Two-story property with light gray siding and a covered front porch featuring stone-clad pillars Features: driveway, outdoor structure, horizontal siding, downspout, porch, lawn, gutters, woods view

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Front porch with substantial stone-look pillars, horizontal siding, and a covered entry Features: porch, downspout, horizontal siding, gutters

Entry porch with a solid-panel door featuring a glass insert, overhead pendant lighting, and horizontal siding Features: horizontal siding, porch

Kitchen featuring white cabinetry, subway tile backsplash, laminate countertops, and wood-finish flooring Features: white cabinets, backsplash, refrigerator, shaker cabinets, sink, range oven, wood finish floor, range hood, countertops

White cabinetry, dual basin stainless steel sink, subway tile backsplash, light-toned countertops, and wood-finish flooring Features: vent, drywall, shaker cabinets, range oven, wood finish floor, white cabinets, baseboards wall, refrigerator, backsplash, stone countertops, natural light, sink

White shaker-style cabinetry, double basin sink, subway tile backsplash, white refrigerator, and wood-finish flooring Features: refrigerator, shaker cabinets, drywall, wood finish floor, white cabinets, vent, natural light, baseboards wall, backsplash, sink, stone countertops

White shaker-style cabinetry, subway tile backsplash, stainless steel double basin sink, stone-finish countertops, wood-finish flooring Features: shaker cabinets, stone countertops, wood finish floor, range oven, backsplash, refrigerator, sink, range hood, natural light, white cabinets

Wood-finish flooring throughout, white trim, and light-colored walls Features: vent, natural light, built in shelves, drywall, smoke carbon monoxide detector, baseboards wall, wood finish floor

Wood-finish flooring, built-in shelving, white trim, and a white front-load washer Features: baseboards wall, smoke carbon monoxide detector, wood finish floor, washer hookup, laundry, drywall, vent, washer dryer, natural light

Wood-finish flooring, white trim, and a window with natural light Features: drywall, refrigerator, wood finish floor, natural light, baseboards wall, vent

Light-toned wood-finish flooring throughout, framed by white trim Features: baseboards wall, natural light, drywall, sink, wood finish floor

Light wood-finish flooring, white trim, and neutral wall tones Features: baseboards wall, vent, drywall, natural light, wood finish floor

Light-toned walls, wood-finish flooring, white trim, and six-panel interior doors Features: wood finish floor, baseboards wall, drywall, vent

Wood-finish flooring, white trim, and a paneled door with matte black hardware Features: wood finish floor, drywall, baseboards wall, natural light

Light blue wall finish, white window trim, white baseboard, wood-finish flooring, double-hung window Features: natural light, wood finish floor, baseboards wall, drywall

White subway tile surround with decorative mosaic accent band Features: vanity, full bathroom, combined bath shower, sink, toilet, drywall

White subway tile surround with a mosaic accent band Features: full bathroom, combined bath shower, drywall, wood finish floor

Integrated bathtub with white subway tile surround and decorative mosaic accent Features: vanity, wood finish floor, vent, full bathroom, combined bath shower, drywall, sink

White cabinetry with chrome hardware, subway tile backsplash, laminate countertops, integrated sink, and white electric range Features: tile floor, arched cabinets, refrigerator, natural light, white cabinets, raised cabinets, drywall, countertops, range oven, backsplash, range hood, vent, sink

Kitchen featuring white cabinetry, subway tile backsplash, and light-toned countertops Features: natural light, vent, backsplash, sink, arched cabinets, basement, low ceiling, raised cabinets, white cabinets, range hood, range oven, l shaped kitchen, refrigerator, tile floor, countertops, drywall

White kitchen cabinetry with stainless steel hardware, white tile backsplash, and light-colored countertops Features: range oven, backsplash, drywall, white cabinets, refrigerator, vent, fire extinguisher, raised cabinets, tile floor, baseboards wall, basement, sink, countertops

Tiled flooring and painted interior walls Features: basement, stairs, baseboards wall, tile floor, natural light, drywall

