224 MERSEA RD 7
Leamington
4 bed • Single Family
WELCOME TO A RARE OPPORTUNITY WHERE LUXURY LIVING MEETS INTELLIGENT INVESTMENT. SET ON AN ACRE OF LAND, THIS RENOVATED RANCH-STYLE BUNGALOW DELIVERS THE PERFECT BLEND OF REFIND MODERN DESIGN & COUNTRY SERENITY - & IT PAYS YOU TO LIVE HERE. W/ SOLAR PANELS (VALUED AT ALMOST $100K!!) & GENERATES APPROX $15K ANNUALLY, THIS PROPERTY STANDS IN A LEAGUE OF ITS OWN AS BOTH A DREAM HOME & A POWERFUL INCOME-PRODUCING ASSET. INSIDE, DISCOVER 4 SPACIOUS BEDROOMS, 2.5 BEAUTIFULLY UPDATED BATHROOMS, & AN OPEN-CONCEPT LAYOUT ANCHORED BY A STUNNING, HIGH-END KITCHEN W/ COMMERCIAL FRIDGE/FREEZER DESIGNED FOR BOTH ENTERTAINING & EVERYDAY LIVING. THOUGHTFUL FINISHES, LARGE WINDOWS, & GENEROUS LIVING SPACES CREATE A WARM YET SOPHISTICATED ATMOSPHERE THROUGHOUT. CAR ENTHUSIASTS, HOBBYISTS, & ENTREPRENEURS WILL APPRECIATE THE MASSIVE DETACHED GARAGE FEATURING A LRG COVERED PATIO & 600V ELECTRICAL SYSTEM, IDEAL FOR WELDING, WORKSHOPS OR OPERATING A HOME BUSINESS. AN EXPANSIVE DRIVEWAY W/ AMPLE PARKING.
Price History
Schools
Elementary
- Mount Carmel Blytheswood Public School3.5 km
Public · Greater Essex County DSB · 220 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 41% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N8H
- Population
- 27,530
- Private dwellings
- 10,486
- Median age
- 41.6
- Average household size
- 2.7
- Median household income
- $78,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Location
Mortgage Calculator
$175,980
Estimated Monthly Payment
$4,323
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,323/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $220/mo
Estimates only. Consult a financial advisor.
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