
$949,900
St. Thomas · St. Thomas
$1,295,000
Added Sep 3, 2026
Property type
Commercial Retail
Lot
22.75 × 122 Feet
Taxes
$6,631 /yr
MLS®
X13744814
Listed by
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ROYAL LEPAGE TRILAND REALTY
Source
TRREB
Days on market
65
Added
Sep 3, 2026
Excellent Investment Opportunity near the Prestigious Courthouse area of Downtown St. Thomas. Recently Updated Mixed use Commercial Building with 7 Residential Units ( 6 One Bedroom Units + 1 Bachelor )and One Commercial Unit. Gross Yearly Income of $116,280.00. Current NET Income shows an approximate 7.4% return on asking price. Each Unit has its own Hydro meter and all Tenants pay their own Heat & Hydro. Building has Secure Entry, Fire Alarm System and Panel, Security Cameras and Emergency Exits. Recent Updates Include Renovations and Upgrades to Units 1,2,3,4,5 and 7. Exterior Front/Side/Rear Wall Elevations Renovated along with Exterior Windows ( 3 Years ago ), Interior Hallways Renovated with all Vinyl Flooring and LED Sensor Lighting ( 2 Years ago ). Owned Hot Water Heaters ( 2 Years ago ). Easy Access to London and Highway 401 as well as Port Stanley's Beaches. Walking distance to Convenient Shopping including Grocery Stores, Service Centres, Boutiques and more.
275 Talbot Street, St. Thomas, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$5,753/mo
Principal + interest
$5,753
Total interest
$689,764
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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