109 Ross ST new Save Request In-Person Tour Request Virtual Tour
St. Thomas,ON N5R 3X8
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Sw
MLS Listing ID X12080400
Style 3-Storey
Bedrooms 14
Building Age 0-5
Annual Tax Amount $5,000
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Brand new purpose-built 4-plex in the growing city of St. Thomas, just minutes to London, the 401, and a short drive to Port Stanley beaches. With major employers like the new VW EV battery plant and Amazon fulfillment center, St. Thomas is experiencing rapid growth making this is a smart investment or ideal multi-generational living option. Each side-by-side unit offers a mirrored main-floor unit with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to the rear parking. Upper units feature 3 bedrooms plus a den, 2.5 baths, and scenic top-floor views. All four units boast high ceilings, quartz countertops, upgraded lighting, separate laundry, and brand new, never-used appliances. Separately metered and completely vacant, the building offers 5 rear parking spaces and 2 sewer and water connections. With market rental rates estimated at $2,600/month per upper & $2300 /month per lower, this property projects a strong 6.9% cap rate an ideal opportunity for investors looking to secure cash flow in a high-demand rental market.
Location
Province ON
County Elgin
Community Sw
Area Elgin
Rooms
Family Room Yes
Basement Full,Finished
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Sump Pump,Water Heater Owned,Separate Hydro Meter,On Demand Water Heater,In-Law Capability
Cooling Central Air
Inclusions 4 WASHERS, 4 DRYER, 4 STOVES, 4 DISHWASHER, 4 REFRIGERATORS, 4 OWNED HWT ON DEMAND.
Exterior
Exterior Feature Lighting,Year Round Living
Parking Features Available
Pool None
Roof Type Shingles
Lot Frontage 59.42
Lot Depth 99.77
Total Parking Spaces 5
Building
Foundation Poured Concrete
Others
Senior Community No
Security Features Other,Carbon Monoxide Detectors
Virtual Tour https://www.youtube.com/shorts/6sotOS8mkiU