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199 Forest Avenue, St. Thomas, Ontario N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5
  • 199 Forest Avenue, St. Thomas, Ontario  N5R 2K5

199 Forest Avenue, St. Thomas, Ontario N5R 2K5

$4,900,000

Listing ID: 40475097
  • 51Bedrooms
  • 17Bathrooms
  • 12Parking Space(s)
Property Type
Building Type
Storeys
2
Title
Freehold
Land Size

Description

Rare 17-unit townhome investment opportunity with condo conversion potential. All 17 units have three bedrooms, ample parking and private backyards in a prime location just south of the downtown. The area's thriving amenities and proximity to schools and rapidly growing employment centers (including the VW Battery Plant and the new Amazon facility to name a few) make this location highly desirable. There is an excellent opportunity to increase revenue upon turnover of units with cosmetic renovations. Alternatively, there is the potential to separately title each unit and renovate each unit to sell at market value, creating even more ways to win with this investment. With the local rental market on the rise, these townhomes provide an appealing chance to capitalize on the growing demand and limited supply of housing. This property must be sold with 199 Forest Ave. There is a total of 17 units between the two properties. (id:41195)

Details

Appliances Included
Zoning Description

Building

Bathrooms (Partial)
Bathrooms (Total)
17
Cooling
Wall unit
Exterior Finish
Brick, Vinyl siding
Foundation Type
Block
Heating Fuel
Heating Type
Forced air
Style
Water
Municipal water
Utility Sewer
Municipal sewage system
Flooring
Fireplace
Basement Development
Full (Partially finished)
Bedrooms Above Grade
Listed by PRIME REAL ESTATE BROKERAGE

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SUTTON PREFERRED

SUTTON PREFERRED

181 COMMISSIONERS ROAD WEST, London ON N6J1X9

Office: (519) 438-2222
Fax: (519) 438-1886

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  • Thank you Ty for your support, help and guidance throughout the process, despite some of the snags and challenges that we faced.
    It has all worked out well in the end and we are grateful to you for seeing it through with us.
    All the best to you,
    Sincerely,
    Esther and Rob Fischer

    Esther and Rob Fischer

  • Joyce Byrne sold our house in a week at over asking! Need I say more? But I will!

    We loved working with Joyce! A home inspection and staging advice came as part of her service, she gave us great practical advice on how to get our house ready for sale. I also appreciated how responsive and available she was to us throughout the process, sending us helpful tips on what to expect every step of the way. We are very grateful.

     

    Dharshi Lacey

    Dharshi Lacey

  • “I have been working with Team Beckett – both as a first-time buyer and as a seller.

    I have only kind words to say about them!

    They are honest, patient and 100% dedicated to their customer.

    I remember, as a first-time buyer Sheri made me feel confident and she was patient enough to answer all may questions (lots of questions and concerns), while Terry made me feel safe!

    As a buyer a was inpatient as I needed a fast closing, Team Beckett was there for me and I ended up selling the house in short time and with a way better price than I expected.

    I was impressed how well they know their market and vast knowledge and connections they have with anything related to real estate.

    Thank you, Team Beckett.

     Keep up the amazing work you do!  “

    Cristina, from Woodstock

    Cristina

  • Joyce, I just wanted to say “thank you” for your excellent service.

    You and your team prepared me for what to expect in the selling process and how to get ready for showings. You are friendly, knowledgeable and professional!

    In summary, my hopes for the sale of my property were exceeded beyond my wildest expectations!! I would refer anyone selling their property to you and your team.

    Patricia Moulton

    Patricia Moulton

  • Selling my parents’ house was the easiest part of the estate process, thanks to Team Beckett. After considering other agents’ advice as to the target price and type of buyer, I placed my bet on Terry Beckett, and I am so glad I did! He formulated a sales strategy that worked for my situation. For a little more money he could advertise widely and build momentum. Terry delivered on every promise, as did the family team. Like a well-oiled machine Sheri handled the phone calls, Joy wrote a very appealing property description, Terry E.W. filled in where needed. With an open house and multiple realtors bringing over 70 diverse clients, 10 great offers were made and a the house was sold. I am still pinching myself!
    Anne

    Anne

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199 Forest Avenue, St. Thomas, Ontario N5R 2K5
$4,900,000
40475097
Subject Take a look at this property MLS Number# 40475097

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