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19 hours on Market

408 MERSEA RD 3, Leamington, Ontario N8H 3V5

Detached
5 + 3
4 + 2
~3600 sqft
$1,300,000
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Detached
5 + 3
4 + 2
~3600 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$361/sqft

Est. Mortgage$5,583/mo

Tax Amount (2024)$8,554/yr

Days On Market19 hours


Description

Approx. 3600 sq ft, 8-bed, 3-bath home just outside Leamington with a lower-level apartment for added income. Includes a 4200 sq ft manufacturing shop on the east boundary with strong rental returns. A prime opportunity for investors looking to expand their portfolio with a versatile, income-generating property.


Property Details

StyleBungalow
View-
Age of property1980
SqFt~3600 SqFt
Lot Size33,000 SqFt(300 x 110)
Parking Spaces-
MLS ®Number25010363
Community NameLeamington
Data SourceWESC
Listing byREMAX PREFERRED REALTY LTD. - 588

Features

Heating: Forced Air
Cooling: Central Air Conditioning
Basement: Full, Finished

MAIN LEVEL Floor

2 PC. BATHROOM

KITCHEN

11 x 18

LIVING ROOM

15 x 23

DINING ROOM

13 x 22


Features

Lot size: 33,000 SqFt

Property History

Apr 28, 2025
ListedActive
$1,300,000
19 hours on market
history photo preview50
Listing by wesc®
Property listed by REMAX PREFERRED REALTY LTD. - 588, Brokerage
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Market Data - Leamington

Geo Zone Map ThumbnailLeamington

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

89 days

Compared to

2024

59 days

2023

36 days

2022

6 days

New Listings

Past 30 days

37 listings

Compared to

2024

37 listings

2023

3 listings

2022

6 listings

Units sold

Past 30 days

2 units

Compared to

2024

3 units

2023

2 units

2022

4 units

Median Sold Price

Past 30 days

$447,500

Compared to

2024

$635,000

2023

$2,362,500

2022

$913,000


Population and Demographics

Overview

Total population 29989
Average household income $114,741

Age (%)

0 to 19
24%
65 and plus
20%
50 to 64
20%
20 to 34
19%
35 to 49
17%

Household composition (%)

Single family
69%
Single person
27%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
66%
German
10%
Spanish
5%
Plautdietsch
4%
Arabic
3%
Portuguese
3%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Italian
1%

House tenancy (%)

Owners
70%
Renters
30%

Schools and amenities

Estimated Budget