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23 BARNES STREET, ST. THOMAS
2026-05-12
Quick Summary
- Location
- 23 BARNES STREET, ST. THOMAS, Ontario N5R2V4
- Price
- $499,999
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 3
- Bathrooms:
- 3
- Garages:
- 3
MLS®#X13109596
Property Description
An exceptional opportunity to own a well-maintained and extensively updated triplex offering strong income potential and long-term investment stability. This property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout. Unit 1 - (Main Floor) Front Bright and inviting 1-bedroom unit featuring a covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro. Unit 2 - (Upper Unit) 1-bedroom unit with a private balcony. Currently leased at $1,035.32/month + hydro. Unit 3 - (Main Floor Back) Fully renovated in 2023 with a modern open-concept layout, this stylish 1-bedroom unit includes a covered porch and large private rear deck. Currently vacant, providing an excellent opportunity to set market rent or occupy yourself. Additional income is generated through a coin-operated washer and dryer installed in 2021, averaging approximately $800-$1,000 annually. Recent Updates Include: Shingles (2019), Main porch railing (2020), Front door with keyless entry (2020), Most windows replaced, Main floor front unit renovation (2020), including flooring, paint, trim, and bathroom updates, Upper unit flooring updates (2021), New furnace with dual heat control (November 2021), Owned water heaters. This property also offers two driveways with parking for three vehicles. Covered porches and private outdoor areas enhancing tenant appeal and overall value. A turnkey addition to any investment portfolio with reliable rental income, quality tenants, and significant recent improvements. (id:32467)
Property Features
Building
- Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
- Basement Features: Separate entrance
- Basement Type: N/A
- Cooling Type: Central air conditioning, Wall unit
- Exterior Finish: Vinyl siding
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: Triplex
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 58.5 x 83.5 FT
- Sewer: Sanitary sewer
Zoning
- Description: R4
Information entered by BLUE FOREST REALTY INC.
Listing information last updated on: 2026-06-13 19:21:36
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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
5% + HST . Not all agents charge the same.
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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 Soliman REALTOR
- Phone:
- 519-520-3145
- Email:
- hananz.soliman@gmail.com
- Support Area:
- St. Thomas, Dorchester, Lambeth, Port Stanely, St. Mary's, Ilderton, Strathroy, Grand Bend, Sarnia, Chattham, Stratford, London, Woodstock
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