Recessed ceiling lighting, wood-finish flooring, white walls, and a casement window Features: wood finish floor, vent, natural light, recessed lighting, low ceiling, drywall, smoke carbon monoxide detector, basement, baseboards wall

Wood-finish flooring throughout, bright white walls, and a recessed window Features: basement, drywall, baseboards wall, wood finish floor, natural light

Neutral wall color, wood-finish flooring, and a window providing natural light Features: low ceiling, drywall, baseboards wall, basement, wood finish floor

Wood-finish flooring Features: low ceiling, baseboards wall, smoke carbon monoxide detector, wood finish floor, basement, drywall

White subway-style tile shower surround with decorative mosaic accent Features: baseboards wall, combined bath shower, wood finish floor, drywall, full bathroom, toilet

White vanity with an integrated sink, polished chrome faucet, and storage cabinetry Features: half bathroom, vanity, mirror, toilet, low ceiling, sink, baseboards wall, vent, drywall, wood finish floor

Additional content Features: separate washer dryer, washer hookup, sump pump, concrete wall, basement, garage door opener, concrete floor, laundry

Additional content Features: water heater, furnace, basement

Siding exterior with a gable roof, brick chimney, and a lower-level window Features: concrete block foundation, awning, satellite dish, fence, gutters, horizontal siding, downspout, lawn, chimney, shingle roof

Fenced backyard featuring a brick fire pit and mature trees Features: fence, lawn, fire pit, trampoline

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For Sale - 40 Barnes Street, St. Thomas, Ontario

40 Barnes Street

St. Thomas , Ontario

5 3 $599,900

Est payment $2,881/mo

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Time on Jump 77 day

AI Summary *

Turnkey duplex with a legal basement apartment for great rental income.
Main floor unit currently vacant but has strong rental potential.
Upper unit leased at $1,550 per month, offering steady cash flow.
Large lot with ample parking space and garage for storage needs.
Opportunity to add more residential units for increased investment value.

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Down Payment:
$ 29,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Investment opportunity awaits - this turnkey duplex with a legal basement apartment is located on a large 70' wide lot on a quiet street in the heart of st thomas and close to all amenities. Main floor unit - accessed through the side door, this unit features 2 bedrooms, livingroom, kitchen with refrigerator and stove included, and 4 piece bath - currently vacant but lease potential of $1,800 per month plus 1/2 hydro. Upper unit - accessed through the front door, kitchen with refrigerator and stove included and a 3 piece bath - currently leased at $1,550 per month on a month - month basis plus hydro. Basement unit - access is through the rear door and features 1 bedroom with a fire coded egress window, and a 3 piece bath - currently rented at $1,050 per month + 1/2 hydro. Utilities - landlord pays for enbridge gas heat and common hydro usage, 3 electrical meters - one for upper, one for main and basement and 1 for common area and the 3 hot water tanks are owned. Outside - the double wide paved drive is large enough to handle 3-4 vehicles with access to the garage for storage of lawn equipment. Laundry - a condensing washer and dryer unit is located in each unit for use by the tenants. Safety - smoke and co detectors on all 3 levels are linked to provide added safety. Income and expenses - based on 2025 costs - insurance $2,787. 92, enbridge gas $1,079. 36, property taxes $2,738. 00, entegrus hydro/water/sewer $1,152 offering a 7. 5% cap rate. Additional residential units - explore adding additional residential units in the rear / side yard or possibly severing the side yard to increase the investment potential of this property. Next steps - with the explosive growth happening in st thomas, don't wait to schedule an appointment today to checkout your next invest opportunity

Listing IDX13536296

Address40 Barnes Street

CitySt. Thomas, Ontario

Price$599,900

Bed / Bath5 / 3 Full

Style2-Storey, Duplex

ConstructionVinyl Siding

TypeMulti-Family

StatusFor Sale

Extras

Subtype DuplexIndoor Features Water Heater OwnedAmenities ParkOwnership FreeholdBasement FullFoundation Concrete, Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 5.00

Listing Agency:
COLDWELL BANKER STAR REAL ESTATE

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Listing Agency:
COLDWELL BANKER STAR REAL ESTATE

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For Sale - 40 Barnes Street, St. Thomas, Ontario

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