2.5 Antrim Street
St. Thomas, St. Thomas, N5P 1S3
FOR SALE
$519,900
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3
BEDROOMS 3
BATHROOMS 2
KITCHENS 8 + 2
ROOMS X14085164
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Property Description
INVESTMENT OPPORTUNITY! Legal 1 1/2 - storey duplex offering 2 self-contained units, ideally located in northwest St. Thomas, just 2 blocks from downtown! The freshly updated main-floor unit features 2 bedrooms, living and dining rooms, 4-piece bath and laundry. Lower level offers an additional legal bedroom, living area and ample storage. The upper unit has been extensively renovated with updated flooring, windows and fresh paint. Ideal for investors or first-time buyers wishing to live in one unit while generating rental income from the other! Potential gross annual income of $36,000, estimated expenses of $5,000 and projected net operating income of $31,000 before debt servicing. Approximate 5.96% cap rate at the $519,900 asking price. Mutual driveway with ONE parking space. Just a 5-minute drive to June Rose Callwood Public School. An excellent opportunity to build equity! Easy to show!
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Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Floor Drain, Separate Hydro Meter, Storage Area Lockers, Upgraded Insulation, Water Heater, Water Meter, Workbench, Mutual, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Address
2.5 Antrim Street
Community
City
Postal Code
N5P 1S3
Property Type
Detached, Detached
Zoning
R4
Lot Size
35' x 73'
Acreage
2,906.2 Feet
Taxes
$2,290 (2025
Basement
Full, Finished
Exterior
Patio, Paved Yard, Porch, Year Round Living
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Royal Lepage Triland Realty
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