Size
-
Lot size
5928 sqft
Street frontage
-
Possession
2025-05-01
Price per sqft
$26 - $340
Taxes
$5,000 (2024)
Parking Type
-
Style
3-Storey
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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.
Broker: CENTURY 21 FIRST CANADIAN CORP
MLS®#: X12080400
Property details
Parking:
5
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
5000-65535 sqft
Lot front:
59 Ft
Lot depth:
99 Ft
Listed on:
Apr 14, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Second | Dining Room | 9.2 x 12.9 ft | |
Lower | Bathroom | 6.6 x 8.1 ft | |
Main | Pantry | 5.8 x 4.3 ft |
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Instant estimate:
orto view instant estimate
$54,322
lower than listed pricei
High
$1,751,300
Mid
$1,645,578
Low
$1,600,812
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