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For Sale - 55 East Street, St. Thomas, Ontario

55 East Street

St. Thomas , Ontario

5 2 $599,900

Est payment $2,881/mo

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Time on Jump 1 days

AI Summary *

Duplex delivered vacant, allowing immediate rental income potential.
Two self-contained units with private entrances for tenant privacy.
Bright main floor with updated kitchen and laminate flooring.
Upper unit features private deck and additional living space on third floor.
Key updates include steel roof, separate hydro meters, and owned appliances.

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Purchase Price

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Down Payment:
$ 29,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Vacant possession duplex in st. Thomas - set your rents from day onea rare opportunity to take control of your investment from the start. This 2. 5-storey duplex will be delivered vacant on closing, allowing you to secure market rents immediately. Located in an established area of st. Thomas close to amenities and transit, supporting consistent tenant demand. The home features two self-contained units with private entrances. The main floor offers a bright living space with large windows, laminate flooring, decorative fireplace, two bedrooms, a 3-piece bath, and an updated eat-in kitchen with newer cabinetry and stainless steel appliances. A rear mudroom adds functional entry and storage. The upper unit includes two bedrooms, a full 4-piece bath, kitchen, and access to a private deck. The finished third floor expands the upper unit with an additional bedroom and large living area. Shared laundry is located in the lower level with potential for coin operation. Rear parking for two vehicles. Key updates include separate hydro meters plus a common meter, updated electrical (esa feb 2025), steel roof (2022) with transferable warranty, owned water heaters and water softener, and natural gas furnace. Two fridges and two stoves with transferable warranty. Two self-contained units with finished third-floor space expanding the upper unit offer strong rental potential. Financial summary available in supplements.

Listing IDX13067244

Address55 East Street

CitySt. Thomas, Ontario

Price$599,900

Bed / Bath5 / 2 Full

Style2 1/2 Storey, Duplex

ConstructionBrick, Vinyl Siding

Land Size3210

TypeMulti-Family

StatusFor Sale

Extras

Subtype DuplexIndoor Features Separate Hydro Meter, Water Softener, Water Heater OwnedOutdoor Features Deck, PorchOwnership FreeholdBasement Walk-Up, UnfinishedFoundation Block, Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 3.00

Listing Agency:
Coldwell Banker Peter Benninger Realty

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Listing Agency:
Coldwell Banker Peter Benninger Realty

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For Sale - 55 East Street, St. Thomas, Ontario

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Property Info

Extras

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