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$519,900
Status: For Sale
INVESTMENT OPPORTUNITY! Legal 1 1/2 - storey duplex offering 2 self-contained units, ideally located in northwest St. Thomas, just 2 blocks from downtown! The freshly updated main-floor unit features 2 bedrooms, living and dining rooms, 4-piece bath and laundry. Lower level offers an additional legal bedroom, living area and ample storage. The upper unit has been extensively renovated with updated flooring, windows and fresh paint. Ideal for investors or first-time buyers wishing to live in one unit while generating rental income from the other! Potential gross annual income of $36,000, estimated expenses of $5,000 and projected net operating income of $31,000 before debt servicing. Approximate 5.96% cap rate at the $519,900 asking price. Mutual driveway with ONE parking space. Just a 5-minute drive to June Rose Callwood Public School. An excellent opportunity to build equity! Easy to show!
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X14085164 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :27 Oct, 2026 (8 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Elgin |
|---|---|
| Postal Code | :
N5P 1S3
|
| Price | : $519,900 |
|---|---|
| Property Taxes | :$2290.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :3 + |
|---|---|
| No. of Rooms | :8 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :Yes |
| Cross Street | :Antrim & St. Catharine |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1500-2000 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Bedroom | :4.62 m x 3.56 m |
|---|---|
| Primary Bedroom | :2.76 m x 4.1 m |
| Bathroom | :1.51 m x 2.34 m |
| Living Room | :2.81 m x 4.06 m |
| Kitchen | :5.21 m x 3.94 m |
| Bedroom | :2.77 m x 3.41 m |
| Bathroom | :2.08 m x 1.32 m |
|---|---|
| Kitchen | :3.49 m x 4.23 m |
| Recreation | :5.43 m x 6.04 m |
| Primary Bedroom | :4.1 m x 3.93 m |
| Other | :2.31 m x 4.87 m |
| Family Room | :2.55 m x 4.78 m |
| Exterior Finish | :Aluminum Siding, Brick |
|---|---|
| Parking Space | :1 |
| Basement | :Full |
| Laundry Level | :Lower Level |
|---|---|
| Park | :Park |
16 Oct, 2026
TREB #X14085164
Listed
$519900.0
