$365,000
$369,900
1.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
SOLD DATE : 04/03/2025
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision St. Thomas
MLS Listing ID X11976147
Sold Date 04/03/25
Style 2-Storey
Bedrooms 3
Building Age 100+
Annual Tax Amount $2,113
Tax Year 2024
Property Sub-Type Duplex
Property Description
Located on a dead-end street, this brick 2 storey duplex offers both comfortable living space plus potential for rental income making it an ideal choice for savvy investors and homeowners alike. The main floor 2 BR unit, featuring spacious principal rooms, mainfloor laundry, kitchen access to the deck and fully fenced backyard was previously owner-occupied and is now vacant, presenting an excellent opportunity for new occupants or potential rental income. The well-maintained unit is ready for immediate occupancy. The upstairs unit features a large bedroom across the front and its own gas wall furnace heat source. It is currently rented month to month for $840.00 per month plus heat and hydro. Anticipate a slight increase in rental income as the rent will rise to $861.00 starting March 1st. The steady tenancy offers a source of income OR envision this property restored back to a large single family home with double foyer and curved staircase. The single garage with hydro ensures convenient storage or parking and has a shared divider wall from the neighbours half. The driveway is wider at the front (1 spot for the tenant in front of house) plus an additional 3 vehicles in the single drive to the garage. (no sign on property)
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Zoning R4
Rooms
Family Room Yes
Basement Unfinished
Kitchen 2
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls, Primary Bedroom - Main Floor, Water Heater Owned
Cooling None
Exterior
Exterior Feature Porch, Deck
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 36.7
Lot Depth 132.0
Total Parking Spaces 4
Building
Foundation Poured Concrete, Stone
Others
ParcelsYN No
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