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195 SYDENHAM Street

195 SYDENHAM Street

Dresden, Ontario

Multi-family

$599,000

Excellent investment opportunity! 4-plex in the heart of Dresden featuring two–2-bedroom units and two–1-bedroom units, all with existing tenants in place—buyer to assume tenants. ALL UNITS ARE SEPARATELY METERED WITH EACH TENANT RESPONSIBLE FOR THEIR OWN HYDRO, WATER AND GAS. Gross annual income of $52,722.84 with rents as follows: Unit 1 – $1,300/month plus utilities, Unit 2 – $1,310.98/month plus utilities, Unit 3 – $582.59/month plus utilities, Unit 4 – $1,200/month plus utilities. Property features newer gas furnaces, and a new asphalt shingled roof. Ideally located directly across from the splash pad, baseball diamond, and community pool, and within a short walking distance to Dresden Area Central School and all downtown amenities, no driving necessary. A well-located, solid income-producing property with strong rental appeal.

Price History

Schools

Elementary

  • Dresden Area Central School0.3 km

    Public · Lambton Kent DSB · 390 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 37% met the provincial standard

Secondary

  • Lambton Kent Composite School0.9 km

    Public · Lambton Kent DSB · 350 students

    Grade 10 literacy: 78% 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 N0P

Population
53,140
Private dwellings
23,162
Median age
46
Average household size
2.4
Median household income
$80,000

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 Dresden · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of multi-family properties in Dresden over the last 12 months.

Location

Mortgage Calculator

$119,800

Estimated Monthly Payment

$2,943

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,943/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

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