7 CHURCH STREET, St. Thomas
$699,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 6 bedrooms, 4 bathrooms
- Living area
- 3,500 sqft
- MLS®
- MLS® X13658906
- Neighbourhood
- St. Thomas
Solid Brick Legal Fourplex for Sale. This well-maintained investment property offers two 1-bedroom units and two 2-bedroom units, all with long-term tenant retention. Tenants pay their own hydro and water. Additional features include private upper and lower sun decks for each unit, along with ample parking for all residents. Mature 20-ft cedar hedges provide exceptional privacy. The property is heated by a newer computerized gas hot water heating system, delivering excellent cost efficiency. The hot water heating System is rented, with all servicing and parts included. An excellent opportunity to acquire a turnkey, income-generating fourplex in a desirable and quiet neighborhood. Unit 3 has been recently updated with new kitchen cabinets, countertops, vinyl flooring, and a brand-new tub surround.
Sold data
Multiplex homes in St. Thomas — recent sold market
Multiplex homes in St. Thomas took a median of 47 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $519,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 47
- Median sale price
- $519,900
- Sale-to-list ratio
- 96.3%
- 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 7 CHURCH STREET
$670,000
Multiplex6+231,500–2,000 sqft140 HIGHBURY AVENUE N, East O, London East
$844,900
Multiplex5+22700–1,100 sqft54 PEBBLE BEACH COURT, Woodstock - South, Woodstock
$970,000
Multiplex8119 MYRTLE STREET, Aylmer, Aylmer
$721,990
Other6+233,000–3,249 sqft5 - 1430 HIGHBURY AVENUE N, East D, London East
$770,000
Detached5+142,500–3,000 sqft20 VALDERRAMA LANE, St. Thomas, St. Thomas
$790,000
Detached6+242,500–3,000 sqft20437 MELBOURNE ROAD, Middlemiss, Southwest Middlesex
$549,899
Detached4+11700–1,100 sqft26 SINCLAIR AVENUE, St. Thomas, St. Thomas
$760,000
Detached6+252,000–2,500 sqft882 KETTLERIDGE STREET, North M, London North