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CAONSarniaNorthgate368 Maxwell St
Listing image | Image 1

368 Maxwell St, Sarnia, ON

House

For Sale

Listed price in listed location currency (CAD).
$374,999

733

MLS® X13565718

Overview

Key Facts

Type Duplex
Levels Residential
Size -
Garage None
Taxes $4,216
Days Active 8
Lot Size 
Approx. Age 
MLS® Number X13565718

Property Address: 368 Maxwell St, Sarnia, ON, N7T5E2

Average square foot calculated using Size range provided by listing agent.

Description

Attention investors! Outstanding opportunity to acquire a cash-flowing duplex in the heart of Sarnia, offering three self-contained units and strong income potential at an affordable price point. With a total of 7 bedrooms, 3 bathrooms, and 3 full kitchens, this purpose-built income property is an excellent addition to any investment portfolio. This property is currently generating $4, 000 per month ($48, 000 annually) in gross rental income, with all rents inclusive. Current rental breakdown is as follows: Unit 1-$1, 400/month (scheduled to be vacant mid-August, with the seller willing to make provisions to secure a new tenant prior to closing, subject to the terms of the Agreement of Purchase and Sale), Unit 2- $1, 650/month and unit 3-$950/month. Based on previous years' operating figures, annual expenses are estimated at approximately: Gas -$2, 700, Hydro & Water-$6, 206, Insurance-$1, 200, Maintenance-$ 1, 800, and Property Taxes -$3, 100. The hot water tank is owned, eliminating rental costs. this results in an attractive estimated Net Operating Income, making this a rare opportunity to acquire a positive cash-flow investment property for under $400, 000. Conveniently located close to amenities, schools, shopping and public transit, this property offers stable rental demand and long-term investment potential. Property is being sold as is, where is, as the Seller will provide limited representations and warranties with respect to the property. A fantastic opportunity for investors seeking immediate income with future upside.
MLS® NumberX13565718
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementUnfinished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $374,999

For Sale · 8 days

$374,999

MLS® X13565718

8 days ago

Not Sold Yet

July 2026, For Sale for $374,999

For Sale · 8 days

$374,999

MLS® X13565718

8 days ago

Not Sold Yet

February 2025, Sold for $347,500

Sold · 27 days

$347,500$365,000

MLS® X11945246

A year ago

Sold on Feb 26, 2025

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