109 Ross Street,St. Thomas, ON N5R 3X8
St. Thomas, ON N5R 3X8
Description
Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build features 5500+ Sq ft of luxury finishes throughout. Always Fully Rented - Current income $112,800/year ($2300,$2400,$2500,$2200). Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered for all services with tenants paying all utilities. All paved wtih 5 parking spaces . Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow in a high-demand rental market, multi-generational living, or ideal live in with income! Note: very low property taxes and general out door maintenance. High quality construction. An excellent building to add to your portfolio! 6.1% CAP Rate!
Details
| MLS # | X12916728 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 149 |
| Listing Provided By | CENTURY 21 FIRST CANADIAN CORP | X12916728 371303 |
Features
| Bed(s) | 14 |
|---|---|
| Bath(s) | 12 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.14 |
Interior
| Interior Features | Sump Pump, Water Heater Owned, Separate Hydro Meter, On Demand Water Heater, In-Law Capability |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Lighting, Year Round Living |
|---|---|
| Roof | Shingles |
| Foundation Details | Poured Concrete |
| Topography | Flat |
| Construction Materials | Vinyl Siding |
| Security Features | Other, Carbon Monoxide Detectors |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Available |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5000 |
|---|---|
| Tax Legal Description | LT 5 PL 76 ST.THOMAS; ST.THOMAS |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| Region | Elgin |
| City | St. Thomas |
| Postal Code | N5R 3X8 |
| Area | St. Thomas |
| Listing VS Median (in N5R 3X8) | |
Price: $1,695,000 low | high Med: $0 On site: 149 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Elgin |
| City | St. Thomas |
| Postal Code | N5R 3X8 |
| Area | St. Thomas |
| Listing VS Median (in N5R 3X8) | |
Price: $1,695,000 low | high Med: $0 On site: 149 low | high Med: | |
