109 Ross Street, St. Thomas — For Sale in St. Thomas
14 bed · 12 bath · Fourplex for sale in St. Thomas.
109 Ross Street, St. Thomas, ON N5R 3X8
About This Property
Now for sale at 109 Ross Street in St. Thomas: a 14-bedroom, 12-bathroom fourplex listed at $1,695,000.
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!
Property Specifications
| MLS® Number | X12916728 |
|---|---|
| Status | For Sale |
| List Price | $1,695,000 |
| Property Type | Residential Freehold |
| Sub Type | Fourplex |
| Transaction Type | For Sale |
| Bedrooms | 14 |
| Bathrooms | 12 |
| Parking | 5 spaces |
| Address | 109 Ross Street, St. Thomas, ON N5R 3X8 |
| City | St. Thomas |
| Postal Code | N5R 3X8 |
Listing Contracted With: CENTURY 21 FIRST CANADIAN CORP
