70 STOKES ROAD, St. Thomas

$2,999,000

For sale: Multiplex

Multiplex at 70 STOKES ROAD, St. Thomas
Property type
Multiplex
Bedrooms / bathrooms
24 bedrooms, 12 bathrooms
Living area
100,000 sqft
MLS®
MLS® X12545818
Neighbourhood
St. Thomas

Well-maintained 12-unit apartment building ideally located directly across from Elgin Mall. Select units have been fully updated, featuring granite countertops, stainless steel appliances, dishwashers, and microwave ovens. Each apartment offers a private balcony and is plumbed for in-suite laundry. All units are individually metered for hydro. The property has been well cared for and is in excellent overall condition, making it a solid investment opportunity in a prime, high-visibility location.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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 FIelementaryFraser rating 7.1/10
  • SouthwoldelementaryFraser rating 6.8/10
  • Pierre Elliott Trudeau FIelementaryFraser rating 6.5/10
  • St. Joseph'ssecondary, St ThomasFraser rating 6.5/10
  • LockeselementaryFraser rating 6.2/10
  • Parksidesecondary, St ThomasFraser rating 6.1/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 70 STOKES ROAD