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

 

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$524,999
Available - For Sale
Listing ID: X12853090
An outstanding opportunity to own a well-maintained and thoughtfully updated triplex offering excellent income potential and long-term stability. This fully tenanted property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout.Unit 1 - Main Floor Front Bright 1-bedroom unit with covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro.Unit 2 - Upper Unit Spacious 1-bedroom unit with private balcony. Currently leased at $1,035.32/month + hydro.Unit 3 - Main Floor Back Fully renovated to open-concept design in 2023, this stylish 1-bedroom unit offers a covered porch and large private rear deck. Leased at $1,600/month. Additional income generated by coin-operated washer and dryer (installed 2021), averaging approximately $800-$1,000 annually.Extensive updates provide peace of mind, including:Shingles (2019)Main porch railing (2020)Front door with keyless entry (2020)Most windows replaced Main floor front unit renovation (2020) with new flooring, paint, trim, and bathroom updates Upper unit flooring updates (2021)New furnace with dual heat control (November 2021)Owned water heaters The property offers two driveways with a total of three parking spaces. Covered porches and private outdoor areas enhance tenant appeal.A solid addition to any investment portfolio, offering reliable rental income, strong tenancy, and significant recent improvements.
Price $524,999
Taxes: $2,394
Assessment Year: 2025
Occupancy by: Tenant
Address: 23 Barnes Street , St. Thomas, N5R 2V4, Elgin
Directions/Cross Streets: WELLINGTON AND PRINCESS
Rooms: 8
Bedrooms: 3
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Separate Ent
No. of Pieces Level
Washroom 1 4
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 4
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Property Type: Triplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 1500-2000
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: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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BLUE FOREST REALTY INC.

23 Barnes Street , St. Thomas, N5R 2V4, 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 - Triplex
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style: 2-Storey
Lot Size: x 83.50(Feet)
Approximate Age:
Tax: $2,394
Maintenance Fee: $0
Beds: 3
Baths: 3
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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