93 MYRTLE STREET, St. Thomas

$489,900

For sale: Multiplex

Multiplex at 93 MYRTLE STREET, St. Thomas
Property type
Duplex
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® X12944236
Neighbourhood
St. Thomas

Presenting 93 Myrtle St a well-constructed, architecturally distinctive 2.5-story all-brick legal duplex, commanding a presence in a highly desirable, established neighbourhood in St Thomas. This property is an exceptional, revenue-generating asset defined by its impeccable maintenance and abundant inherent character throughout. The building is configured into two distinct, self-contained dwellings, with the main floor rented for $1595 plus a $50 flat fee for gas, and the upper rented for $1595 plus a $50 flat fee for gas. The spacious upper unit offers three generously sized bedrooms, while the comfortable lower unit features two dedicated bedrooms. Both residences benefit from their own separate kitchens and baths and laundry, ensuring maximum privacy and tenant appeal. A key advantage for ownership and tenancy management is the complete independence of utilities, including separate furnaces and hydro meters. This turnkey investment has been recently enhanced with significant capital improvements, including a newer roof , many newer windows, and dedicated upper and lower patios, providing private, desirable outdoor spaces for each unit. With its robust construction, essential utility separation, and prime location, this duplex represents a superior opportunity for an investor seeking a stable, high-quality addition to their portfolio.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.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 93 MYRTLE STREET