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$ 489,000
Est. payment | /mo
2 Baths
$ 489,000
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision St. Thomas
MLS Listing ID X13559158
Annual Tax Amount $4,583
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential. Buyer and Buyer's Representative to verify all measurements, dimensions, specifications, and all other information to their own satisfaction prior to submitting an offer.
Location
Province ON
County Elgin
Area Elgin
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 18.06
Lot Depth 50.17
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 PROPERTY ZONE REALTY INC.
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