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120 TALBOT Street

120 TALBOT Street

Leamington, Ontario

10 bed • 2 bath • Single Family

$499,900

Welcome to 120 talbot st w, leamington — a fantastic turnkey investment opportunity in a prime location just seconds from the vibrant downtown core. ideal for either an investor or homeowner. This legal duplex with an additional unit offers three self-contained apartments, making it an ideal income-generating property. with a total of 6 bedrooms and 4.5 bathrooms, the layout is well-suited for strong rental demand and long-term tenant appeal. Currently generating an impressive $5,050 per month in rental income, this property provides immediate cash flow for investors looking to expand their portfolio or step into the market with confidence. situated on a generous lot, the property features ample on-site parking with space for 6–8 vehicles — a rare and valuable asset for multi-unit properties. located within walking distance to supermarkets, buses, schools, shops, restaurants, grocery stores, and everyday amenities, tenants will appreciate the convenience and accessibility this location offers. Whether you're a seasoned investor, just getting started, or want to live in one unit and rent out the others, this is a solid opportunity in one of Leamington's most desirable rental areas. Unfinished basement with separate entrance. Please allow 24 hour notice for all showings. Preferred showing times are weekends.

Price History

Schools

Secondary

  • Leamington District Secondary School0.6 km

    Public · Greater Essex County DSB · 925 students

    Grade 10 literacy: 75% met the provincial standard

  • Cardinal Carter Catholic Secondary School1.4 km

    Catholic · Windsor-Essex CDSB · 630 students

    Grade 10 literacy: 100% met the provincial standard

Elementary

  • Queen Elizabeth Public School1.1 km

    Public · Greater Essex County DSB · 505 students

    Grade 3 reading: 66% met the provincial standard · Grade 6 math: 44% met the provincial standard

  • Margaret D Bennie Public School1.3 km

    Public · Greater Essex County DSB · 390 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 35% met the provincial standard

  • École élémentaire catholique Saint-Michel1.3 km

    French Catholic · Conseil scolaire catholique Providence · 340 students

    Grade 3 reading: 42% met the provincial standard · Grade 6 math: 42% 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

$99,980

Estimated Monthly Payment

$2,456

Investment Analysis

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

Mortgage: $2,456/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $125/mo

Estimates only. Consult a financial advisor.

R

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