43 Queen St
SW, St. Thomas, N5R 3J1
FOR SALE
$559,000
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4
BEDROOMS2
BATHROOMS2
KITCHENS8
ROOMSX10405633
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Property Description
Discover this charming and spacious Up/Down Duplex nestled in the heart of St. Thomas' coveted Courthouse District. Each unit boasts 2 bedrooms and 1 bath, making this property an excellent investment or a home with built-in income potential. Both units feature updated systems with 2 new furnaces and 2 A/C units installed in 2018. The shingles were replaced in 2017 and come with a transferable warranty. The property includes 1 owned water heater (2019) and 1 rented water heater, along with two separate 100 AMP hydro meters for convenience. The upper unit received significant updates in 2018, including a new tub/shower surround, windows, light fixtures, and an upgraded kitchen with new countertops. The beautifully renovated 2-bedroom main floor suite is a rare find that combines modern elegance with everyday convenience featuring a new spacious and bright eat-in kitchen, perfect for casual meals and entertaining, and a newly renovated bathroom featuring a stylish tub/shower, new vanity, and toilet. Each unit has its own laundry and basement access, offering added privacy and convenience. Benefit from two separate driveways, one off Queen St. and another off St. Annes St. providing ample parking space. This property presents a fantastic opportunity to live in one unit while generating rental income from the other. With its blend of historical charm and modern updates, this duplex is perfect for those seeking a vibrant community with all the conveniences of contemporary living. Don't miss out on this unique opportunity to own a piece of St. Thomas' beautiful Courthouse District.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-07 | 2024-03-18 | 40 | $1,800 | $1,800 | Leased |
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 72'
Fronting
East
Taxes
$2,246 (2024)
Basement
Part Fin
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 10.99' x 8.89' | |
| Br | Main | 10.50' x 11.71' | |
| Living | Main | 10.89' x 12.11' | |
| Kitchen | Main | 10.89' x 15.72' | |
| Bathroom | Main | 6.40' x 12.11' | |
| Br | 2nd | 6.00' x 9.28' | |
| Bathroom | 2nd | 6.00' x 11.29' | |
| Kitchen | 2nd | 14.11' x 10.99' | |
| Br | 2nd | 10.89' x 13.62' | |
| Living | 2nd | 12.20' x 10.60' |
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St. Thomas Market Statistics
St. Thomas Price Trend
43 Queen St is a 4-bedroom 2-bathroom home listed for sale at $559,000, which is $59,850 (9.7%) lower than the average sold price of $618,850 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in St. Thomas declined by $54,000 (8.0%) compared to the previous 30 day period (September 21 - October 20) and down $151,150 (19.6%) from the same time one year ago.Inventory Change
There were 13 4-bedroom homes listed in St. Thomas over the last 30 days (October 21 - November 19), which is up 8.3% compared with the previous 30 day period (September 21 - October 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in St. Thomas typically sold ($12,490) (2.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,080 increase compared to the previous 30 day period (September 21 - October 20) and ($19,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in St. Thomas over the last 30 days (October 21 - November 19) stood at 76.9%, down from 83.3% over the previous 30 days (September 21 - October 20) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in St. Thomas stood at 20 days when successfully sold over the last 30 days (October 21 - November 19), compared to 71 days before being removed from the market upon being suspended or terminated.Listing contracted with Oak And Key Real Estate Brokerage, Inc.
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