$795,000
FOR SALE

Investment

Lot: 20.83 x 126.13 ftTotal Area: 3,826 ft2
2024 Taxes: $5,607.41

361 Talbot St
St. Thomas, ON N5P 1B7 | SW | Elgin

EXCELLENT DOWNTOWN ST THOMAS MEDICAL OFFICE LEASED TO THE SAME TENANT FOR OVER TEN YEARS, WITH A NEW 2 YEAR EXTENSION ON THE EXISTING LEASE EFFECTIVE DECEMBER1ST,2024 THIS IN AN EXCELLENT INVESTMENT PROPERTY. IT HAS BEEN COMPLETELY RENOVATED INTO OFFICES ON BOTH LEVELS FOR THE CURRENT TENANT. THERE IS ALSO A NEWER ROOF. TENANT IS RESPONSIBLE FOR ALL EXPENSES INCLUSIVE OF REALTY TAXES AND INSURANCE. NET INCOME TO THE LANDLORD OF $49,800.00 PER YEAR. LANDLORD RESPONSIBLE FOR ROOF, REPLACEMENT OF HVAC IF REQUIRED AND STRUCTURE.
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Listed By ROYAL LEPAGE TRILAND REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9305785
Last Updated Sep 10, 2024
Property Summary
Property Type Investment

More like this:
Use Professional Office
Category Office
PIN 351730036
Legal Description PART LOT 13 N/S TALBOT STREET PLAN 15 ST THOMAS PA
Occupancy Tenant
Possession Date JAN 1/25
Taxes (2024) $5,607.41
Tax Type Annual
Directions/Cross Streets TALBOT EAST
Neighbourhood SW
Area Elgin
Price History

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Detailed Information
Freestanding Y
Lot 20.83 x 126.13 ft
Lot Irregularities 20.83 X 34.60 X0.41 X94.73 X20.83 X126.1
Total Area 3,826 ft2
Approximate Age 51-99
Elevator None
Air Conditioning Y
Basement Y
Chattels N
Garage Type None
Heat Type Gas Forced Air Closd
Financial Statement N
Outside Storage N
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
UFFI No
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning C-1 DOWNTOWN COMMERCIAL
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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