109 Ross Street.
St. Thomas, ON $1,695,000

bed
14 Bedrooms

shower
8 + 4 Bathrooms

square_foot
5000 SQ/FT

house_siding
3 Stories

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! (id:58067)

MLS # :

X12916728

City :

St. Thomas

Property Type :

Multi-family

Basement :

Full (Finished)

Parking :

No Garage

Lot Size :

59 ft ,4 i x 99 ft ,9 i

Lot Area :

59.4 x 99.8 FT

Heating/Cooling :

Forced air Natural gas / Central air conditioning

Days on Market :

79 days