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$4,299,900
Available - For Sale
Listing ID: X12253729
POWER OF SALE: 23-unit, fully vacant, 3-storey walk-up apartment building in the heart of St. Thomas offering the perfect investment opportunity.The building features Twenty-Three fully renovated 1-Bedroom suites, including flooring, kitchens, electrical, common areas and abundance of surface parking for tenants.Potential to add additional units on site given its location to local amenities and arterial road access.Sitting on 0.66 acres of land directly across from the St. Thomas Elgin General Hospital, this property offers investors the perfect location for future tenants, close to amenities including Amazon Fulfillment Centre and Volkswagen's Electrical Battery Plant.Property being sold 'as is, where is'. See Sample Floor Plan Attached.
Price $4,299,900
Taxes: $31,017.74
Tax Type: Annual
Occupancy by: Vacant
Address: 232 Elm Street , St. Thomas, N5R 1J5, Elgin
Postal Code: N5R 1J5
Province/State: Elgin
Legal Description: LT 3-7 BLK 62 PL 65 ST. THOMAS EXCEPT PT
Directions/Cross Streets: Elm St. & First Ave.
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: 15,000
Total Area Code:  Square Feet
Maintenance: 0
Sprinklers: No
Heat Type: Other
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOURCE 4 REALTY INC.

232 Elm Street , St. Thomas, N5R 1J5, Elgin

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Investment
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: x 122.00(Feet)
Approximate Age:
Tax: $31,017.74
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908