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58 MARLBOROUGH Street

58 MARLBOROUGH Street

Leamington, Ontario

Multi-family

$789,900

Exceptional turnkey investment opportunity! This fully tenanted legal duplex with a newly completed legal Additional Dwelling Unit (ADU) offers three income-producing rental units and immediate cash flow from day one. No need to find tenants, every unit is occupied, making this a seamless addition to any investment portfolio. The brand-new legal ADU was completed this year with stylish modern finishes throughout with its own back separate large concrete driveway, while the main and upper units have also been extensively renovated. Major improvements include new electrical throughout, a new upstairs sub-panel, new central A/C, new kitchens in all units, and numerous updates that minimize future maintenance costs. Whether you’re expanding your portfolio or purchasing your first income property, this is a rare opportunity to own a low-maintenance, fully leased investment with three legal rental units already generating income. Viewing offers as they come - reach out today for more info!

Price History

Schools

Elementary

  • Queen Elizabeth Public School0.5 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

  • St Louis Catholic School0.7 km

    Catholic · Windsor-Essex CDSB · 545 students

    Grade 3 reading: 59% met the provincial standard

Secondary

  • Leamington District Secondary School1.3 km

    Public · Greater Essex County DSB · 925 students

    Grade 10 literacy: 75% met the provincial standard

  • Cardinal Carter Catholic Secondary School1.9 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.

Location

Mortgage Calculator

$157,980

Estimated Monthly Payment

$3,881

Investment Analysis

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

Mortgage: $3,881/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $197/mo

Estimates only. Consult a financial advisor.

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