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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,700,000
Available - For Sale
Listing ID: X12544280
Rare Opportunity for Investors Seeking Quality + Cash Flow. This purpose-built 6-unit apartment building is the kind of investment that doesn't come along often. Constructed with solid concrete floors and exterior walls, every suite is essentially its own firebox, offering exceptional durability, safety, and long-term value. Perfectly positioned right across from the Elgin Mall, tenants enjoy unmatched convenience with shopping, transit, and amenities just steps away. Inside, each updated unit impresses with stainless steel appliances, tiled flooring throughout, plank porcelain bathroom tile, porcelain-tiled kitchens and all-wood trim and doors for a warm, modern finish. Additional income and ease of management come from the on-site coin laundry located on the lower level. Every unit also features its own water heater and is separately metered for hydro, giving investors full control over operating costs and boosting profitability. Whether you're expanding your portfolio or securing a stable, low-maintenance asset, this property checks all the boxes.
Price $1,700,000
Taxes: $8,934.54
Occupancy by: Tenant
Address: 221 Highview Drive , St. Thomas, N5R 5H6, Elgin
Acreage: < .50
Directions/Cross Streets: WELLINGTON STREET
Rooms: 31
Bedrooms: 12
Bedrooms +: 0
Washrooms: 6
Family Room: F
Basement: Partial Base
No. of Pieces Level
Washroom 1 4
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Property Type: Multiplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 7
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 16-30
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY

221 Highview Drive , St. Thomas, N5R 5H6, Elgin

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style: 2 1/2 Storey
Lot Size: x 115.82(Feet)
Approximate Age: 16-30
Tax: $8,934.54
Maintenance Fee: $0
Beds: 12
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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