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$999,999
Available - For Sale
Listing ID: X11913327
Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. The building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hot spot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the income potential. Interested parties are encouraged to inquire about competitive financing options available. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Dont miss out on this fantastic opportunity.
Price $999,999
Taxes: $4,659
Tax Type: Annual
Assessment: $280000
Assessment Year: 2024
Occupancy by: Tenant
Address: 33 Station St , St. Thomas, N5P 2X1, Ontario
Postal Code: N5P 2X1
Province/State: Ontario
Legal Description: LT 17 PL 84 ST. THOMAS; PT LT 16 PL 84 S
Lot Size: 64.41 x 120 (Feet)
Directions/Cross Streets: STATION STREET & MEDA STREET
Zoning: R4
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 4,326
Total Area Code:  Sq Ft
Area Influences: Public Transit  
Approximatly Age: 100+
Financial Statement: Y
Franchise: N
Taxes Expense: $4659
Insurance Expense: $6940
 Heat Expenses: $2945
 Hydro Expense:  $5148
Gross Income/Sales: $94056
Net Income Before Debt: $74365
Year Expenses: 2023
Expenses Actual/Estimated: $Act
Outside Storage: Y
Heat Type: Gas Hot Water
Central Air Conditioning: N
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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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.
KELLER WILLIAMS LIFESTYLES

33 Station St , St. Thomas, N5P 2X1, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Elgin
Municipality: St. Thomas
Neighbourhood: NW
Style:
Lot Size: 64.41 x 120.00(Feet)
Approximate Age: 100+
Tax: $4,659
Maintenance Fee: $0
Beds:
Baths: 6
Garage: 0
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