOR: London and St. Thomas
  • Stories: 2
  • Basement: Partially finished, Partial
  • Year Built: 1968
  • Directions: Review floor plans and photos from the listing. 24 hrs. for showing requests. Only a couple of units available for first viewing. Front Street South turning left onto Johnston and right onto Queen.
  • Living Area: 15000
  • Lot Features: Visual exposure, Laundry- Coin operated
  • Photos Count: 26
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Total: 32
  • Bedrooms Total: 28
  • Common Interest: Freehold
  • Subdivision Name: Sarnia
  • Tax Annual Amount: 29548.56
  • Exterior Features: Brick
  • Security Features: Unknown
  • Community Features: Quiet Area
  • Foundation Details: Block
  • Lot Size Dimensions: 0.58
  • Zoning Description: Urban Residential 5 (UR5)
  • Number Of Units Total: 28
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Nearby Places

Name Type Address Distance
Sarnia Arena It was built in 1948 and is currently home to the ... 0.5 km
1953 Sarnia tornado near Smiths Creek, Michigan (approximately ten mil... 0.6 km
St. Clair Tunnel Clair River between Sarnia, Ontario and Port Huron... 0.9 km
Blue Water River Walk The River Walk begins just south of the mouth of t... 1.2 km
USCGC Bramble (WLB-392) She will be closed to the public effective August ... 1.7 km
Carnegie Center (Port Huron Museum) It opened as the Port Huron Public Library on May ... 1.7 km
American Osteopathic Board of Orthopedic Surgery As of December 2011, 1,082 osteopathic orthopedic ... 1.8 km
Sarnia railway station The station includes vending machines, washrooms, ... 1.8 km
Federal Building (Port Huron, Michigan) Clair County, Michigan... 1.8 km
McMorran Place Sports & Entertainment Center Bar 701 Mcmorran Blvd 2.1 km
McMorran Place Dow and built in 1960 for $3.5 million (equivalent... 2.1 km
WSGR-FM Clair County Community College in Port Huron, Mich... 2.3 km
186 Queen Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 186 Queen Street. The current price of the property is $3,600,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,880,000. This would result in a monthly mortgage payment of $16,834 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 10
Certificate of Qualification 10
College 60
University degree at bachelor level or above 20

Neighbourhood Marital Status Stat

Married 30
Widowed 10
Divorced 55
Separated 25
Never married 145
Living common law 50
Married or living common law 85
Not married and not living common law 235

Neighbourhood Construction Date

1961 to 1980 115
1981 to 1990 10
1960 or before 120
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