109 Ross Street St. Thomas, ON N5R 3X8
Listing Courtesy of: CREA - C21 Brokers / Century 21 First Canadian Corp. Brokerage / Haley Geddes

  109 Ross Street St. Thomas, ON N5R 3X8

Active (1 Days)
$1,699,900
14
BED
12
BATH

Description

Brand new purpose-built 4-plex in the growing city of St. Thomas, just minutes to London, the 401, and a short drive to Port Stanley beaches. With major employers like the new VW EV battery plant and Amazon fulfillment center, St. Thomas is experiencing rapid growth making this is a smart investment or ideal multi-generational living option. Each side-by-side unit offers a mirrored main-floor unit with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to the rear parking. Upper units feature 3 bedrooms plus a den, 2.5 baths, and scenic top-floor views. All four units boast high ceilings, quartz countertops, upgraded lighting, separate laundry, and brand new, never-used appliances. Separately metered and completely vacant, the building offers 5 rear parking spaces and 2 sewer and water connections. With market rental rates estimated at $2,600/month per upper & $2300 /month per lower, this property projects a strong 6.9% cap rate an ideal opportunity for investors looking to secure cash flow in a high-demand rental market. (id:42016)

MLS®:
X12080400
Type
Multifamily
County
Elgin County

Listed By

Haley Geddes, Century 21 First Canadian Corp. Brokerage
Source
CREA - C21 Brokers
Last checked Apr 15 2025 at 10:06 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 11
  • Partial Bathroom: 1
Interior Features
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
  • Water Heater - Tankless
  • Water Heater
Lot Information
  • Irregular Lot Size
  • Flat Site
  • Lighting
  • Sump Pump
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air Conditioning
Basement Information
  • Finished
  • Full
Exterior Features
  • Vinyl Siding
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • No Garage
  • Total: 5
Stories
  • 3
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 4/15/25 15:06