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Last Updated : 1089 Days ago
337&339 Talbot St, St. Thomas, Ontario,

337&339 Talbot St, St. Thomas MLS Number: X7017618

St. Thomas, Elgin, ON, N5P 1B5

$2,000,000

Status: OFF MARKET

  • Property Type: Commercial (Store W/Apt/Office)
  • Property Taxes : $9854.51 (Tax Year:2022)
  • Listing Courtesy : Re/max Twin City Realty Inc.

337&339 Talbot St Property Description

Unbeatable Investment Opportunity! Welcome to 337 and 339 Talbot Street, St. Thomas - a prime commercial building featuring 14 units (3 commercial and 11 residential) with a remarkable 8.9% Capitalization Rate (Cap Rate). The icing on the cake? A Vendor Take-Back (VTB) option where the seller will hold 10% back at a fixed interest rate of just 3% interest only payments for one year. This means you can maximize your returns while securing flexible financing terms. With 337 Talbot offering 6 residential and 2 commercial units, and 339 Talbot providing 5 residential and 1 commercial unit. Central location, 12 minutes from VW Gigafactory. Clean environmental. This is an opportunity you can't afford to miss. Act fast to explore the full potential of 337 and 339 Talbot Street - your gateway to impressive rental income right in the heart of St. Thomas!

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337&339 Talbot St Property Facts

Property Type :Commercial
MLS Number :X7017618
Listing Type :Sale
Possession Date :
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Last Updated :27 Sep, 2023 (1089 Days ago)
Source :TRREB
Area :Elgin
Postal Code : N5P 1B5
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337&339 Talbot St Property Price & Tax Insights

Price : $2,000,000
Property Taxes :$9854.51
Tax Year :2022

337&339 Talbot St, St. Thomas Property Details

Cross Street :Talbot St And East St.

337&339 Talbot St, St. Thomas - Price History

2022-07

29 Jul, 2022

TREB #X5714536

Available

$2000000.0

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337&339 Talbot St - Location Map and Landmarks

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