$514,000
FOR SALE

Triplex

Bedrooms: 3Bathrooms: 3Lot: 20.25 x 106.25 ft

38 Hincks Street
St. Thomas, ON N5R 3N6

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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Listed By PRIME REAL ESTATE Brokerage
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X12921170
Last Updated Mar 25, 2026
Property Summary
Property Type Triplex

More like this:
Community St. Thomas
Price History

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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
OfficeSecond level2.74 m x 2.54 m
Living roomSecond level3.61 m x 2.51 m
Bedroom 2Second level3.91 m x 2.51 m
KitchenSecond level2.49 m x 2.97 m
BathroomSecond level3.25 m x 2.08 m
Bedroom 3Third level3.07 m x 3.25 m
KitchenThird level3.28 m x 2.95 m
BathroomThird level1.32 m x 2.16 m
Living roomThird level4.22 m x 5.23 m
Living roomMain level6.63 m x 3.25 m
BedroomMain level3.58 m x 2.62 m
BathroomMain level1.27 m x 1.78 m
KitchenMain level3.61 m x 2.44 m
Parking Spaces
Name Spaces
No Garage
Street
Utilities
Type Description
CableInstalled
ElectricityInstalled
SewerInstalled
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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