51 St Annes Place St. Thomas, Ontario N5R 2W6
$699,900
Not very often will you come across a superb opportunity like this one. A perfect purchase for investors or anyone looking for affordable housing. This completely renovated triplex would be amazing for first time home buyers. The option to have an owner occupied unit and your mortgage subsidized with rent from the additional two units. All three units are brand new, with custom kitchens that offer hard surface counter tops, gorgeous bathrooms with tile showers, sleek vanities with hard surface tops, durable vinyl plan flooring, doors, windows, electrical, plumbing, light fixtures and siding. The first unit is a 2 bedroom, one bath with a projected income of $1700 monthly. The second unit has 1 bedroom, 1 bath with a projected income of $1500 monthly and a third is a cool sheik bachelor apartment projected rent of $1250. Completely separate entrances from all three spaces. All work has been permitted through the city and conforms with the zoning of the property. Tenant's will pay all utilities, each unit has completely separate heat, hydro, water and laundry. Concrete driveway and parking will be complete by seller end of April 2023. Arctic series air source heat pump in upper and lower unit, the 2 bedroom unit has forced air gas and central air. Two owned water heaters and one rented in the two bedroom unit. Parking for 6 cars, a short walk to shopping and easy access to bus routes. Pick your rents and your tenants! Quick possession is available. (id:48675)
Property Details
| MLS® Number | 40382983 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Equipment Type | Water Heater |
| Features | Park/reserve, Golf Course/parkland |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1900 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning, Ductless, Wall Unit |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2113 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 55 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/25322912/51-st-annes-place-st-thomas
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36 First Avenue
St. Thomas, Ontario N5R 4M8
36 First Avenue
St. Thomas, Ontario N5R 4M8
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March 10 2023 09:49:58
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc.