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$ 1,079,900
Est. payment /mo
Price Dropped by $20K
119 Erie ST St. Thomas, ON N5R 2N1
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision St. Thomas
MLS Listing ID X12259065
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,783
Tax Year 2025
Property Sub-Type Fourplex
Lot Depth 123.0
Lot Front 54.0
Appx SqFt 2500-3000
Property Description
Beautifully Updated 4-Plex in a Prime Family-Friendly Neighborhood. Welcome to this exceptional 4-plex, offering a rare blend of timeless character and modern upgrades in a desirable, family-oriented location. Each of the four spacious 2-bedroom units has been thoughtfully renovated, making this a turnkey investment opportunity or an ideal multi-family living space. Inside, you'll find beautifully refinished hardwood floors that bring warmth and charm to every unit. The kitchens are a standout feature finished with granite or quartz countertops for a sleek, durable workspace. Pride of ownership shines throughout, with each unit meticulously maintained to ensure tenant comfort and satisfaction. Tenants can enjoy a shared, fully fenced yard complete with a lovely gazebo perfect for outdoor relaxation or summer gatherings. The property is as functional as it is attractive, boasting a long-lasting metal roof and a newer water furnace for added efficiency and peace of mind. With four dedicated parking spaces and a double garage, there's ample room for tenant vehicles and storage. This property isn't just a place to live its a community where tenants can feel at home. Additional Highlights: Gross rental income: $62,508/year. Shared laundry income: $100-130/month. Utility costs (shared): Hydro for basement & water ranges from $200-240/month, gas between $100-150/month (not on budget). Whether you're looking to expand your investment portfolio or secure a multi-family property with excellent income potential, this well-maintained 4-plex is a must-see. Book your private showing today and discover what sets this property apart.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Rooms
Family Room No
Basement Full
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Separate Hydro Meter, Water Heater
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Landscaped, Porch, Deck
Parking Features Private Double
Garage Spaces 2.0
Pool None
Roof Type Metal
Lot Frontage 54.0
Lot Depth 123.0
Total Parking Spaces 6
Building
Foundation Poured Concrete, Concrete Block
Listed by ELGIN REALTY LIMITED
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