We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
62 TALBOT STREET, ST. THOMAS
2025-10-22
Quick Summary
- Location
- 62 TALBOT STREET, ST. THOMAS, Ontario N5P1A4
- Price
- $1,499,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3000 - 3500 sqft
- Bedrooms:
- 12
- Bathrooms:
- 7
MLS®#X12476455
Property Description
Rare 7-Unit Investment Opportunity in Prime St. Thomas Location. This one-of-a-kind two-story six-plex features all 2-bedroom units, plus a separate bachelor apartment in the basement for a possible total of 7 rental units and 7 bathrooms. One 2-bedroom unit can easily convert to a 3-bedroom ( including the bachelor pad as a bedroom) , offering additional income flexibility. Built in 1870 and extensively renovated in 2003, and four modern units added at the rear, along with the garage. The building exterior was stripped and professionally refinished in brick. Interior upgrades include tile flooring in all units, granite countertops, and jetted tubs in six units. Unit 1 features a high-end kitchen with plywood boxes and maple doors, and Unit 2 includes three skylights for added natural light. Enjoy efficient gas radiant heat, with wall-mounted units and 7 owned water heaters (4 recently replaced). Coin laundry is available on-site (machines replaced 3-4 years ago). All windows and entry doors are newer, and a metal roof was installed within the past 7 years on both the main building and the detached garage. The property backs onto the Elevated Park and sits next to the iconic Jumbo the Elephant, a popular landmark and tourist destination. There is parking for 9 vehicles, plus additional overnight parking across the street. A 600 sq ft garage includes 4 large storage units (1 allocated for tenant use). This turnkey investment offers strong income, low maintenance, and excellent visibility in a high-demand area. 4 units, plus the bachelor will be vacant for the new owner, perfect opportunity to set new market rents. (id:32467)
Property Features
Building
- Amenities: Separate Heating Controls, Separate Electricity Meters
- Appliances: Water Heater
- Basement Development: Partially finished
- Basement Type: Partial (Partially finished)
- Exterior Finish: Brick, Vinyl siding
- Fireplace: No
- Interior Size: 3000 - 3500 sqft
- Building Type: Other
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Carpet Free, Sump Pump
Land
- Land Size: 58.2 x 169.9 FT
- Sewer: Sanitary sewer
Information entered by ELGIN REALTY LIMITED
Listing information last updated on: 2025-10-28 00:29:12
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Hanan Solemn REALTOR
- Phone:
- 888-966-3111
- Email:
- hananz.soliman@gmail.com
- Support Area:
- St. Thomas, Dorchester, Lambeth, Port Stanely, St. Mary's, Ilderton, Strathroy, Grand Bend, Sarnia, Chattham, Stratford, London
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