40 Barnes Street
St. Thomas, St. Thomas, N5R 2V5
FOR SALE
$599,900
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
4 + 1
BEDROOMS 3
BATHROOMS 3
KITCHENS 15
ROOMS X13536296
MLSID Contact Us
Property Description
INVESTMENT OPPORTUNITY AWAITS - This turnkey Duplex with a legal basement apartment is located on a large 70' wide lot on a quiet street in the heart of St Thomas and close to all amenities. MAIN FLOOR UNIT - Accessed through the side door, this unit features 2 Bedrooms, Livingroom, Kitchen with Refrigerator and Stove included, and 4 Piece Bath - Currently vacant but lease potential of $1,800 per month Plus 1/2 Hydro. UPPER UNIT - Accessed through the front door, this unit features 2 Bedrooms, Livingroom, Kitchen with Refrigerator and Stove included and a 3 piece Bath - Currently leased at $1,550 per month on a month - month basis plus hydro. BASEMENT UNIT - Access is through the rear door and features 1 Bedroom with a fire coded egress window, Livingroom, Kitchen with Refrigerator and Stove included, and a 3 Piece Bath - Currently vacant but lease potential of $1,200 per month + 1/2 hydro. UTILITIES - Landlord pays for Enbridge gas heat and common hydro usage, 3 electrical meters - one for upper, one for main and basement and 1 for common area and the 3 Hot water tanks are owned. OUTSIDE - The double wide paved drive is large enough to handle 3-4 vehicles with access to the Garage for storage of lawn equipment. LAUNDRY - A condensing Washer and Dryer unit is located in each unit for use by the tenants. SAFETY - Smoke and CO Detectors on all 3 levels are linked to provide added safety. INCOME AND EXPENSES - Based on 2025 costs - Insurance $2,787.92, Enbridge Gas $1,079.36, Property Taxes $2,738.00, Entegrus hydro/water/sewer $1,152 offering a 6.5% CAP Rate. ADDITIONAL RESIDENTIAL UNITS - Explore adding Additional Residential Units in the rear / side yard or possibly severing the side yard to increase the investment potential of this property. NEXT STEPS - With the explosive growth happening in St Thomas, don't wait to schedule an appointment today to checkout your next invest opportunity
Call
Property Features
Park, Water Heater Owned, Private
Call
Property Details
Address
40 Barnes Street
Community
City
Postal Code
N5R 2V5
Property Type
Duplex, Duplex
Zoning
R4
Lot Size
71' x 101'
Taxes
$2,738 (2025
Basement
Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Detached
Call
Listing contracted with Coldwell Banker Star Real Estate
Presenting 93 Myrtle St a well-constructed, architecturally distinctive 2.5-story all-brick legal duplex, commanding a presence in a highly desirable, established neighbourhood in St Thomas. This property is an exceptional, revenue-generating asset defined by its impeccable maintenance and abundant inherent character throughout. The building is configured into two distinct, self-contained dwellings, with the main floor rented for $1595 plus a $50 flat fee for gas, and the upper rented for $1595 plus a $50 flat fee for gas. The spacious upper unit offers three generously sized bedrooms, while the comfortable lower unit features two dedicated bedrooms. Both residences benefit from their own separate kitchens and baths and laundry, ensuring maximum privacy and tenant appeal. A key advantage for ownership and tenancy management is the complete independence of utilities, including separate furnaces and hydro meters. This turnkey investment has been recently enhanced with significant capital improvements, including a newer roof , many newer windows, and dedicated upper and lower patios, providing private, desirable outdoor spaces for each unit. With its robust construction, essential utility separation, and prime location, this duplex represents a superior opportunity for an investor seeking a stable, high-quality addition to their portfolio.
Call
Handyman's paradise 400 ft workshop / garage with 16x7 front overhead power door and rear 8x7 door for vehicle access to backyard with new (25) 30,000 BTU ceiling mounted gas furnace with work benches & shelving & 100 amp dedicated panel with (2) 200 amp plugs. This spacious two-story semi has three bedrooms two and a half baths on an outside corner lot 109.49 ft backyard. Asphalt drive with room for three vehicles plus two in the garage fully landscaped flower bed with sequenced blooming all year. Rear 16 ft by 14 ft deck new in (21) 8 ft by 10 ft wood shed; roof shingles 2016 and all eavestroughs have gutter guards. Main floor brilliant dining room with two skylights 5 floor to ceiling windows with access to deck and massive country kitchen with center island and cabinets all around. Upper level three spacious bedrooms with three-piece cheater-ensuite. Lower level family room with gas fireplace, laundry room plus three piece bathroom with soaker tub for 2 people. Lots of storage. This home is in a quiet neighborhood with bus stop at the end of Gregory place and Forest public school 5-minute walk and central high school 15-minute walk. Move in ready! Pick your closing date!
Call
Up and down duplex in Courthouse location. Upper unit is vacant. Main level is currently rented for $1,150.00 + hydro. Could easily be converted to single family residential. Main floor includes, two bedrooms, back kitchen with easy access to back deck, spacious living room, and front dining room. Second floor provides 2 bedrooms, living room, good size kitchen, and 3 pc bath. Other features covered front porch, large back deck, updated doors at back, gutter guards on troughs, onsite laundry accessible from both units. Laundry is currently included in main floor tenants rent. Tenant is month to month. Upper unit was rented for $1,000.00 / month + hydro. Owner pays for heat, water and some of the hydro. Vacant possession is possible, but all Landlord Tenant Board rules must be followed.
Call
Call