94 CHESTNUT STREET, St. Thomas

$325,000

For sale: Vacant Land

Vacant Land at 94 CHESTNUT STREET, St. Thomas
Property type
Vacant Land
MLS®
MLS® X13030962
Neighbourhood
St. Thomas

Prime development opportunity in St. Thomas with R3 zoning, allowing for a range of multi-unit residential uses. This vacant parcel offers excellent potential for builders and investors looking to develop in a growing community with increasing rental demand. This centrally located lot is ideal for multi-family, multi-unit dwellings with additional dwelling units. A rare chance to secure land with flexible zoning in the heart of the city.

Sold data

Homes in St. Thomas — recent sold market

Homes in St. Thomas took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 47, across 140 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $522,500.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$522,500
Sale-to-list ratio
97.5%
Sold above asking
14%

Based on 140 recorded sales in the last 90 days. 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 94 CHESTNUT STREET