221 HIGHVIEW DRIVE
St. Thomas, Ontario
MLS® X12544280
$1,700,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12544280
- Bedrooms
- 12
- Bathrooms
- 6
- Year built
- —
1 / 51Listing description
A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand.
Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity.
Property summary
- MLS® number
- X12544280
- Property type
- Multi-family
- Building type
- Other
- Land size
- 87.5 x 115.8 FT
- Annual property taxes
- $8,934.54
- Parking
- 7 spaces · No Garage
- Days on market
- 285 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Partial
- Appliances
- Refrigerator, Stove
- Exterior features
- Brick
- Lot features
- Irregular lot size
- View
- City view
What would this home cost you?
Based on the $1,700,000 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 ROYAL LEPAGE TRILAND REALTY, ST. THOMAS.
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.