270 QUEEN Street
Sarnia, Ontario
Multi-family
Calling all investors! Don't miss this opportunity to own an income-producing triplex situated at 270 Queen Street, right in the heart of Sarnia’s most sought-after amenities. This turnkey property offers immediate cash flow with all tenants currently secured on one-year leases, featuring a main level one-bedroom unit with laundry at $1,000 per month, an upper level one-bedroom unit with laundry at $1,200 per month, and a cozy two-bedroom basement unit at $820 per month. The building had a brand-new roof installed in 2025, ensuring peace of mind for years to come. Located a short walk to Sarnia’s vibrant downtown waterfront, trendy restaurants, and bustling nightlife. The property also includes three dedicated parking spots via a shared driveway with the neighbouring house to the north. Don't miss out on this opportunity to build your investment portfolio.
Price History
Schools
Secondary
- Great Lakes Secondary School0.7 km
Public · Lambton Kent DSB · 1095 students
Grade 10 literacy: 72% met the provincial standard
- Northern Collegiate Institute and Vocational School4.8 km
Public · Lambton Kent DSB · 1145 students
Grade 10 literacy: 92% met the provincial standard
Elementary
- P.E. McGibbon Public School1.3 km
Public · Lambton Kent DSB · 520 students
Grade 3 reading: 51% met the provincial standard · Grade 6 math: 12% met the provincial standard
- Hanna Memorial Public School1.9 km
Public · Lambton Kent DSB · 180 students
Grade 3 reading: 73% met the provincial standard
- London Road School1.9 km
Public · Lambton Kent DSB · 180 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 23% 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 N7S
- Population
- 28,410
- Private dwellings
- 11,643
- Median age
- 42.4
- Average household size
- 2.5
- Median household income
- $93,000
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.
Local market
Multi-family in Sarnia · last 12 months
- Median sold price
- $400,000
- Homes sold
- 81
- Median days on market
- 27
- Sale-to-list price
- 95.8%
Based on 81 recorded sales of multi-family properties in Sarnia over the last 12 months.
Location
Mortgage Calculator
$61,980
Estimated Monthly Payment
$1,522
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,522/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $77/mo
Estimates only. Consult a financial advisor.
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