Salehian.com 647-325-5000

368 Maxwell Street

Sarnia, Sarnia, N7T 5E2

$363,900

Reduced $11,099 from $374,999

Photo 1 of 1
  • 7 bedrooms
  • 3 bathrooms
  • 3 parking
  • 1500-2000 sq ft

Listed 97 days ago · MLS® X13565718

About this home

Attention investors! Outstanding opportunity to acquire a cash-flowing duplex in the heart of Sarnia, offering three self-contained units and strong income potential at an affordable price point. With a total of 7 bedrooms, 3 bathrooms, and 3 full kitchens, this purpose-built income property is an excellent addition to any investment portfolio. This property is currently generating $4,000 per month ($48,000 annually) in gross rental income, with all rents inclusive. Current rental breakdown is as follows: Unit 1-$1,400/month (scheduled to be vacant mid-August, with the seller willing to make provisions to secure a new tenant prior to closing, subject to the terms of the Agreement of Purchase and Sale), Unit 2- $1,650/month and unit 3-$950/month. Based on previous years' operating figures, annual expenses are estimated at approximately: Gas -$2,700, Hydro & Water-$6,206, Insurance-$1,200, Maintenance-$ 1,800, and Property Taxes -$3,100. The hot water tank is owned, eliminating rental costs. this results in an attractive estimated Net Operating Income, making this a rare opportunity to acquire a positive cash-flow investment property for under $400,000. Conveniently located close to amenities, schools, shopping and public transit, this property offers stable rental demand and long-term investment potential. Property is being sold as is, where is, as the Seller will provide limited representations and warranties with respect to the property. A fantastic opportunity for investors seeking immediate income with future upside.

Details

Type
Duplex
Style
Bungalow
Size
1500-2000 sq ft
Lot
42 × 114 ft
Basement
Unfinished
Garage
None
Kitchens
3
Property tax
$4,216 (2026)
Neighbourhood
Sarnia
Municipality
Sarnia

Interior

Bedrooms
7 above ground
Bathrooms
2 × 3-piece, 1 × 4-piece
Rooms
14 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Block
Faces
North

Parking

Total parking
3

Lot

Size
42 × 114 ft

More

Possession
Flexible
Cross street
Maxwell St and Gordon St

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 13 cafés and restaurants, 5 parks, 4 pharmacies. Nearest grocery: Metro (950 m). Nearest park: Terry Fox Park (450 m).

Schools nearby

Elementary

  • London Road School
    EQAO: Gr 6 reading 23%, math 23%    9 min walk
  • Hanna Memorial Public School
    EQAO: Gr 3 reading 73%, math 60%    11 min walk
  • St. Matthew Catholic School Catholic
    EQAO: Gr 6 reading 73%, math 22%    1.3 km
  • P.E. McGibbon Public School
    EQAO: Gr 6 reading 56%, math 12%    1.6 km

Secondary

  • Lambton Kent Alternative & Continuing Education Centre17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N7T

Owners / renters
51% / 49%
Median household income
$58,400
Average age
44
Children under 15
14%
Homes
51% detached, 19% high-rise
Commute by transit
4%
Population
26,033

Languages spoken most at home besides English: Spanish 0.3%, Punjabi (Panjabi) 0.3%, Portuguese 0.3%, Malayalam 0.2%.

Safety

Crime Severity Index for Sarnia police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX PREMIER INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Sarnia