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40-42 Locust Street

St. Thomas / St. Thomas, ON N5R 2C1

ActiveFor Sale
4 Beds
2 Baths
1,500 Sq Ft
6,351 Lot Sq Ft
Multi-Family
Virtual Tour Available

About This Property

Welcome to 40-42 Locust Street, located on the South side of the City of St Thomas. This well-maintained, two storey, purpose-built all brick duplex offers an excellent opportunity for an investor, extended family, or owner occupier looking for additional income. Unit 40, located on the left Is the main floor unit, offers a spacious living room with patio doors opening onto a welcoming front porch. The eat-in kitchen includes a fridge, stove, and dishwasher. The generously sized primary bedroom features patio doors leading to a concrete rear porch and beautifully fenced-in yard. A second bedroom, 4pc bathroom, and convenient in-unit laundry complete the unit. Efficient hot-water boiler heating with in-floor heating provides comfort and warmth throughout. Unit 42, the upper unit, offers a similar spacious layout with a bright living room and patio doors leading to a front deck. The eat-in kitchen includes a fridge, stove, and dishwasher. A generously-sized primary bedroom, second bedroom, 4pc bathroom, a convenient second-floor laundry provide comfortable and practical living. The same efficient hot-water boiler system with in-floor provides warmth and helps keep operating costs manageable. Both units share access to a large fully fenced backyard, providing excellent outdoor space and privacy. A shared storage shed offers additional convenient storage for both units. Offering two self-contained units and an attractive opportunity for investors or buyers to live in one unit while generating rental income.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Lot Size6,351 sq ft
Bedrooms4
Bathrooms2
Postal CodeN5R 2C1
Last UpdatedSep 14, 2026 · 10:06 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13688240

Listed by CENTURY 21 FIRST CANADIAN CORP

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.

$658,900

asking price

MLS®X13688240
TypeMulti-Family
CitySt. Thomas
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,217

/month · $527,120 mortgage

Down Payment20% — $131,780
Interest Rate5.5%

Amortization

Total Interest

$438,129

Total Cost

$965,249

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

CENTURY 21 FIRST CANADIAN CORP