$999,900
For sale: Other

Mixed use commercial and multi unit residential building on the northeast corner of Talbot and East Streets. Main floor consists of approximately 1600 square feet plus a rear bachelor apartment. Five one bedroom apartments on the second and third floors. 5 Units are rented at $1100 per month. One unit at$950 per month plus utilities. Total rent of $6450.00 plus utilities. Commercial unit is still vacant and can be leased for $3000 easily. Excellent owner occupied investment opportunity.
Sold data
Homes in St. Thomas took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 55, across 162 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.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 $517,000.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 162 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

$999,999
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