33 Station Street, St. Thomas | Image 1

33 Station Street

St. Thomas, NW

  • Commercial

$999,999
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R4

  • Age: 100+ years

  • Taxes: 4659

  • MLS®#: X11913327

  • Added: Jan 08, 2025 (1 week ago)

  • Updated:

  • Last Checked: 14 hours ago

  • 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 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. 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 hot spot 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 income potential. 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.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Net Income: 74365

  • Area: St. Thomas

  • Community: NW

  • Availability Date: Flexible

  • Assessment Amount: $280,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 6

  • Air Conditioning: N

  • Washrooms: 6

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2024

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

  • Taxes: $4,659

  • Expenses: Act

  • Insurance Fee: 6940

  • Hydro Expense: 5148

  • Heat Expenses: 2945

  • Taxes Type: Annual

  • Taxes: 4659

  • Tax Year: 2023

Land

  • Cross Street: STATION STREET & MED

  • Municipality District: St. Thomas

  • Parcel Number: 351710195

  • Sewer: Sanitary

  • Lot Depth: 120 Feet

  • Lot Frontage: 64.41 Feet

  • Zoning: R4

Additional Media

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

Commercial Specific

  • Total Area: 4326

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Lot Code: Building

  • Survey: N

  • Financial Statement: Y

  • Gross Income/Sales: 94056

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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
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
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St Joseph's High School

Secondary: Catholic
3.76 km
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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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