$889,000
For sale: Multiplex

Solid purpose-built 4-plex in an excellent St. Thomas location, offering a strong addition to any investment portfolio. The property features four spacious two-bedroom units, each with separate hydro metering, providing an attractive and straightforward income-producing opportunity. Ideally situated directly across from walking trails and Waterworks Park, with easy access to nearby amenities and services. Well suited for both seasoned investors and those looking to add a quality multi-residential property to their portfolio. Properties like this rarely become available-don't miss this opportunity.
Sold data
Multiplex homes in St. Thomas took a median of 42 days to sell over the last 730 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 75, across 35 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $519,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 35 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. 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

$819,000
Multiplex614-616 WELLINGTON STREET, East F, London East

$699,000
Multiplex7 CHURCH STREET, St. Thomas, St. Thomas

$824,900
Multiplex23 BRENDA COURT, Brantford

$574,900
Multiplex3993 WELLINGTON COURT, 337 - Crystal Beach, Fort Erie

$749,000
Multiplex363 ASHLAND AVENUE, East M, London East

$970,000
Multiplex119 MYRTLE STREET, Aylmer, Aylmer

$884,900
Multiplex664 CHEAPSIDE STREET, East C, London East

$829,000
Multiplex433 SOUTH STREET, East K, London East