Removed on Nov 30, 2024
Note: Property is not currently for sale or for rent.
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Type: Multiplex
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Style: Bungalow
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Lot Size: 55 x 107 Feet
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Age: No Data
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Taxes: $3,370 per year
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Days on Site: 21 Days
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Added: Jul 16, 2024 (3 weeks on market)
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Updated:
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Last Checked: 41 minutes ago
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MLS®#: X9043471
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Listed By: Maverick real estate inc.
Attention investors! Seize the opportunity to own a fully rented, cash-flowing fourplex in an excellent location. This well-maintained property features 2 one-bedroom units & 2 two-bedroom units, completely rented out. Unit #1: $1,300/month (fully renovated in 2022)Unit #2: $1,000/month, Unit #3: $465/month (tenant pays electricity)Unit #4: $750/month, a total annual rent of $42,180, ensuring immediate profitability. Updates include; New steel roof installed in 2024, New water heater in 2024 and new furnace in 2022 and a new walkway in 2022, enhancing curb appeal and property accessibility. Situated just a couple of blocks from the vibrant shops on Talbot Street and the Horton Farmers Market, this property offers convenience and charm. St. Thomas continues to grow and with Volkswagen set to build the new battery cell Gigafactory in 2027, now is the perfect time for first-time investors or seasoned professionals to expand their portfolio to get into the market!
Status
Days on Market: 21
Sold Date: Sep 07, 2024
Closed Date: Nov 30, -0001
Expiry Date: Nov 30, 2024
Unavailable Date: Nov 30, -0001
Input Date: Jul 17, 2024
Prior LSC: Listing with no contract changes
Property
Status: Sale
Property Type: Multiplex
Style: Bungalow
Area: St. Thomas
Community: SE
Availability Date: Immediate
Assessment Amount: $204,000
Assessment Year: 2023
Inside
Bedrooms: 4
Bathrooms: 4
Kitchens: 4
Rooms: 12
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Washrooms: 4
Building
Basement: Part Bsmt
Basement 2: Unfinished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Vinyl Siding
Exterior: Wood
Elevator: N
Water Supply: Municipal
Special Designation: Other
Parking
Driveway: Other
Garage Type: None
Fees
Tax Year: 2023
Tax Legal Description: PT LT 38 PL 51 YARMOUTH AS IN E45362; ST. THOMAS
Taxes: $3,370
Land
Cross Street: TURN NORTH ON MANITO
Municipality District: St. Thomas
Fronting On: West
Parcel Number: 351770132
Pool: None
Sewer: Sewers
Lot Depth: 107 Feet
Lot Frontage: 55 Feet
Acres: < .50
Zoning: RES
Very Walkable
- Most errands can be accomplished on foot.
Very Bikeable
- Most errands can be accomplished on bike.
Monsignor Morrison Separate School
Elementary: CatholicJune Rose Callwood Public School
Elementary: PublicForest Park Public School
Elementary: PublicSt. Anne's Separate School
Elementary: CatholicLockes Public School
Elementary: PublicPierre Elliott Trudeau French Immersion Public School
Elementary: PublicArthur Voaden Secondary School
Secondary: PublicCentral Elgin Collegiate Institute
Secondary: PublicSt Joseph's High School
Secondary: CatholicRegina Mundi College
Secondary: CatholicParkside Collegiate Institute
Secondary: PublicSir Wilfrid Laurier Secondary School
Secondary: Public
