1701 LONDON LINE, Sarnia
$1,689,000
For sale: Other
- Property type
- Investment
- MLS®
- MLS® X14113218
- Neighbourhood
- Sarnia
EXCEPTIONAL INVESTMENT OPPORTUNITY FOR OWNER OPERATORS! Well-established, cash-flowing Motel with an owner's residence, situated on approximately 1.82 acres along Sarnia's highly desirable Golden Mile commercial corridor. Prime location minutes from Highway 402 and the Bluewater Bridge to the USA, offering excellent visibility and accessibility. This income-generating property features 27 guest rooms including spacious one, two, and three-bed configurations and 5 kitchenette units. Established clientele, including extended-stay guests, provides consistent rental demand and recurring income. Several rooms have been upgraded, with additional renovations in progress, offering excellent potential to increase revenue and profitability. A major bonus is the spacious owner's residence featuring 2 bedrooms, 2 full bathrooms, an ensuite with steam sauna, full kitchen, living area, laundry, central air conditioning, and updated electrical. Ample parking for 40+ vehicles, including transport trucks. Furnishings, appliances, and security equipment included. An outstanding opportunity for investors and owner-operators to acquire an established hospitality business with real estate, an owner's residence, immediate income potential, and long-term growth opportunities!
Sold data
Homes in Sarnia — recent sold market
Homes in Sarnia took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 39, across 76 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.
The median sale price was $407,450.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
- Median days to sell
- 26
- Median sale price
- $407,450
- Sale-to-list ratio
- 96.7%
- Sold above asking
- 4%
Based on 76 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Sarnia
Sarnia has 23 Fraser Institute–rated schools (19 elementary and 4 secondary), averaging 5.4/10.
- Rated schools
- 23
- Elementary
- 19
- Secondary
- 4
- Average rating
- 5.4 / 10
Top-rated schools in Sarnia
- King George VI — elementaryFraser rating 8.0/10
- Cathcart Boulevard — elementaryFraser rating 7.9/10
- Les Rapides — elementaryFraser rating 7.9/10
- Northern — secondaryFraser rating 7.3/10
- St Anne — elementaryFraser rating 7.3/10
- Lakeroad — elementaryFraser rating 7.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 1701 LONDON LINE
$1,950,000
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Other21221 HOLT LINE, St Clair
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