view of front of house featuring a front yard, driveway, and a garage Features: lawn, attached garage

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drone / aerial view with a water view Features: water view

view of property exterior featuring a lawn, concrete driveway, brick siding, and a garage Features: attached garage, lawn

view of side of home featuring entry steps and brick siding

foyer entrance featuring a chandelier, french doors, and baseboards Features: hardwood floor, notable chandelier, natural light, french doors

hallway with wood finished floors, a notable chandelier, and baseboards Features: vent, natural light, notable chandelier, hardwood floor, tile floor

empty room with visible vents, wood finished floors, a chandelier, and baseboards Features: hardwood floor, notable chandelier, vent, natural light

office with baseboards, visible vents, and wood finished floors Features: vent, natural light, hardwood floor

unfurnished bedroom with two closets, wood finished floors, a chandelier, and baseboards Features: vent, two closets, hardwood floor, notable chandelier

kitchen with stainless steel gas cooktop, an inviting chandelier, light countertops, dishwasher, and a sink Features: arched cabinets, sink, natural light, visible hinge cabinets, stovetop, kitchen peninsula, medium brown cabinets, notable chandelier, backsplash, dishwasher, raised cabinets, countertops

kitchen featuring light floors, a chandelier, black dishwasher, brown cabinets, and stainless steel oven Features: arched cabinets, countertops, notable chandelier, raised cabinets, oven, dishwasher, backsplash, medium brown cabinets, kitchen peninsula

kitchen with decorative backsplash, a sink, light countertops, black appliances, and an inviting chandelier Features: raised cabinets, notable chandelier, open shelves, countertops, pendant lighting, range hood, sink, oven, backsplash, tile floor, stovetop, arched cabinets, dishwasher, natural light

unfurnished dining area with an inviting chandelier, visible vents, and baseboards Features: backsplash, natural light, vent, notable chandelier

kitchen featuring brown cabinetry, glass insert cabinets, and light countertops Features: notable chandelier, countertops, raised cabinets, backsplash, glass insert cabinets, arched cabinets, medium brown cabinets, open shelves, built in desk

empty room with a chandelier, light wood-type flooring, visible vents, and baseboards Features: vent, notable chandelier, hardwood floor, natural light

unfurnished room featuring visible vents, wood finished floors, and baseboards Features: vent, hardwood floor, notable chandelier, textured ceiling, natural light

unfurnished room featuring an inviting chandelier, visible vents, wood finished floors, and baseboards Features: notable chandelier, vent, hardwood floor, natural light

unfurnished room with visible vents, baseboards, hardwood / wood-style flooring, and plenty of natural light Features: natural light, hardwood floor, vent

finished basement with carpet floors Features: drop ceiling, vent, carpet

unfurnished room with a chandelier, baseboards, hardwood / wood-style floors, and plenty of natural light Features: natural light, hardwood floor, notable chandelier

unfurnished bedroom with visible vents, wood finished floors, and baseboards Features: vent, hardwood floor, natural light

unfurnished room featuring wood finished floors and baseboards Features: hardwood floor, natural light

bathroom featuring tile walls, visible vents, toilet, and vanity Features: natural light, mirror, vent, sink, toilet, tile wall, vanity

half bath featuring toilet and vanity Features: mirror, toilet, sink, vanity

washroom with hookup for an electric dryer, cabinet space, and baseboards Features: electric dryer hookup, laundry, natural light

view of unfinished basement Features: workshop, dishwasher, tile floor

unfinished basement featuring a workshop area, washer / dryer, electric panel, and a sink Features: laundry, electric panel, range oven, water heater, workshop, tile floor, sink, washer dryer, refrigerator

bathroom featuring toilet, tile patterned floors, and vanity Features: tile floor, vanity, toilet, sink, mirror

unfurnished living room with a textured ceiling, a fireplace, visible vents, an inviting chandelier, and tile patterned floors Features: vent, textured ceiling, natural light, tile floor, fireplace, notable chandelier

unfurnished living room with a paneled ceiling, baseboards, and a brick fireplace Features: vent, drop ceiling, tile floor, fireplace

view of finished below grade area Features: tile floor

kitchen with a drop ceiling, brown cabinets, light countertops, and a sink Features: countertops, sink, vent, drop ceiling, backsplash, tile floor, medium brown cabinets

