232 Elm Street
St. Thomas, N5R 1J5
FOR SALE
$4,299,900

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Investment
CATEGORY15,000 Sq Ft
TOTAL AREAX12253729
MLSIDContact Us
Property Description
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.
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Property Details
Address
232 Elm Street
Community
City
Postal Code
N5R 1J5
Property Type
Investment, Investment
Use
Apartment
Zoning
R5
Lot Size
244' x 122'
Total Area
15,000 Sq Ft
Taxes
$31,018 (2024
Heat Type
Other
Water
Municipal
Garage Type
None
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Listing contracted with Source 4 Realty Inc.
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