33 STATION STREET, St. Thomas

$800,000

For sale: Multiplex

Multiplex at 33 STATION STREET, St. Thomas
Property type
Investment
Bedrooms / bathrooms
6 bathrooms
MLS®
MLS® X13484876
Neighbourhood
St. Thomas

Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. The building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hot spot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the income potential. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Don't miss out on this fantastic 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.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 33 STATION STREET