33 Station Street, St. Thomas | Image 1

33 Station Street

St. Thomas, NW

  • 9 bed 6 bath 3500 sqft
$1,075,000 est.*: $3,642/mo
For Sale

Added 3 months ago

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  • Type: Multiplex

  • Style: 2 1/2 Storey

  • Size: 3500 sqft

  • Lot Size: 64.41 x 120 Feet

  • Age: 100+ years

  • Taxes: $4,659 per year

  • Days on Site: 37 Days

  • Added: Sep 11, 2024 (3 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X9344483

  • Listed By: Keller williams lifestyles

Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of two three-bedroom units, two two-bedroom units, and two one-bedroom units. This property offers a 6.6% cap rate. Net operating income of $74,725.33, the building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hotspot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the propertys income potential. Additionally, theres potential for developing more units in the basement. This property offers a 6.6% cap rate. Interested parties are encouraged to inquire about competitive financing options available. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Dont miss out on this fantastic opportunity.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2 1/2 Storey

  • Size (sq ft): 3500

  • Age: 100+

  • Area: St. Thomas

  • Community: NW

  • Availability Date: FLEXIBLE

  • Assessment Amount: $280,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 3

  • Bathrooms: 6

  • Kitchens: 5

  • Rooms: 12

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 6

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Yes

  • Telephone: Yes

Building

  • Basement: Full

  • Basement 2: Unfinished

  • Heat Type: Radiant

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Other

  • Elevator: N

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 17 PL 84 ST. THOMAS; PT LT 16 PL 84 ST. THOMAS AS IN E283199;

  • Taxes: $4,659

Highlights

  • Feature: Cul De Sac

  • Feature: Park

  • Feature: Place Of Worship

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: STATION STREET & MED

  • Municipality District: St. Thomas

  • Fronting On: North

  • Parcel Number: 351710195

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 120 Feet

  • Lot Frontage: 64.41 Feet

  • Acres: < .50

  • Zoning: R4

Additional Media

  • Virtual Tour: https://tours.snaphouss.com/33stationstreetstthomason
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Very Walkable

  • Most errands can be accomplished on foot.
77 /100

Very Bikeable

  • Most errands can be accomplished on bike.
74 /100
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Map of 33 Station Street, St. Thomas
JK-8

Monsignor Morrison Separate School

Elementary: Catholic
1.31 km
JK-8

June Rose Callwood Public School

Elementary: Public
0.96 km
JK-8

Forest Park Public School

Elementary: Public
1.99 km
JK-8

St. Anne's Separate School

Elementary: Catholic
2.39 km
JK-8

Lockes Public School

Elementary: Public
1.43 km
K-8

Pierre Elliott Trudeau French Immersion Public School

Elementary: Public
1.84 km
9-12

Arthur Voaden Secondary School

Secondary: Public
0.36 km
9-12

Central Elgin Collegiate Institute

Secondary: Public
2.00 km
9-12

St Joseph's High School

Secondary: Catholic
3.76 km
9-12

Regina Mundi College

Secondary: Catholic
12.39 km
9-12

Parkside Collegiate Institute

Secondary: Public
3.05 km
9-12

Sir Wilfrid Laurier Secondary School

Secondary: Public
18.21 km

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