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77 East Street, St. Thomas, Ontario N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4
  • 77 East Street, St. Thomas, Ontario  N5P 2R4

77 East Street, St. Thomas, Ontario N5P 2R4

$2,970,000

Listing ID: 40332634
  • 17Bedrooms
  • 18Bathrooms
  • 18Parking Space(s)
Property Type
Building Type
Storeys
3
Title
Freehold
Land Size
0.671 0.671 ac|1/2 - 1.99 acres

Description

Rare opportunity to acquire an 18-unit purpose-built apartment building in a prime St. Thomas location. Take advantage of a strong local economy and hot rental market. The property features 17 1-bedroom units and 1 bachelor unit. Six units have been recently renovated. Upper units have balconies with incredible views of Athletic Park. Solid concrete/steel construction, functional unit layouts, 2012 roof membrane, 2009 windows and ongoing improvements! Great opportunity to create value through renovations - approximately 64% upside in rental income. Detailed financials and further building information available. (id:41195)

Details

Appliances Included
Backs on greenbelt, Park/reserve, Conservation/green belt, Laundry- Coin operated
Zoning Description

Building

Bathrooms (Partial)
Bathrooms (Total)
18
Cooling
None
Exterior Finish
Brick, Concrete, Steel
Foundation Type
Heating Fuel
Heating Type
Hot water radiator heat
Style
Water
Municipal water
Utility Sewer
Municipal sewage system
Flooring
Fireplace
Basement Development
Unfinished
Bedrooms Above Grade
Listed by PRIME REAL ESTATE BROKERAGE

Presented By

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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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  • “Thanks again Joyce for everything, I truly appreciate your help with this very challenging transaction especially since I have to sell a property well living out of the country and under difficult circumstances. If I or anyone I know is in need of any real estate services in Ontario I will definitely recommend you!”

    Blaine Dowdle
    London, On

    Blaine Dowdle

  • Joyce suggested exactly how to market the property we had to sell to settle my father’s estate.

    She promoted it so we could get an “over the asking price” result, & it worked!

    The sale was quick and easy, as we were out of town Joyce managed the property for us.

    Here experience really paid off!

    Dawn & Dave Rigby, Georgetown Ontario

    Dawn & Dave Rigby

  • This was my fourth time purchasing a home and was my best experience by far! Sheri went beyond my expectations in terms of how quickly she responded each and every time. It was quick, it was painless, and her friendly personality made it pleasant the whole way through! Would strongly recommend using Team Beckett – Wayne

    Wayne

  • “The follow up never stops with Joyce Byrne.

    Just wanted to say – I thought once the house sold that you would be off.  If anything your service keeps getting better.

    Wouldn’t dream of using another agent, I would recommend Joyce Byrne without reservation to a friend or family member.

    The tips, help and advice (especially to a novice like myself) have turned this experience into a pleasant, exciting time for me.

    Thank you Joyce for EVERYTHING you have done to make this happen for me and my family.”

    You are the best!

    CHRIS RAWLINGS

    Chris Rawlings

  • Thank you Joyce for your hard work and your commitment to finding just the right property for us.

    You were always available and receptive to our needs, showing us properties as soon as they came available.  As well, your advice and recommendations were greatly appreciated.  You have a wonderful, personal touch and we are so appreciative of all you’ve done.

    Thank you, thank you, thank you!

    Warmest regards,
    Michelle Sims
    London ON

    Michelle Sims

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77 East Street, St. Thomas, Ontario N5P 2R4
$2,970,000
40332634
Subject Take a look at this property MLS Number# 40332634

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