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    For Sale - 109 Ross Street, St. Thomas, Ontario

    Est payment $8,139/mo
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    Views   3
    Time on Jump  103 day

    AI Summary *

    • Brand new 4-plex with luxurious finishes and over 5500 sq ft.
    • Always fully rented with a strong annual income of $112,800.
    • Each unit features 3 bedrooms, 2.5 baths, and open-concept layout.
    • Located near major employers, ideal for tenants and future residents.
    • Low property taxes and minimal maintenance requirements for owners.




    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!
    Listing IDX12916728
    Address109 Ross Street
    CitySt. Thomas, Ontario
    Price$1,695,000
    Bed / Bath14 / 12 Full
    Style3-Storey, Fourplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Sump Pump, Water Heater Owned, Separate Hydro Meter, On Demand Water Heater, In-Law CapabilityOutdoor Features Lighting, Year Round LivingAmenities Hospital, Library, SchoolOwnership FreeholdBasement Full, FinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  CENTURY 21 FIRST CANADIAN CORP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    109 Ross Street
    St. Thomas , Ontario
    14 12 $1,695,000
    Get more info