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132 VICTORIA STREET
Sarnia Ontario N7T2T1 Canada

$334,900

Active Listing ID 26025349
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Multi-family

$334,900

Active Listing ID 26025349
Save

132 VICTORIA STREET Exceptional legal conforming duplex with commercial zoning (GC2) offering incredible value and strong numbers for investors or owner-occupiers! Featuring two well-maintained 2-bedroom units, this solid brick property showcases historic character including beautiful hardwood flooring and leaded glass windows. The lower unit features 2 bedrooms and an updated bathroom, currently rented at $1, 300/month. The upper unit features 2 bedrooms, an updated kitchen, a modern bathroom, huge attic storage access, and two private balconies (estimated market rent of $1, 500/month). Enjoy separate hydro meters and separate natural gas boilers (new in 2023) with tenants paying their own heat and hydro. Additional updates include a roof in 2013, vinyl windows (excluding leaded glass), owned hot water tanks, a fully fenced yard, and on-site gravel parking for 2 vehicles. Solid investment fundamentals at a $335, 000 purchase price featuring $33, 600 in gross annual rent, a Net Operating Income (NOI) of $26, 610/year, a 7.94% cap rate, and a 9.97x Gross Rent Multiplier (GRM). A turnkey addition to your portfolio in a great Sarnia location! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick, Aluminum/Vinyl
  • Floor Covering: Hardwood, Cushion/Lino/Vinyl
  • Heating Systems: Boiler, Natural gas
Listing Changed: 10/23/2026 5:05:22 PM GMT
Source Updated Date: 11/5/2026 12:00:23 PM GMT

Courtesy of: JOE ROCCA, Sales Person, RE/MAX Sarnia Realty Inc