370 TALBOT STREET, St. Thomas

$489,000

For sale: Other

Other at 370 TALBOT STREET, St. Thomas
Property type
Commercial Retail
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13559158
Neighbourhood
St. Thomas

Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential. Buyer and Buyer's Representative to verify all measurements, dimensions, specifications, and all other information to their own satisfaction prior to submitting an offer.

Sold data

Homes in St. Thomas — recent sold market

Homes in St. Thomas took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 54, across 175 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.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 $524,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$524,900
Sale-to-list ratio
97.9%
Sold above asking
11%

Based on 175 recorded sales in the last 90 days. 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 370 TALBOT STREET