109 ROSS STREET

$1,695,000

St. Thomas, St. Thomas, Ontario

  • 14 beds
  • 12 baths
Commercial · Multi-familyType
5Parking
Forced air, Natural gasHeating
Central air conditioningCooling
157Days on market

About this property

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! (id:45603)

Property details

Interior

Bedrooms
14
Bedrooms above grade
12
Bedrooms below grade
2
Bathrooms
12 + 4 half
Storeys
3
Basement
Finished, Full
Appliances
Water Heater - Tankless, Water Heater

Exterior & parking

Structure type
Fourplex
Architectural style
[]
Lot size
59.4 x 99.8 FT
Parking spaces
5
Parking features
No Garage
Exterior features
Vinyl siding

Building & HOA

Heating
Forced air, Natural gas
Cooling
Central air conditioning

Financial & legal

List price
$1,695,000
Annual taxes
$5,000
Status
Active
MLS® number
X12916728

Location

City
St. Thomas
Neighbourhood
St. Thomas
Province
Ontario
Postal code
N5R3X8
Directions
Cross Streets: Ross & Wellington. ** Directions: Heading East on Wellington turn left onto Ross St.

Room details

RoomLevelDimensionsFeatures
KitchenMain level2.51 x 3.67 meters
BathroomLower level1.68 x 3.22 meters
Living roomSecond level5.34 x 4.38 meters
KitchenSecond level2.56 x 3.94 meters
Dining roomMain level2.83 x 3.66 meters
Dining roomSecond level2.79 x 3.94 meters
BathroomSecond level1.53 x 1.7 meters
DenSecond level3.04 x 3.11 meters
BedroomThird level4.26 x 5.69 meters
BathroomThird level2.96 x 2.86 meters
Laundry roomThird level1.83 x 1.59 meters
Bedroom 2Third level3.05 x 3.34 meters
Bedroom 3Third level3.72 x 4.39 meters
Living roomMain level5.34 x 4.4 meters
BathroomThird level1.52 x 2.95 meters
PantryMain level1.78 x 1.3 meters
Laundry roomMain level1.78 x 1.84 meters
BathroomMain level1.78 x 1.54 meters
BedroomLower level3.18 x 4.06 meters
Bedroom 2Lower level3.09 x 3.16 meters
BathroomLower level2 x 2.48 meters
Bedroom 3Lower level3.56 x 5.13 meters

Mortgage calculator

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).