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$ 1,695,000
Est. payment | /mo
14 Beds
12 Baths
$ 1,695,000
Est. payment | /mo
14 Beds
12 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision St. Thomas
MLS Listing ID X12916728
Style 3-Storey
Bedrooms 14
Annual Tax Amount $5,000
Tax Year 2026
Property Sub-Type Fourplex
Property Description
Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build. Features 5500+ SF of luxury finishes throughout. Current annual income of approx $114,000 with a CAP rate of 6%+. Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered with 5 rear parking spaces and 2 sewer/water connections. Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow potential in a high-demand rental market or ideal for multi-generational living, or ideal live in with income! Note: very low property taxes and general maintenance.
Location
Province ON
County Elgin
Area Elgin
Rooms
Basement Full, Finished
Kitchen 4
Interior
Interior Features Sump Pump, Water Heater Owned, Separate Hydro Meter, On Demand Water Heater, In-Law Capability
Cooling Central Air
Exterior
Exterior Feature Lighting, Year Round Living
Parking Features None
Pool None
Roof Type Shingles
Total Parking Spaces 5
Building
Building Age 0-5
Foundation Poured Concrete
Others
Virtual Tour https://unbranded.youriguide.com/1_4_109_ross_st_st_thomas_on/
Lited by CENTURY 21 FIRST CANADIAN CORP
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