Size
-
Lot size
-
Street frontage
-
Possession
2026-05-30
Price per sqft
$143 - $172
Taxes
$3,341 (2025)
Parking Type
-
Style
2-Storey
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Description
An exceptional opportunity to acquire a solid, income-producing fourplex offering both stability and upside potential. Three of the four units are occupied by long-term tenants, providing consistent rental income and low turnover. The remaining 2 bedroom unit has been newly updated and is currently vacant-ideal for an owner-occupant or the seller will guarantee market rent of approximately $1,600 until the end of September. The property features four separate hydro metres, a brand new boiler installed in 2024, and is in a great central location close to schools, shopping, and all of your amenities. The potential income with property fully tenanted is just under $40,000 with an estimated cap rate of 6.76%. Don't miss out on this excellent investment opportunity in the heart of St. Thomas. Book you private showing today!
Broker: ELGIN REALTY LIMITED
MLS®#: X13109744
Property details
Parking:
2
Parking type:
-
Property type:
Fourplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
53 Ft
Lot depth:
68 Ft
Listed on:
May 11, 2026
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Instant estimate:
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$14,598
higher than listed pricei
High
$473,055
Mid
$444,498
Low
$432,406
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