traditional-style house featuring a balcony, a front yard, and a porch Features: lawn, fence, porch, balcony More Photos

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    For Sale - 23 Barnes Street, St. Thomas, Ontario

    Est payment $2,521/mo
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    Views   2
    Time on Jump  27 day

    AI Summary *

    • Well-maintained triplex with consistent rental income and stability.
    • Three self-contained 1-bedroom units with private outdoor spaces.
    • Recently renovated unit with modern open-concept design and large deck.
    • Coin-operated laundry generates additional income averaging $800-$1,000 annually.
    • Two driveways with three parking spaces for tenant convenience.




    An outstanding opportunity to own a well-maintained and thoughtfully updated triplex offering excellent income potential and long-term stability. This fully tenanted property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout. Unit 1 - main floor front bright 1-bedroom unit with covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro. Unit 2 - upper unit spacious 1-bedroom unit with private balcony. Currently leased at $1,035. 32/month + hydro. Unit 3 - main floor back fully renovated to open-concept design in 2023, this stylish 1-bedroom unit offers a covered porch and large private rear deck. Leased at $1,600/month. Additional income generated by coin-operated washer and dryer (installed 2021), averaging approximately $800-$1,000 annually. Extensive updates provide peace of mind, including:shingles (2019)main porch railing (2020)front door with keyless entry (2020)most windows replaced main floor front unit renovation (2020) with new flooring, paint, trim, and bathroom updates upper unit flooring updates (2021)new furnace with dual heat control (november 2021)owned water heaters the property offers two driveways with a total of three parking spaces. Covered porches and private outdoor areas enhance tenant appeal. A solid addition to any investment portfolio, offering reliable rental income, strong tenancy, and significant recent improvements.
    Listing IDX12853090
    Address23 Barnes Street
    CitySt. Thomas, Ontario
    Price$524,999
    Bed / Bath3 / 3 Full
    Style2-Storey, Triplex
    ConstructionVinyl Siding
    Land Size4983
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Water Heater OwnedOwnership FreeholdBasement Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  BLUE FOREST REALTY INC.

    * 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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    23 Barnes Street
    St. Thomas , Ontario
    3 3 $524,999
    Get more info