132 Victoria Street S, Sarnia, ON N7T 2T1
Sarnia, ON N7T 2T1
About this property
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!
Property facts & features
- Days on market
- Not reported
- Property type
- Duplex
- MLS® number
- X14118080
- Source status
- New
- Bedrooms
- 4
- Bathrooms
- 2
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- N7T 2T1
- Parking spaces
- 3
- Garage
- None
- Lot depth (source units)
- 81.64
- Annual property tax
- 2306
- Basement
- Unfinished
- Laundry
- Not provided
- Interior features
- None, Separate Hydro Meter
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 6 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $334,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
Sign in to request eligible VOW access →Plan your monthly ownership costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Location & neighbourhood
A verified map location is not yet available for this listing.
Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.
Explore active properties in Sarnia →Listing brokerage: RIGHT AT HOME REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14118080. Information deemed reliable but not guaranteed.