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Renanza Realty
For sale

67-69 ELIZABETH STREET

St. Thomas, Ontario

MLS® X13121330

$464,900

Status
Active
Property type
Multi-family
MLS® number
X13121330
Bedrooms
6
Bathrooms
3
Year built

Listing description

Two semi-detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas!

Fully tenanted and with a cap rate of just above 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1. 5 baths and an attic space which could be used as an additional loft when finished.

69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant!

With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,200 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.)

32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed

Property summary

MLS® number
X13121330
Property type
Multi-family
Building type
Duplex
Land size
67.3 x 67.2 FT
Annual property taxes
$2,704.00
Parking
3 spaces · No Garage
Days on market
111 days

Features & details

Heating
Forced air, Natural gas
Cooling
Window air conditioner
Basement
Unfinished, Separate entrance, N/A, N/A
Exterior features
Vinyl siding
Lot features
Sump Pump

What would this home cost you?

Based on the $464,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,163 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ELGIN REALTY LIMITED, 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.