$34/sqft
For rent: Other

Position your business for the next phase of growth in St. Thomas. This brand-new commercial development at 340 Highbury Avenue South offers an exceptional opportunity to establish your business along one of the city's key commercial corridors, directly across from the new Volkswagen/PowerCo EV battery cell gigafactory development. With completion anticipated for late 2027, now is the time to secure your space and establish your presence as this rapidly developing employment area takes shape. Well suited for health and wellness, office, professional, recreational and service-oriented businesses looking to establish themselves within a modern commercial development in one of St. Thomas' key growth areas. A variety of commercial uses are permitted under the C7-31 zoning, subject to confirmation of the Tenant's intended use. The owner has applied for a zoning variance to allow for health/wellness operations. Modern new construction offers excellent visibility, prominent signage opportunities, convenient access and on-site parking. An outstanding opportunity to secure space today in an area positioned for significant future growth.
Sold data
Homes in St. Thomas took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 51, across 160 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $529,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 160 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
St. Thomas has 16 Fraser Institute–rated schools (12 elementary and 4 secondary), averaging 5.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$29/sqft
Other2A-B - 340 HIGHBURY AVENUE S, St. Thomas, St. Thomas

$29/sqft
Other2A - 340 HIGHBURY AVENUE S, St. Thomas, St. Thomas

$3,500/mo
Other414 HAMILTON ROAD E, East L, London East

$1,750/mo
OtherB - 875 HAMILTON ROAD, East M, London East

$2,495/mo
OtherLOWER LEVEL - 170 WELLINGTON STREET, St. Thomas, St. Thomas

$16.50/sqft
Other55 SHAMROCK ROAD, South A, London South

$10.50/sqft
Other12 - 96 BESSEMER COURT, South Z, London South

$13/mo
Other1015 HARGRIEVE ROAD, South Z, London South