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St. Thomas,ON N5R 2J3
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision St. Thomas
MLS Listing ID X12518478
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,170
Tax Year 2025
Property Sub-Type Duplex
Property Description
Priced to Sell!! Perfect opportunity to generate income, or ideal for first time buyers; live in one unit and generate income to pay down your mortgage!! This up and down duplex features a newly renovated upper 2 bedroom unit, that is vacant, allowing you to set your own rent. The lower unit consists of a 1 bedroom unit that is occupied by a long term tenant, on a month to month tenancy. Lower unit is well below market rent, so great potential for increasing rent, and generating great cash flow in this property. Separate water, hydro and gas meters and hot water heaters are owned; minimal expenses, just property taxes and insurance. Great area of St Thomas with recent upgrades to street (September to October 2025) new water mains, sewers, curbs and roads. New driveway (paved) October 2025.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Rooms
Family Room No
Basement Full,Unfinished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Separate Heating Controls,Separate Hydro Meter,Water Heater Owned
Cooling None
Inclusions 2 Fridges, 2 Stoves, 2 Hot Water Heaters
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 39.0
Total Parking Spaces 2
Building
Foundation Concrete Block
Others
Senior Community No
ParcelsYN No