54 Elizabeth St

St. Thomas | SW | N5R 2X1
  • 4
  • 4
  • 0

Ask: $599,900 $569,900

Est. Mtg $1,932 /mo
  • Days on market

    58

  • Status

    Pc

Listing Broker CERTAINLI REALTY INC
Since listed: 2 views

Home details

MLS #:

X9241691

Property type:
Fourplex
Style:
2-Storey
Taxes:
$2,512
Possession:
flexible
Lot Front:
40.0   Feet
Lot Depth:
123.0   Feet
Basement:
Unfinished |
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


54 Elizabeth St, , St. Thomas, Ontario is a Fourplex property in St. Thomas and in the SW community in the N5R 2X1 postal code


Welcome to 54 Elizabeth Street, an exceptional investment opportunity in the heart of St. Thomas. Key features include 4 self contained 1bed/1bath units, a common laundry area with secure keypad access, central A/C, and 3 units with recent cosmetic upgrades, including new kitchens, vinyl flooring and new bathroom fixtures. This turnkey fourplex is situated within walking distance to downtown St. Thomas, tenants will have easy access to multiple grocery stores, bank branches, restaurants, cafes, and bars as well as quick access to public transit. As a bonus for the discerning investors, act fast and secure this property completely vacant by October 1st to set your own market rents and select the best tenants to maximize your investment returns!.

Extras

Financial Highlights: Potential Rental Income (conservative market rent= 2 units $1050 +hydro, 2 units $1150 inclusive): $52,800/year Total Operating Expenses: $9,585/year. Net Operating Income: $43,215/year. Potential Cap Rate: 7.2%.


History

Sign in for full access
List Date End Date List Price End Price Status MLS #
2019-06 2023-07 $289,900 $285,000 Sld X6540381
2024-05 2024-06 $525,000 $525,000 Ter X8348778
2024-08 2024-09 $599,900 $569,900 Pc X9241691
2024-01 $159,900 $149,900 X7597890
2024-01 $54,900 $54,900 X7603337
2024-02 $99,500 $99,500 X7911361
2024-02 $117,500 $122,500 X7830433
2024-02 $119,900 $119,900 X7826420
2024-02 $106,500 $106,500 X7912067
2024-01 $84,900 $84,900 X7602988
2024-01 $69,900 $69,900 X7603247

Comparables

Sign in for full access
sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

St. Thomas :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 54 Elizabeth St

Based on available 3rd party data

$2276

Approximate costs per month

Mortgage
$1932 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$209 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker CERTAINLI REALTY INC
Data Source: TRREB

Payment calculator

$2141 monthly. In association with: TD Bank
%
  • Principal and Interest
    1932 /mo
  • Property Taxes
    $209 /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

Jim Millis, Realtor

Similar properties you may like