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    For Sale - 69 KAINS Street, St. Thomas, Ontario

    Est payment $2,400/mo
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    Views   1
    Time on Jump  31 day

    AI Summary *

    • Well-maintained duplex with two separate 2-bedroom units for flexibility.
    • Vacant possession allows for immediate rent setting or personal move-in.
    • Freshly painted and renovated units with newer windows and furnace.
    • Dedicated parking spaces and attached garage for added convenience.
    • Potential rental income of approximately $3,550 per month from both units.




    Welcome to this well maintained up and down duplex in st. Thomas, offered with vacant possession, an excellent opportunity for investors or buyers looking for a home with a built-in mortgage helper. With two separate 2-bedroom units, this property provides flexibility for a variety of ownership strategies, free of the delays or complications of existing tenancies. The property has undergone a complete renovation in previous years and has recently been freshly painted throughout. The upper unit features newer windows, and the property has a newer furnace serving both units. Each unit has its own dedicated parking space, with the upper unit also benefiting from a single car attached garage, an attractive feature for future tenants and a convenient bonus for storage. The unfinished basement provides ample additional storage and houses shared laundry facilities. From an investment perspective, the property offers the potential for approximately $3,550 per month in combined rental income, plus hydro, based on estimated market rents of approximately $1,750 per month for the upper unit and $1,800 per month for the lower unit. With the property vacant, a new owner can set rents at current market rates from day one, or move in immediately and offset carrying costs with income from the second unit. For an owner occupier, live in one unit and have the rental income from the other help offset your mortgage and carrying costs. For an investor, choose your own tenants and lease terms without inheriting existing arrangements. This is a practical duplex offering a combination of rental income potential, parking, garage space, and flexibility that is increasingly difficult to find. Whether you are looking to expand your rental portfolio or purchase a home with a mortgage helper, book your showing today to see this move-in ready opportunity for yourself. Some photos have been virtually staged for illustration purposes.
    Listing IDX13715044
    Address69 KAINS Street
    CitySt. Thomas, Ontario
    Price$499,900
    Bed / Bath4 / 2 Full
    Style2-Storey, Duplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Separate Hydro MeterAmenities Park, Rec./Commun.Centre, River/Stream, OtherOwnership FreeholdWaterfront NoneBasement Unfinished, FullFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  TEAM GLASSER REAL ESTATE BROKERAGE 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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