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$2,399,000
Available - For Sale
Listing ID: X12404511
This mixed-use commercial property at 449-453 Talbot Street in the heart of Downtown St. Thomas presents a prime investment opportunity, offering the option of commercial space with vacant possession on closing or a fully tenanted building. Zoned C2, the property features an 8000 sq. ft. ground-floor commercial unit at 449 Talbot Street along with seven spacious loft-style residential units at 453 Talbot Street, each with separate hydro meters, hot water tanks, furnaces, and central air. With a gross annual rental income of $184,530, strong visibility, and excellent accessibility in a rapidly growing community, this property delivers solid returns and future growth potential. Extras: possibility of retail business for sale.
Price $2,399,000
Taxes: $20,003
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 449 Talbot Stre , St. Thomas, N5P 1C1, Elgin
Postal Code: N5P 1C1
Province/State: Elgin
Directions/Cross Streets: Hiawatha St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Other
Building Percentage: F
Total Area: 16,000
Total Area Code:  Square Feet
Office/Appartment Area: 8000
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ROYAL LEPAGE TRILAND REALTY

449 Talbot Stre , St. Thomas, N5P 1C1, Elgin


 
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Type: Com - Investment
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
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Tax: $20,003
Maintenance Fee: $0
Beds: 0
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Fireplace: N
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