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$ 800,000
Est. payment | /mo
6 Baths
$ 800,000
Est. payment | /mo
6 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision St. Thomas
MLS Listing ID X13484876
Annual Tax Amount $4,822
Tax Year 2025
Property Sub-Type Investment
Property Description
Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. The building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hot spot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the income potential. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Don't miss out on this fantastic opportunity.
Location
State ON
County Elgin
Area Elgin
Interior
Cooling No
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 64.41
Lot Depth 120.0
Building
Building Age 100+
Others
ParcelsYN No
Virtual Tour https://tours.snaphouss.com/33stationstreetstthomason#gallery_1721837300207
Listed by KELLER WILLIAMS LIFESTYLES
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