ON > St. Thomas > St. Thomas
St. Thomas, ON N5R 2C2,45 LOCUST ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 279,900
Est. payment /mo
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Price Dropped by $20K

45 LOCUST ST St. Thomas, ON N5R 2C2

5 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home, Condo

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision St. Thomas

MLS Listing ID X12192203

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,596

Tax Year 2024

Property Sub-Type Detached

Lot Depth 120.0

Lot Front 34.67

Appx SqFt < 700

Property Description

Welcome to this two-storey home in the heart of St. Thomas an excellent investment opportunity for those looking to expand their real estate portfolio or secure a promising fixer-upper at an attractive price and 6.5% cap rate. Currently tenanted, the property offers immediate rental income, making it a smart choice for investors. Zoned R3, there is also potential for future development or expansion, adding long-term value to this versatile asset. The home features 5 bedrooms and 2 bathrooms, offering ample space and functionality. Located in a desirable area with established rental income and room for future growth, this property is a strong addition to any investment strategy. Whether you're looking for immediate returns or long-term upside, this St. Thomas opportunity is worth your consideration.

Location

Province ON

County Elgin

Community St. Thomas

Area Elgin

Rooms

Family Room Yes

Basement Crawl Space

Kitchen 1

Interior

Interior Features None

Cooling None

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Porch Enclosed

Parking Features Mutual

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 34.67

Lot Depth 120.0

Total Parking Spaces 2

Building

Foundation Concrete, Block

Listed by RE/MAX CENTRE CITY REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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45 LOCUST ST

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