361 Talbot St

St. Thomas | SW | N5P 1B7
  • 3826.0 sqft
  • 0 gar

$790,000

Est. Mtg $2,678 /mo
  • Days on market

    89

  • Status

    A

Listing Broker ROYAL LEPAGE TRILAND REALTY
Since listed: 1 views

Home details

MLS #:

X11909231

Property type:
Investment
Style:
Taxes:
$5,607
Possession:
Condo Fee:
Lot Size:
20.83 X 126.13
Zoning:
C-1 DOWNTOWN COMMERCIAL
Use:
Professional Office
Heat:
Gas Forced Air Closd

Description


361 Talbot St, , St. Thomas, Ontario is a Investment property in St. Thomas and in the SW community in the N5P 1B7 postal code


Prime Downtown St. Thomas Medical Office Long-Term Tenant & Strong Investment Opportunity. This exceptional investment property is a fully leased medical office in downtown St. Thomas, occupied by the same tenant for over 10 years. A new 2-year lease extension began December 1, 2024, ensuring continued stability. The building has been completely renovated into modern office spaces on both levels to accommodate the current tenants needs. Additional updates include a newer roof. The tenant is responsible for all expenses, inclusive of realty taxes and insurance. Net income to the landlord of $49,800 per year. Landlord is responsible for the roof, replacement of HVAC (if required), and structure. A rare opportunity to own a turnkey income-generating property with a long-term, reliable tenant in a prime location!.

Extras

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Payment calculator

$3146 monthly. In association with: TD Bank
%
  • Principal and Interest
    2678 /mo
  • Property Taxes
    $467 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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