New Listing
2.5 Antrim Street,St. Thomas, ON N5P1S3
St. Thomas, ON N5P1S3
Description
INVESTMENT OPPORTUNITY! Legal 1 1/2 - storey duplex offering 2 self-contained units, ideally located in northwest St. Thomas, just 2 blocks from downtown! The freshly updated main-floor unit features 2 bedrooms, living and dining rooms, 4-piece bath and laundry. Lower level offers an additional legal bedroom, living area and ample storage. The upper unit has been extensively renovated with updated flooring, windows and fresh paint. Ideal for investors or first-time buyers wishing to live in one unit while generating rental income from the other! Potential gross annual income of $36,000, estimated expenses of $5,000 and projected net operating income of $31,000 before debt servicing. Approximate 5.96% cap rate at the $519,900 asking price. Mutual driveway with ONE parking space. Just a 5-minute drive to June Rose Callwood Public School. An excellent opportunity to build equity! Easy to show! (id:13843)
Details
| MLS # | X14085164 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | ROYAL LEPAGE TRILAND REALTY | NELSON CONROY |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R4 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Water meter, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Irregular lot size, Flat site, Dry, Paved yard |
| Foundation Details | Stone, Block |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 1 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2290 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| City | St. Thomas |
| Postal Code | N5P1S3 |
| Listing VS Median (in N5P1S3) | |
Price: $519,900 low | high Med: $519,900 sqft: 1,500 low | high Med: 1,500 $ / sqft: $347 low | high Med: $347 On site: 5 low | high Med: 5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | St. Thomas |
| Postal Code | N5P1S3 |
| Listing VS Median (in N5P1S3) | |
Price: $519,900 low | high Med: $519,900 sqft: 1,500 low | high Med: 1,500 $ / sqft: $347 low | high Med: $347 On site: 5 low | high Med: 5 | |
