$699,900
For sale: Multiplex

Extensively renovated 4 plex with high end finishings with state of the art utility systems. Separate hydro and water meters for all units. Hot water for the building is metered through Unit 1 meter. All reno's that have been completed were done professionally. Solid surface kitchen counters, updated kitchen cabinets and updated bathrooms. Walk to all amenities. Schools and shops near by. Major factories coming to St Thomas include 1. PowerCo SE (Volkswagen Group) EV Battery Gigafactory, 2. Vianode Synthetic Graphite Plant, and 3. Element5 Mass Timber Expansion.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.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.
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
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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