$489,000
( $271.67Per Sq Foot )
 $2,625 est/mo Sourced by Back At You

370 Talbot Street,St. Thomas, ON N5P 1B6

St. Thomas, ON N5P 1B6

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Description

Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential. Buyer and Buyer's Representative to verify all measurements, dimensions, specifications, and all other information to their own satisfaction prior to submitting an offer.

Details

MLS #X13559158
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site40
Listing Provided ByCENTURY 21 PROPERTY ZONE REALTY INC. | X13559158 420400

Features

Bath(s)2
SQ Feet1,800
Acreage0.04

Interior

CoolingYes

Exterior

Community FeaturesPublic Transit
Security FeaturesNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount4583.71
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
RegionElgin
CitySt. Thomas
Postal CodeN5P 1B6
AreaSt. Thomas
Listing VS Median (in N5P 1B6)
Price:
$489,000
low | high
Med:
$489,000
50% of Average
sqft:
1,800
low | high
Med:
1,800
50% of Average
$ / sqft:
$272
low | high
Med:
$272
50% of Average
On site:
40
low | high
Med:
40
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionElgin
CitySt. Thomas
Postal CodeN5P 1B6
AreaSt. Thomas
Listing VS Median (in N5P 1B6)
Price:
$489,000
low | high
Med:
$489,000
50% of Average
sqft:
1,800
low | high
Med:
1,800
50% of Average
$ / sqft:
$272
low | high
Med:
$272
50% of Average
On site:
40
low | high
Med:
40
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $366K - $611K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
002-10 Queen Street Property Photo 1
$2,000
002-10 Queen Street
St. Thomas, ON N5R 3H8
Listing Updated: August 10, 2026 at 5:01:50 PM PDT