33 Station ST new

St. Thomas,ON N5P 2X1

$ 999999

- Bed

6 Baths

4326 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,326 sqft

Price per Sqft $231

MLS Listing ID X11913327

Annual Tax Amount $4,659

Tax Year 2024

Property Description

Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. The building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hot spot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the income potential. Interested parties are encouraged to inquire about competitive financing options available. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Dont miss out on this fantastic opportunity.

Location

Province ON

County Elgin

Community Nw

Area Elgin

Interior

Cooling No

Exterior

Garage Spaces 6.0

Community Features Public Transit

Utilities Available Yes

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