St. Thomas, ON N5R3X8,109 ROSS STREET
St. Thomas, ON N5R3X8,109 ROSS STREET
St. Thomas, ON N5R3X8,109 ROSS STREET
St. Thomas, ON N5R3X8,109 ROSS STREET
St. Thomas, ON N5R3X8,109 ROSS STREET
St. Thomas, ON N5R3X8,109 ROSS STREET
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$ 1,699,900
Est. payment | /mo

14 Beds

12 Baths

5,000 SqFt


$ 1,699,900
Est. payment | /mo

14 Beds

12 Baths

5,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $339

Subdivision St. Thomas

MLS® Listing ID X12080400

Bedrooms 14

Half Baths 1

Source London and St. Thomas Association of REALTORS®

Property Description

Brand new purpose-built 4-plex in the growing city of St. Thomas, just minutes to London, the 401, and a short drive to Port Stanley beaches. With major employers like the new VW EV battery plant and Amazon fulfillment center, St. Thomas is experiencing rapid growth making this is a smart investment or ideal multi-generational living option. Each side-by-side unit offers a mirrored main-floor unit with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to the rear parking. Upper units feature 3 bedrooms plus a den, 2.5 baths, and scenic top-floor views. All four units boast high ceilings, quartz countertops, upgraded lighting, separate laundry, and brand new, never-used appliances. Separately metered and completely vacant, the building offers 5 rear parking spaces and 2 sewer and water connections. With market rental rates estimated at $2,600/month per upper & $2300 /month per lower, this property projects a strong 6.9% cap rate an ideal opportunity for investors looking to secure cash flow in a high-demand rental market. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 5.34 m X 4.38 m Living room

Extra Room 2 Second level 2.56 m X 3.94 m Kitchen

Extra Room 3 Second level 2.79 m X 3.94 m Dining room

Extra Room 4 Second level 1.53 m X 1.7 m Bathroom

Extra Room 5 Second level 3.04 m X 3.11 m Den

Extra Room 6 Third level 4.26 m X 5.69 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Virtual Tour https://www.youtube.com/shorts/6sotOS8mkiU

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Listed by CENTURY 21 FIRST CANADIAN CORP
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7404 King George Blvd, Surrey, British Columbia, V3W 1N6, CAN

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109 ROSS STREET