449 Talbot ST Active

St. Thomas,ON N5P 1C1

$ 2499000

17 Beds

1 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Subdivision St. Thomas

MLS Listing ID X11960774

Style Other

Bedrooms 17

Annual Tax Amount $20,003

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Located in the heart of Downtown St. Thomas, 449-453 Talbot Street is a fully tenanted, mixed-use commercial building offering a fantastic investment opportunity. Zoned C2, this property features an 8,000 sq. ft. commercial space on the ground floor at 449 Talbot Street, while 453 Talbot Street includes seven residential units, each with separate hydro meters, hot water tanks, furnaces, and central air conditioning. With a gross annual rental income of $184,530 and room for future growth, this turn-key property offers excellent visibility, accessibility, and modern upgrades in a thriving and rapidly expanding community.

Location

Province ON

County Elgin

Community St. Thomas

Area Elgin

Rooms

Family Room No

Kitchen 7

Interior

Cooling Central Air

Exterior

Parking Features None

Pool None

Roof Type Flat

Building

Foundation Brick,Poured Concrete

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