12 St Catharine Street, St. Thomas | Image 1

12 St Catharine Street

St. Thomas, NW

  • - bed - bath - sqft
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Nov 05, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 5000 sqft

  • Lot Size: 32 x 0 Feet

  • Age: 51-99 years

  • Taxes: $7,727 per year

  • Days on Site: 46 Days

  • Added: Sep 20, 2024 (1 month on market)

  • Updated:

  • Last Checked: 4 hours ago

  • MLS®#: X9361257

  • Listed By: Blue forest realty inc.

Unique investment opportunity in the Downtown Core of St Thomas. Both properties are exclusively being sold together, one price for both! A VACANT 6300 Sq Ft building and a 41ft by 109ft rear lot (currently being rented as a parking lot). Both lots are under the same C2 zoning allowing for full commercial, full residential or mixed use. Architectural plans to convert the entire building into 11 residential units is included in the listing documents. After development, this would be an excellent candidate for refinancing under CMHC with a strong cashflow and no rent control (for new units). The rear lot would also provide sufficient parking for all units or can be redeveloped. Property is serviced by municipal water & sewers, natural gas and hydro. Building includes 6 breakers, 6 hydro meter bases, 3 gas meters, 3 furnaces and 8 existing points of entry. Excellent visibility in a family-friendly neighbourhood within steps to City Hall, Public Library, Westlake Evans Park, YMCA daycare, retail stores, restaurants, bars and public transit.

Status

  • Days on Market: 46

  • Last Status: Sold

  • Sold Date: Nov 05, 2024

  • Closed Date: Dec 04, 2024

  • Expiry Date: Mar 20, 2025

  • Sold Price: $470,000

  • Unavailable Date: Nov 07, 2024

  • Input Date: Sep 20, 2024

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 5000

  • Age: 51-99

  • Area: St. Thomas

  • Community: NW

  • Availability Date: Flexible

  • Assessment Amount: $202,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 5

  • Rooms: 18

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 5

Utilities

  • Electricity: Yes

  • Gas: Yes

Building

  • Basement: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Other

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Available

  • Garage Type: None

  • Covered Parking Spaces: 11

  • Total Parking Spaces: 11

Fees

  • Tax Year: 2024

  • Tax Legal Description: SEE REALTOR REMARKS

  • Taxes: $7,727

Highlights

  • Feature: Park

  • Feature: Public Transit

Land

  • Cross Street: St Catharine St and

  • Municipality District: St. Thomas

  • Fronting On: East

  • Parcel Number: 351750011

  • Pool: None

  • Sewer: Sewers

  • Lot Frontage: 32 Feet

  • Lot Irregularities: Front lot 32'xIrreg.

  • Acres: < .50

  • Zoning: C2

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Very Walkable

  • Most errands can be accomplished on foot.
88 /100

Very Bikeable

  • Most errands can be accomplished on bike.
84 /100
JK-8

Monsignor Morrison Separate School

Elementary: Catholic
1.74 km
JK-8

June Rose Callwood Public School

Elementary: Public
1.26 km
JK-8

Forest Park Public School

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1.84 km
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Lockes Public School

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1.84 km
JK-8

John Wise Public School

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2.41 km
K-8

Pierre Elliott Trudeau French Immersion Public School

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Arthur Voaden Secondary School

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Central Elgin Collegiate Institute

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Parkside Collegiate Institute

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2.61 km
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Sir Wilfrid Laurier Secondary School

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18.63 km
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