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Tony & Ledi Real Estate Team

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

$ 599,900

Est. payment | -/mo

5 Beds

2 Baths

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$ 599,900

Est. payment | -/mo

Save Virtual Tour

5 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision St. Thomas

MLS Listing ID X13067244

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $2,273

Tax Year 2025

Property Sub-Type Duplex

Property Description

Vacant Possession Duplex in St. Thomas - Set Your Rents from Day OneA 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 Elgin

Zoning R4

Rooms

Family Room Yes

Basement Walk-Up, Unfinished

Kitchen 2

Interior

Interior Features Separate Hydro Meter, Water Softener, Water Heater Owned

Cooling None

Inclusions Carbon Monoxide detectors, Smoke detector, window coverings, 2 fridges with transferable warranty, 2 stoves with transferrable warranty , 2 range hoods, 2 electric hot water tanks, (1 washer and 1 dryer in as-is condition), spare flooring + paint for touch ups etc.,

Exterior

Exterior Feature Deck, Porch

Parking Features Other

Garage Spaces 2.0

Pool None

Roof Type Metal,Fibreglass Shingle

Lot Frontage 30.0

Lot Depth 107.0

Total Parking Spaces 3

Building

Building Age 100+

Foundation Block, Poured Concrete

Others

Senior Community Yes

ParcelsYN No

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Listed by Coldwell Banker Peter Benninger Realty

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+1(647) 493-3579

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55 East ST St. Thomas, ON N5P 2R3