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$ 489,000
Est. payment | /mo
2 Baths
1,800 SqFt
$ 489,000
Est. payment | /mo
2 Baths
1,800 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $271
Subdivision St. Thomas
MLS Listing ID X13559158
Annual Tax Amount $4,583
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential.
Location
Province ON
County Elgin
Area Elgin
Zoning C2
Interior
Cooling Yes
Exterior
Parking Features None
Community Features Public Transit
Utilities Available Yes
Building
Lot Description Unit
Others
Lited by CENTURY 21 PROPERTY ZONE REALTY INC.
Nearby Locations
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