UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,279 sqft
Price per Sqft $263
MLS Listing ID 40825985
Bedrooms 5
Abv Grd Liv Area 2,279
Year Built 1914
Annual Tax Amount $2,273
Property Sub-Type Duplex Up/Down
Source Cornerstone
Property Description
A rare opportunity to take control of your investment from the start. This 2.5-storey duplex will be delivered vacant on closing, allowing you to secure market rents immediately.
Located in an established area of St. Thomas close to amenities and transit, supporting consistent tenant demand.
The home features two self-contained units with private entrances. The main floor offers a bright living space with large windows, laminate flooring, decorative fireplace, two bedrooms, a 3-piece bath, and an updated eat-in kitchen with newer cabinetry and stainless steel appliances. A rear mudroom adds functional entry and storage. Main floor tenant is moving out June 1st.
The upper unit includes two bedrooms, a full 4-piece bath, kitchen, and access to a private deck. The finished third floor expands the upper unit with an additional bedroom and large living area. Upper unit is already vacant for you.
Shared laundry is located in the lower level with potential for coin operation. Rear parking for two vehicles in the garage and one more in the driveway.
Key updates include separate hydro meters plus a common meter, updated electrical (ESA Feb 2025), steel roof (2022) with transferable warranty, owned water heaters and water softener, and natural gas furnace. Two fridges and two stoves with transferable warranty.
Two self-contained units with finished third-floor space expanding the upper unit offer strong rental potential. Financial summary available in supplements.
Location
Province ON
County Elgin
Area St. Thomas
Zoning R4
Direction Take Talbot Street to East Street ... home is on your right before hitting Elysian Street
Rooms
Basement Walk-Up Access, Full, Unfinished
Kitchen 0
Interior
Interior Features Separate Hydro Meters, Upgraded Insulation
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Window Features Window Coverings
Appliance Water Softener, Dryer, Refrigerator, Stove, Washer
Laundry Common Area
Exterior
Exterior Feature Private Entrance, Separate Hydro Meters
Parking Features Detached Garage, Concrete, Gravel
Garage Spaces 2.0
Roof Type Fiberglass,Metal
Porch Deck, Porch
Lot Frontage 30.0
Lot Depth 107.0
Garage Yes
Building
Lot Description Rectangular, City Lot, Hospital, Library, Park, Place of Worship, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby
Faces Take Talbot Street to East Street ... home is on your right before hitting Elysian Street
Story 2
Foundation Block, Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools June Rose Callwood Ps Jk-8
High Schools Arthur Voaden Ss 9-12
Others
Senior Community false
Tax ID 351710084
Ownership Freehold/None
Virtual Tour https://unbranded.youriguide.com/55_east_st_st_thomas_on/
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION