Calling all investors!! This all-brick turnkey TRIPLEX is cash flowing very nicely at current interest rates. All three units feature 1 bedroom and 1 bathroom and comes fully tenanted with A+ tenants. Investors will love the separately metered hydro, water and gas for all units(gas meters for Units 1 & 2, Unit 3 has electric heat and no gas). Units 2 and 3 have had plenty of updates/upgrades in the past 5 years such as floors, kitchens, appliances and lighting fixtures. Unit 1 received a new kitchen, including new fridge, dishwasher and microwave range hood, laminate flooring in kitchen and bathroom, as well as tub surround and bathroom sink just 3 years ago. Unit one also has direct access to a fenced in backyard. Each unit has their own hot water tank and a separate furnace for Units 1 & 2. A shared laundry facility is located in the shared basement area that stays perfectly dry due to moisture barriers installed. Current rents are $820, $1375 and $1275 per month ($41,640 Annually) and tenants cover all utilities other than the common area/basement (landlord pays roughly $30-$50/mo). There is an outdoor fire escape ladder for Units 2 & 3. The time to purchase this amazing TURNKEY investment property is NOW, as St Thomas is poised for growth for years to come with the massive VW Battery Plant currently under construction. (id:47421)
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Detailed Information
Bedrooms
3
Bathrooms
3
Lot
20.25 x 106.25 ft
Amenities Nearby
Hospital, Park, Place of Worship, Schools
Equipment
Water Heater
Listing Contract Date
2026-03-25
Location Description
Cross Streets: Elgin & Wellington. ** Directions: From Talbot St, turn South on Hincks. Parking on the street.
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Porch
Transaction Type
For sale
Zoning Description
R4
Building
Age
100+ years
Amenities
Separate Electricity Meters
Appliances
Dishwasher, Dryer, Microwave, Two stoves, Washer, Refrigerator
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Cooling Type
None
Exterior Finish
Brick
Fire Protection
Smoke Detectors
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
Triplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Office
Second level
2.74 m x 2.54 m
Living room
Second level
3.61 m x 2.51 m
Bedroom 2
Second level
3.91 m x 2.51 m
Kitchen
Second level
2.49 m x 2.97 m
Bathroom
Second level
3.25 m x 2.08 m
Bedroom 3
Third level
3.07 m x 3.25 m
Kitchen
Third level
3.28 m x 2.95 m
Bathroom
Third level
1.32 m x 2.16 m
Living room
Third level
4.22 m x 5.23 m
Living room
Main level
6.63 m x 3.25 m
Bedroom
Main level
3.58 m x 2.62 m
Bathroom
Main level
1.27 m x 1.78 m
Kitchen
Main level
3.61 m x 2.44 m
Parking Spaces
Name
Spaces
No Garage
Street
Utilities
Type
Description
Cable
Installed
Electricity
Installed
Sewer
Installed
Land
Total Size
20.3 x 106.3 FT | under 1/2 acre
Amenities
Hospital, Park, Place of Worship, Schools
Fence Type
Fenced yard
Sewer
Sanitary sewer
Size of Irregular Land
20.3 x 106.3 FT
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