
St. Thomas, ON N5R 3R7
Attention All Investors, This Impressive Red Brick, multi-use building, presents a fantastic opportunity in a Prime Location, in St. Thomas just off Centre Street, close to the downtown core. The Property features approximately 750 sq ft of Professional Office space on the main floor, presently Vacant. Also complemented by Four (4) Residential Apartments Fully Rented, offering diverse income streams. Parking will never be an issue with 12 parking spaces available on site. Inside, tenants and owners will benefit from numerous updates, including newer Gas Furnace, updated Electrical Hydro Service and Updated Fire Coded Drywall. There is significant potential to expand the residential Income further by adding one more Legal apartment in the basement, which already has Two points of Access and Larger Windows. This Solid building, with its combination of commercial and residential income, numerous updates, parking and incredible location.
TRREB MLS® Attribution
MLS® X12805850
Listed by RE/MAX CENTRE CITY REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,296
/month · $540,000 mortgage
Amortization
Total Interest
$448,834
Total Cost
$988,834
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX CENTRE CITY REALTY INC.