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1833 Mersea Road

1833 Mersea Road

Leamington, Ontario

3 bed • 2 bath • Single Family

$139,000

Attention Investors & Buyers — Exceptional land value opportunity with strong future potential. Situated on a spacious rural lot surrounded by open farmland, this property offers a peaceful and private setting while remaining just minutes from Leamington and local amenities. Preliminary correspondence with the Municipality and ERCA suggests potential building possibilities; however, buyers are strongly encouraged to complete their own independent due diligence regarding approvals, zoning, permitted uses, building restrictions, and all applicable municipal and conservation authority requirements. Property also features a previous garage conversion into a secondary dwelling unit, offering additional potential for creative rental income or future redevelopment opportunities, subject to buyer verification and approvals. Property is being sold in as-is, where-is condition with no representations or warranties by the Seller. Properties offering this combination of rural location, lot size, and long-term upside are becoming increasingly difficult to find.

Price History

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

$27,800

Estimated Monthly Payment

$683

Investment Analysis

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

Mortgage: $683/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $35/mo

Estimates only. Consult a financial advisor.

R

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