UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 13,050 sqft
Price per Sqft $291
MLS Listing ID 40836039
Bedrooms 33
Abv Grd Liv Area 13,050
Year Built 1966
Annual Tax Amount $26,588
Lot Size 0.894 Acres
Acres 0.894
Property Sub-Type Apartment
Source Cornerstone
Property Description
The building has benefited from ongoing maintenance and capital improvements, helping to minimize near-term expenditures. Spacious suites, updated interiors, ample natural light, and on-site parking contribute to the property's appeal among renters. Situated in a market experiencing significant economic growth and investment, this asset presents an attractive opportunity for both private and institutional investors seeking long-term appreciation and dependable cash flow.
Whether expanding an existing portfolio or acquiring a turnkey multi-family property, this offering combines current income, future upside potential, and a strategic location in one of Southwestern Ontario's fastest-growing rental markets.
Location
Province ON
County Elgin
Area St. Thomas
Zoning R5-1
Direction From Hwy 401 interchange at Hwy 4 (Sunset Drive) south to Elm Street, turn left on Elm Street then turn right onto Holland Street
Rooms
Other Rooms Shed(s)
Basement None
Kitchen 0
Interior
Interior Features Separate Heating Controls
Heating Baseboard, Natural Gas, Radiant
Cooling Wall Unit(s)
Fireplace No
Appliance Microwave, Dishwasher, Refrigerator, Stove
Laundry Coin Operated
Exterior
Parking Features Asphalt
Roof Type Flat
Lot Frontage 97.38
Garage No
Building
Lot Description Irregular Lot, Park, Schools, Shopping Nearby
Faces From Hwy 401 interchange at Hwy 4 (Sunset Drive) south to Elm Street, turn left on Elm Street then turn right onto Holland Street
Story 3
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 3
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 352370008
Ownership Freehold/None
NEARBY SCHOOL & BUSINESS
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