221 HIGHVIEW DRIVE, St. Thomas
$1,700,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 12 bedrooms, 6 bathrooms
- Living area
- 100,000 sqft
- MLS®
- MLS® X12544280
- Neighbourhood
- St. Thomas
A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity.
Sold data
Multiplex homes in St. Thomas — recent sold market
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.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.
- Median days to sell
- 42
- Median sale price
- $519,900
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 3%
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
Schools in St. Thomas
St. Thomas has 16 Fraser Institute–rated schools (12 elementary and 4 secondary), averaging 5.2/10.
- Rated schools
- 16
- Elementary
- 12
- Secondary
- 4
- Average rating
- 5.2 / 10
Top-rated schools in St. Thomas
- Eva Circe-Cote FI — elementaryFraser rating 7.1/10
- Southwold — elementaryFraser rating 6.8/10
- Pierre Elliott Trudeau FI — elementaryFraser rating 6.5/10
- St. Joseph's — secondary, St ThomasFraser rating 6.5/10
- Lockes — elementaryFraser rating 6.2/10
- Parkside — secondary, St ThomasFraser rating 6.1/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 221 HIGHVIEW DRIVE
$1,300,000
Multiplex11+255,000–100,000 sqft500-502 COLBORNE STREET, East F, London East
$1,999,000
Multiplex1465,000–100,000 sqft424 EAST 42ND STREET, Hampton Heights, Hamilton
$1,550,000
Multiplex13115,000–100,000 sqft154-156 FREELTON ROAD, Freelton, Hamilton
$1,300,000
Multiplex875,000–100,000 sqft149 - 151 MILL STREET, Creemore, Clearview
$2,988,000
Multiplex14+565,000–100,000 sqft2963 DUNDAS STREET W, Junction Area, Toronto
$3,799,000
Multiplex11+175,000–100,000 sqft27 MOSSOM ROAD W, High Park-Swansea, Toronto
$1,495,000
Multiplex955,000–100,000 sqft407 MAIN STREET E, Springford, Norwich
$2,299,000
Multiplex10+565,000–100,000 sqft1349/1351 QUEEN STREET E, Greenwood-Coxwell, Toronto