Size
-
Lot size
4160 sqft
Street frontage
-
Possession
Flexible
Price per sqft
-
Taxes
$2,596 (2024)
Parking Type
-
Style
2-Storey
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Description
Welcome to this two-storey home in the heart of St. Thomas an excellent investment opportunity for those looking to expand their real estate portfolio or secure a promising fixer-upper at an attractive price and 6.5% cap rate. Currently tenanted, the property offers immediate rental income, making it a smart choice for investors. Zoned R3, there is also potential for future development or expansion, adding long-term value to this versatile asset. The home features 5 bedrooms and 2 bathrooms, offering ample space and functionality. Located in a desirable area with established rental income and room for future growth, this property is a strong addition to any investment strategy. Whether you're looking for immediate returns or long-term upside, this St. Thomas opportunity is worth your consideration.
Broker: RE/MAX CENTRE CITY REALTY INC.
MLS®#: X12192203
Property details
Parking:
2
Parking type:
-
Property type:
Detached
Heating type:
Radiant
Style:
2-Storey
MLS Size:
0-700 sqft
Lot front:
34 Ft
Lot depth:
120 Ft
Listed on:
Jun 3, 2025
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Instant estimate:
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$4,913
higher than listed pricei
High
$319,570
Mid
$304,813
Low
$289,294
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1/18
$269,900
44 days
3BD
1BA
3 Parking
1,100-1,500 sqft
MLS#: X12176813
PLATINUM KEY REALTY INC.
