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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,695,000

Est. payment | -/mo

14 Beds

12 Baths

5,000 SqFt

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$ 1,695,000

Est. payment | -/mo

Save Virtual Tour

14 Beds

12 Baths

5,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 - 100000

Square Footage 5,000 sqft

Price per Sqft $339

Subdivision St. Thomas

MLS® Listing ID X12916728

Bedrooms 14

Half Baths 4

Property Description

Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build features 5500+ Sq ft of luxury finishes throughout. Always Fully Rented - Current income $112,800/year ($2300,$2400,$2500,$2200). Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered for all services with tenants paying all utilities. All paved wtih 5 parking spaces . Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow in a high-demand rental market, multi-generational living, or ideal live in with income! Note: very low property taxes and general out door maintenance. High quality construction. An excellent building to add to your portfolio! 6.1% CAP Rate! (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

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Virtual Tour https://richardjohnsonphotography.passgallery.com/-109rossststthomas/gallery

Listed by CENTURY 21 FIRST CANADIAN CORP

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109 ROSS STREET St. Thomas, ON N5R3X8