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!
35-37 KAINS STREET, ST. THOMAS
2026-05-12
Quick Summary
- Location
- 35-37 KAINS STREET, ST. THOMAS, Ontario N5P1N1
- Price
- $429,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 2500 - 3000 sqft
- Bedrooms:
- 5
- Bathrooms:
- 4
- Garages:
- 2
MLS®#X13109744
Property Description
An exceptional opportunity to acquire a solid, income-producing legal fourplex offering both stability and upside potential. Three of the four units are occupied by long-term tenants, providing consistent rental income and low turnover. The remaining 2 bedroom unit has been newly updated and is currently vacant-ideal for an owner-occupant or the seller will guarantee market rent of approximately $1,600 until the end of September while the new owner finds a tenant to occupy the unit. The property features four separate hydro metres, a brand new boiler installed in 2024, and is in a great central location close to schools, shopping, and all of your amenities. The potential yearly rental income with the property fully tenanted is just under $40,000 with an NOI of just under $30,00 and boasts a potential cap rate of 6.76%. Don't miss out on this excellent investment opportunity in the heart of St. Thomas. Book you private showing today! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Place of Worship, Schools, Park
Building
- Amenities: Separate Electricity Meters
- Appliances: Stove, Refrigerator
- Basement Development: Unfinished
- Basement Type: N/A (Unfinished)
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2500 - 3000 sqft
- Building Type: Fourplex
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 53.3 x 68.7 FT
- Sewer: Sanitary sewer
Structure
- Structure: Porch
Zoning
- Description: R3
Information entered by ELGIN REALTY LIMITED
Listing information last updated on: 2026-05-25 20:03:36
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
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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