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Investment signal

$474,500

224 VIDAL STREET South

Save this home

Beds

4

Baths

2

Sqft

Year

1905

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sarnia. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This beautiful Victorian-style century home brims with character and charm. Ideally situated close to downtown & the waterfront with 4 large bedrooms, freshly updated 4-piece bathroom, & a new 3-piece bathroom that retain the period's aesthetic. The home includes a delightful walk-in butler pantry, a second ""servers"" staircase from the kitchen to the second floor, spacious living room with elegant built-in bookshelves, & a newly installed gas fireplace. Significant upgrades include new garage door, HVAC, roof, siding, porch, patio, and pergola. The home boasts new vinyl windows & stainless-steel appliances. Perfect for a growing family or Victorian enthusiast, this roomy home offers potential for investors considering conversion to a bed & breakfast, duplex, or triplex. The property is beautifully landscaped with well-maintained gardens, paved driveway, garage with a new sectional door, & a fully fenced yard. Experience turn-of-the-century history & Victorian charm in this unique home. (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Lot dimensions
51.09 X 102.29 / 0.12 AC
Bedrooms
4 above grade, 0 below grade
Stories
2
Fireplace
1
On market
Mar 6, 2026
Status changed
Apr 26, 2026
Zoning
R3
Photos
40
MLS#
26004725
Area
SARNIA

Features and systems

Parking

Detached GarageGarage

Appliances

RefrigeratorDishwasherStoveDryerMicrowave

Heating

Forced airNatural gasFurnace

Cooling

Central air conditioning

Exterior

Aluminum/Vinyl

Flooring

HardwoodLaminateCarpet over HardwoodCeramic/Porcelain

Foundation

Block

Lot

Concrete DrivewaySingle Driveway

Waterfront

Waterfront nearby
Negative cash flow ~$59/mo at these assumptions

Cash on cash

-0.75%

Cap rate

4.72%

GRM

13.6

Break-even rent

$2,962

Financing

Down payment$94,900
Loan amount$379,600
Mortgage$1,923/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$217
Insurance$80
Maintenance$395
CapEx reserve$198
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,923/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.

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