109 Ross Street, St. Thomas, Ontario N5R3X8

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP.

$1,695,000
14
BD
12
BA

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List Price
$1,695,000
MLS®
X12916728
Days on Market
125
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
14
Bathrooms
12
Lot Size Dimensions
59.4 x 99.8 FT
Subdivision
St. Thomas

Property Description

Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build features 5500+ Sq ft of luxury finishes throughout. Always Fully Rented - Current income $112,800/year ($2300,$2400,$2500,$2200). Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered for all services with tenants paying all utilities. All paved wtih 5 parking spaces . Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow in a high-demand rental market, multi-generational living, or ideal live in with income! Note: very low property taxes and general out door maintenance. High quality construction. An excellent building to add to your portfolio! 6.1% CAP Rate! (id:5764)

Additional Information

Subdivision
St. Thomas
Parking Spaces
5
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Irregular lot size, Flat site, Lighting, Sump Pump
Stories
3

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Calculator source: Real Geeks