109 ROSS STREET
St. Thomas, Ontario
MLS® X12916728
$1,695,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12916728
- Bedrooms
- 14
- Bathrooms
- 12
- Year built
- —
1 / 51Listing 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+ 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!
Property summary
- MLS® number
- X12916728
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 59.4 x 99.8 FT
- Annual property taxes
- $5,000.00
- Parking
- 5 spaces · No Garage
- Days on market
- 155 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full
- Appliances
- Water Heater - Tankless, Water Heater
- Exterior features
- Vinyl siding
- Lot features
- Irregular lot size, Flat site, Lighting, Sump Pump
What would this home cost you?
Based on the $1,695,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP, LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.