449 Talbot Street, St. Thomas | Image 1

449 Talbot Street

St. Thomas, St. Thomas

  • Commercial

$2,499,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C2

  • Age: No Data

  • Taxes: 20003

  • MLS®#: X11960384

  • Days on Site: 20 Days

  • Added: Feb 05, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: ROYAL LEPAGE TRILAND REALTY

This mixed-use commercial property at 449-453 Talbot Street, situated in the heart of Downtown St. Thomas, presents a prime investment opportunity. Fully tenanted and zoned C2, the property features an 8,000 sq. ft. commercial space on the ground floor at 449 Talbot Street, alongside seven spacious, loft-style residential units at 453 Talbot Street. Each residential unit is equipped with separate hydro meters, hot water tanks, furnaces, and central air conditioning. With a gross annual rental income of $184,530, this property provides a solid return on investment while offering potential for future growth. It also boasts excellent visibility and accessibility in a rapidly expanding, vibrant community. EXTRAS: Possibility of retail business for sale.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: St. Thomas

  • Community: St. Thomas

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $20,003

  • Taxes Type: Annual

Land

  • Cross Street: Hiawatha St

  • Municipality District: St. Thomas

  • Parcel Number: 351730084

  • Lot Frontage: 66 Feet

  • Zoning: C2

Commercial Specific

  • Retail Area: 8000

  • Retail Area Metric: Sq Ft

  • Total Area: 16000

  • Total Area Metric: Sq Ft

  • Office Size: 8000

  • Office Size Metric: Sq Ft

  • Lot Code: Building

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Very Walkable

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

Very Bikeable

  • Most errands can be accomplished on bike.
77 /100
JK-8

Monsignor Morrison Separate School

Elementary: Catholic
1.90 km
JK-8

June Rose Callwood Public School

Elementary: Public
1.53 km
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Forest Park Public School

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2.14 km
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Lockes Public School

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2.03 km
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John Wise Public School

Elementary: Public
2.41 km
K-8

Pierre Elliott Trudeau French Immersion Public School

Elementary: Public
1.75 km
9-12

Arthur Voaden Secondary School

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0.60 km
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Central Elgin Collegiate Institute

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12.81 km
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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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18.62 km
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