St. Thomas N5R 5H6
Canada

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 6
Pets: No Pets Allowed

Financials

Price:C1,800,000
($1,291,800)
(€1,120,500)
Annual Taxes:C8,934.54
505 Park Ave, New York, NY 10022

Rare Opportunity for Investors Seeking Quality Cash Flow.

Description

Rare Opportunity for Investors Seeking Quality + Cash Flow. This purpose-built 6-unit apartment building is the kind of investment that doesn't come along often. Constructed with solid concrete floors and exterior walls, every suite is essentially its own firebox -offering exceptional durability, safety, and long-term value. Perfectly positioned right across from the Elgin Mall, tenants enjoy unmatched convenience with shopping, transit, and amenities just steps away. Inside, each updated unit impresses with: stainless steel appliances, laminate flooring throughout, plank porcelain bathroom tile porcelain-tiled kitchens and all-wood trim and doors for a warm, modern finish. Additional income and ease of management come from the on-site coin laundry located on the lower level. Every unit also features its own water heater and is separately metered for hydro, giving investors full control over operating costs and boosting profitability. Whether you're expanding your portfolio or securing a stable, low-maintenance asset, this property checks all the boxes.

Amenities

  • City
  • Controlled Entry
  • Floor Drain
  • Landscaped
  • Separate Heating Controls

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.