$1,695,000
FOR SALE

Fourplex 3-Storey

Bedrooms: 14Bathrooms: 12Lot: 59.42 x 99.77 ft
2026 Taxes: $5,000

109 Ross St
St. Thomas, ON N5R 3X8 | Elgin

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+ Sq ft of luxury finishes throughout. Always Fully Rented - Current income $112,800/year ($2300,$2400,$2500,$2200). 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 for all services with tenants paying all utilities. All paved wtih 5 parking spaces . Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow in a high-demand rental market, multi-generational living, or ideal live in with income! Note: very low property taxes and general out door maintenance. High quality construction. An excellent building to add to your portfolio! 6.1% CAP Rate!
Extras
Sump Pump, Water Heater Owned, Separate Hydro Meter, On Demand Water Heater, In-Law Capability
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Listed By CENTURY 21 FIRST CANADIAN CORP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12916728
Last Updated May 25, 2026
Property Summary
Property Type Fourplex

More like this:
Legal Description LT 5 PL 76 ST.THOMAS; ST.THOMAS
Taxes (2026) $5,000
Directions/Cross Streets Ross & Wellington
Neighbourhood St. Thomas
Area Elgin
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 14
Bathrooms 12
Lot 59.42 x 99.77 ft
Exterior Vinyl Siding
Air Conditioning Central Air
Family Room Y
Basement Full, Finished
Garage Type None
Parking Spaces 5
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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