Purpose-built fourplex situated on a large lot in the growing community of St. Thomas is conveniently located close to parks, schools, shopping, and all of your amenities. This property presents an excellent opportunity for investors seeking a solid, income-generating asset. This well-maintained property features multiple key upgrades, including a durable metal roof, newer weeping tile, and a recently installed sump pump for added peace of mind. Each 2 bedroom unit benefits from separate electrical panels and individual water heaters, offering efficiency and reduced operating complexity. A turnkey addition to any portfolio with strong fundamentals in a high-demand rental market. Unit 1 $756/month, Unit 2 $863/month Unit 3 $1490/month, and Unit 4 $1502/month all plus utilities.
| MLS # | X12963218 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 135 |
| Listing Provided By | ELGIN REALTY LIMITED | X12963218 788100 |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 4 |
| Acreage | 0.36 |
| Interior Features | Carpet Free, Sump Pump, Water Heater Owned |
|---|---|
| Cooling | Window Unit(s) |
| Heat Source | Electric |
| Fireplace Yes / No | No |
| Roof | Metal |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 5269 |
|---|---|
| Tax Legal Description | LT 24 PL 302 ST. THOMAS; S/T E126905; ST. THOMAS |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Elgin |
| City | St. Thomas |
| Postal Code | N5P 3M3 |
| Area | St. Thomas |
| Listing VS Median (in N5P 3M3) | |
Price: $931,500 low | high Med: $0 On site: 135 low | high Med: | |
| Province | ON |
|---|---|
| Region | Elgin |
| City | St. Thomas |
| Postal Code | N5P 3M3 |
| Area | St. Thomas |
| Listing VS Median (in N5P 3M3) | |
Price: $931,500 low | high Med: $0 On site: 135 low | high Med: | |