New Listing
2.5 Antrim Street,St. Thomas, ON N5P 1S3
St. Thomas, ON N5P 1S3
Description
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!
Details
| MLS # | X14085164 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 4 |
| Listing Provided By | ROYAL LEPAGE TRILAND REALTY | X14085164 355002 |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.06 |
| Property View | Clear, Downtown, Park, Greenbelt |
Interior
| Interior Features | Floor Drain, Separate Hydro Meter, Storage Area Lockers, Upgraded Insulation, Water Heater, Water Meter, Workbench |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Patio, Paved Yard, Porch, Year Round Living |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Concrete Block, Stone |
| Topography | Dry, Flat |
| View | Clear, Downtown, Park/Greenbelt |
| Construction Materials | Aluminum Siding, Brick |
| Security Features | Carbon Monoxide Detectors, Smoke Detector |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Mutual |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 2290 |
|---|---|
| Tax Assessed Value | 133000 |
| Tax Legal Description | LOT 5, PART OF LOT 6 PLAN 186 AS IN E106470; S/T & T/W E106470; ST. THOMAS |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Elgin |
| City | St. Thomas |
| Postal Code | N5P 1S3 |
| Area | St. Thomas |
| Listing VS Median (in N5P 1S3) | |
Price: $519,900 low | high Med: $0 On site: 4 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Elgin |
| City | St. Thomas |
| Postal Code | N5P 1S3 |
| Area | St. Thomas |
| Listing VS Median (in N5P 1S3) | |
Price: $519,900 low | high Med: $0 On site: 4 low | high Med: | |
