67-69 ELIZABETH STREET, St. Thomas
$464,900
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 6 bedrooms, 3 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X13121330
- Neighbourhood
- St. Thomas
Two semi-detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas! Fully tenanted and with a cap rate of just above 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1.5 baths and an attic space which could be used as an additional loft when finished. 69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,200 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.) 32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.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 67-69 ELIZABETH STREET
$489,900
Multiplex531,500–2,000 sqft93 MYRTLE STREET, St. Thomas, St. Thomas
$399,000
Multiplex621,500–2,000 sqft173 ADELAIDE STREET N, East K, London East
$409,000
Multiplex532,000–2,500 sqft980 LORNE AVENUE, East G, London East
$499,900
Detached3+111,100–1,500 sqft77 ELM STREET, East M, London East
$499,900
Detached311,100–1,500 sqft70 TALAVERA CRESCENT, East I, London East
$649,900
Detached311,100–1,500 sqft12 BATTRAM STREET, Lynhurst, Central Elgin
$424,900
Detached31700–1,100 sqft77 FIRST AVENUE, St. Thomas, St. Thomas
$499,900
Detached31700–1,100 sqft586 VICTORIA STREET, East B, London East