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115 Erie Street

115 Erie Street

Leamington, Ontario

  • 5 bed
  • 2 bath
  • Single Family
$449,900

Solid investment opportunity with strong income potential! This large home is currently configured into multiple living spaces, making it ideal for investors or buyers looking to create a multi-unit property. The second floor offers a self-contained unit featuring 3 bedrooms, 1 full bathroom, a kitchen & living area. The basement includes another separate unit with 2 bedrooms, 1 full bathroom, kitchen, & living space. The main floor presents additional potential for a third unit, plus there was previous progress toward creating a fourth unit in the garage - offering even more upside for the right buyer. The layout and size provide a strong foundation for those looking to add value. This is a great opportunity to invest, renovate, and build equity.

Price History

Schools

Elementary

  • Queen Elizabeth Public School0.6 km

    Public · Greater Essex County DSB · 505 students

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

  • École élémentaire catholique Saint-Michel0.7 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

  • Margaret D Bennie Public School1.1 km

    Public · Greater Essex County DSB · 390 students

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

Secondary

  • Leamington District Secondary School0.8 km

    Public · Greater Essex County DSB · 925 students

    Grade 10 literacy: 75% met the provincial standard

  • Cardinal Carter Catholic Secondary School1.5 km

    Catholic · Windsor-Essex CDSB · 630 students

    Grade 10 literacy: 100% 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.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$89,980

Estimated Monthly Payment

$2,210

Land transfer tax

Estimated land transfer tax$5,473

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $2,210/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $112/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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