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St. Thomas,ON N5R3X8
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $339
Subdivision St. Thomas
MLS Listing ID X12080400
Bedrooms 14
Half Baths 1
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Brand new purpose-built 4-plex in the growing city of St. Thomas, just minutes to London, the 401, and a short drive to Port Stanley beaches. With major employers like the new VW EV battery plant and Amazon fulfillment center, St. Thomas is experiencing rapid growth making this is a smart investment or ideal multi-generational living option. Each side-by-side unit offers a mirrored main-floor unit with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to the rear parking. Upper units feature 3 bedrooms plus a den, 2.5 baths, and scenic top-floor views. All four units boast high ceilings, quartz countertops, upgraded lighting, separate laundry, and brand new, never-used appliances. Separately metered and completely vacant, the building offers 5 rear parking spaces and 2 sewer and water connections. With market rental rates estimated at $2,600/month per upper & $2300 /month per lower, this property projects a strong 6.9% cap rate an ideal opportunity for investors looking to secure cash flow in a high-demand rental market. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 5.34 m X 4.38 m Living room
Extra Room 2 Second level 2.56 m X 3.94 m Kitchen
Extra Room 3 Second level 2.79 m X 3.94 m Dining room
Extra Room 4 Second level 1.53 m X 1.7 m Bathroom
Extra Room 5 Second level 3.04 m X 3.11 m Den
Extra Room 6 Third level 4.26 m X 5.69 m Bedroom
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Virtual Tour https://www.youtube.com/shorts/6sotOS8mkiU