$975,000
For sale: Detached

Client Remarks: Great high exposure Multi - purpose Property. The property consists of small Bungalow Two Bedroom, approx. 651 sq.ft. with full unfinished basement, currently rented for $1600 mthly. inclusive, plus approx. 2000 sq.ft. additional building, consisting of a 2 bedroom 1200 sq.ft. apartment. Landlord pays all utilities, plus approx. 800sq.ft. 2 car garage with workshop & kitchen & bathroom. Large lot, great location to add additional building or additions. Plus separate vinyl carport, approx. 600 sq.ft. with electricity and 10 ft. door, large parking area, easy access location, corner of Highbury and South Edgeware. Zoning Permits many possible uses, plus included 3 fridges, 3 stoves, one freezer, two washer and two dryer. Both units separate gas furnaces, hydro and one water meter at house. Landlord pays approx.Perfect spot for Trades man or Development, zoning allows many permitted uses.
Sold data
Detached homes in St. Thomas took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 44, across 116 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $549,900.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 116 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.
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