109 ROSS STREET, St. Thomas, Ontario, N5R 3X8

$1,695,000

MLS® # X12916728

Investment For Sale In St. Thomas, Ontario

$1,695,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 12+2
  • Bathrooms: 12
  • Half Bathrooms: 4
  • Amenities Nearby: Hospital, Schools
  • Features: Irregular lot size, Flat site, Lighting, Sump Pump
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 99.8 Feet
  • Lot Frontage: 59.3 Feet
  • Lot Size: 59.4 x 99.8 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Rooms:

  • Living 2nd Level 5.34 m x 4.38 m
  • Kitchen 2nd Level 2.56 m x 3.94 m
  • Dining 2nd Level 2.79 m x 3.94 m
  • Bathroom 2nd Level 1.53 m x 1.70 m
  • Den 2nd Level 3.04 m x 3.11 m
  • Bedroom 3rd Level 4.26 m x 5.69 m
  • Bathroom 3rd Level 2.96 m x 2.86 m
  • Laundry 3rd Level 1.83 m x 1.59 m
  • 2nd Bedroom 3rd Level 3.05 m x 3.34 m
  • 3rd Bedroom 3rd Level 3.72 m x 4.39 m
  • Bathroom 3rd Level 1.52 m x 2.95 m
  • Bathroom Lower Level 1.68 m x 3.22 m
  • Bedroom Lower Level 3.18 m x 4.06 m
  • 2nd Bedroom Lower Level 3.09 m x 3.16 m
  • Bathroom Lower Level 2.00 m x 2.48 m
  • 3rd Bedroom Lower Level 3.56 m x 5.13 m
  • Kitchen Main Level 2.51 m x 3.67 m
  • Dining Main Level 2.83 m x 3.66 m
  • Living Main Level 5.34 m x 4.40 m
  • Pantry Main Level 1.78 m x 1.30 m
  • Laundry Main Level 1.78 m x 1.84 m
  • Bathroom Main Level 1.78 m x 1.54 m

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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