basement with visible vents Features: vent, natural light, drop ceiling, tv, tile floor

finished basement with stairs and tile patterned floors Features: tile floor

basement featuring visible vents, a wealth of natural light, and carpet Features: natural light, carpet, vent

bathroom featuring a garden tub, vanity, and tile patterned floors Features: vanity, tile wall, washer dryer, laundry, bath, mirror, sink, tile floor

unfinished basement featuring a workshop area and electric panel Features: electric panel, electric meter, vent, workshop

basement featuring electric panel Features: natural light, electric panel, electric meter

view of garage Features: tv, fire extinguisher

garage with a garage door opener Features: garage door opener, fire extinguisher

garage featuring a workshop area and freestanding refrigerator Features: workshop, refrigerator

garage with freestanding refrigerator Features: refrigerator, fire extinguisher

view of patio / terrace with outdoor dining area Features: patio

property entrance featuring board and batten siding and brick siding

rear view of property featuring a chimney, a yard, brick siding, a gazebo, and central AC unit Features: lawn, generator, gazebo, central ac, deck

bathroom featuring toilet, plenty of natural light, and tile patterned flooring Features: backsplash, vanity, natural light, vent, bidet, tile floor, tile wall, toilet, mirror, sink

view of community with a gazebo and a yard Features: gazebo, lawn

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For Sale - 408 MERSEA RD 3, Leamington, Ontario

408 Mersea Rd 3

Leamington , Ontario

8 3 $1,399,900

Est payment $6,722/mo

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Time on Jump 146 day

AI Summary *

Income-generating property with multiple revenue streams and investment potential.
Spacious 3,600 sq ft residence featuring 8 bedrooms and 3 bathrooms.
Lower level configured as a separate income-producing apartment.
4,200 sq ft manufacturing shop with in-floor heating, currently leased.
Tenants responsible for utilities, enhancing cash flow and investment appeal.

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Down Payment:
$ 69,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

This impressive income-generating property just outside leamington offers a rare opportunity for investors seeking multiple revenue streams in one asset. The approximately 3,600 sq ft residence features 8 bedrooms and 3 bathrooms, with the lower level currently configured as a separate income-producing apartment. Adding to the appeal is the approximately 4,200 sq ft manufacturing shop complete with in-floor heating and various electrical supply, currently leased and contributing additional rental income. With residential and commercial components, strong in-place revenue, and tenants responsible for utility usage, this property presents a compelling opportunity for investors looking to expand their portfolio. Buyer to verify zoning, measurements, permitted uses. Call ls for full details of finances and company leasing the premises.

Listing ID26006616

Address408 MERSEA RD 3

CityLeamington, Ontario

Price$1,399,900

Bed / Bath8 / 2 Full, 1 Half

StyleBungalow

ConstructionBrick

FlooringCeramic or Porcelain, Hardwood or Engine…

TypeResidential

StatusFor Sale

Extras

Attachment Style DetachedSubtype BungalowApprox. Square Footage 3600Acreage 0.760Indoor Features 2nd Kitchen, Grade EntranceOutdoor Features Barbecue, Covered Porch, Underground Sprinkler System, WorkshopInclusions 2 fridges, central vacuum, dishwasher, dryer, freezer, built-in oven, fridge, stoveDriveway Circular Drive, Concrete Drive, Front DriveParking Double Garage, Automatic Garage Door OpenerAmenities Landscaped, Patio(s), Shopping NearbyOwnership FreeholdRental Equipment NoneAppliances 2 Fridges, Central Vacuum, Dishwasher, Dryer, Freezer, Oven Built-In, Refrigerator, StoveBasement FullBasement Development FinishedFoundation BlockHeating / Cooling Central Air Conditioning, Forced AirHeating Fuel Natural GasHot Water Tank Tankless Water HeaterUtility Water Municipal WaterSewer Septic SystemFireplace Gas Conventional (Natural)

Market Info

Date Listed Mar 30, 2026Days on Market 148

Listing Agency:
REMAX PREFERRED REALTY LTD. - 588

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Listing Agency:
REMAX PREFERRED REALTY LTD. - 588

* Data is provided courtesy of WECAR. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by WECAR.

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For Sale - 408 MERSEA RD 3, Leamington, Ontario

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Market Info

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