Property Information:

Exceptional multi-residential investment opportunity in the growing community of St. Thomas. This renovated apartment building features multiple residential units with strong rental demand and a desirable location close to downtown amenities, shopping, parks, schools, and public transit. The property offers investors a stable income-producing asset with a diversified tenant base and potential for future revenue growth through rental increases and operational efficiencies. The building has benefited from ongoing maintenance and capital improvements, helping to minimize near-term expenditures. Spacious suites, updated interiors, ample natural light, and on-site parking contribute to the property's appeal among renters. Situated in a market experiencing significant economic growth and investment, this asset presents an attractive opportunity for both private and institutional investors seeking long-term appreciation and dependable cash flow. Whether expanding an existing portfolio or acquiring a turnkey multi-family property, this offering combines current income, future upside potential, and a strategic location in one of Southwestern Ontario's fastest-growing rental markets. (id:27)

Building Features:

Style: Multiplex
Air Conditioning: Yes
Basement Type: None
Exterior Finish: Vinyl siding
Floor Space: 13050 sqft
Foundation Type: Poured Concrete
Heating Type: Baseboard heaters, Radiant heat
Heating Fuel: Natural gas
Cooling Type: Wall unit
Appliances: Microwave

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 33
Bathrooms: 18
Amenities Nearby: Park, Schools, Shopping
Built in: 1966
Features: Paved driveway, Laundry- Coin operated
Floor Space (approx): 13050 Square Feet
Irregular: Yes
Lot Frontage: 97 Feet
Lot Size: 0.89 Acres
Structure Type: Shed
Zoning: R5-1
Sewer: Municipal sewage system
Parking Type: Open
No. of Parking Spaces: 18

Courtesy of: COLDWELL BANKER PETER BENNINGER REALTY

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Demographic Information of 14 HOLLAND Street, St. Thomas, Ontario, N5R 4S2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,410.95

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.77 %

High school certificate or equivalent

36.58 %

Apprenticeship trade certificate/diploma

9.15 %

College/non-university certificate

27.58 %

University certificate (below bachelor)

0.97 %

University Degree

7.96 %

Commuter

Travel To Work

By Car

97.0 %

By Public Transit

0.0 %

By Walking

0.46 %

By Bicycle

0.0 %

By Other Methods

2.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.88 %

Houses

77.12 %

14 HOLLAND Street, St. Thomas, Ontario, N5R 4S2