How to Analyze a Rental Property in Sarnia–Lambton

Step 1 – Determine True Market Rent

Rent must be supported by:

• Current competing rentals
• Bedroom count
• Location
• Parking
• In-suite laundry
• Schools + transit access

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Step 2 – Calculate All Monthly Expenses

Expenses include:

• Mortgage
• Property taxes
• Insurance
• Water & utilities (if not tenant-paid)
• Maintenance & vacancy
• Property management (if used)

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Step 3 – Cash Flow vs Appreciation

Some investors focus on:

• Monthly cash flow Others prioritize:
• Long-term value growth

The best properties balance both.

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What a “Good Deal” Actually Looks Like in Sarnia

In today’s local market:

• Cash-flow positive deals still exist
• Duplex conversions are strong plays
• North End + Coronation Park perform well for rentals
• Bright’s Grove tends to be appreciation-driven