$489,000
( $271.67Per Sq Foot )
 $2,625 est/mo Sourced by Back At You

370 Talbot Street,St. Thomas, ON N5P1B6

St. Thomas, ON N5P1B6

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Description

Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential. (id:13843)

Details

MLS #X13559158
Listing TypeFor Sale
StatusActive
Days On Site102
Listing Provided ByCENTURY 21 PROPERTY ZONE REALTY INC. | GURPREET SINGH BUTTER

Features

Bath(s) 2 Total
SQ Feet1,800
ZoningC2

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount4583.71

Area Information

ProvinceON
CitySt. Thomas
Postal CodeN5P1B6
Listing VS Median (in N5P1B6)
Price:
$489,000
low | high
Med:
$489,000
50% of Average
sqft:
1,800
low | high
Med:
1,800
50% of Average
$ / sqft:
$272
low | high
Med:
$272
50% of Average
On site:
102
low | high
Med:
102
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CitySt. Thomas
Postal CodeN5P1B6
Listing VS Median (in N5P1B6)
Price:
$489,000
low | high
Med:
$489,000
50% of Average
sqft:
1,800
low | high
Med:
1,800
50% of Average
$ / sqft:
$272
low | high
Med:
$272
50% of Average
On site:
102
low | high
Med:
102
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $366K - $611K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
41 HINCKS STREET Property Photo 1
$589,500
41 Hincks Street
St. Thomas, ON N5R3N8
44 ELGIN STREET Property Photo 1
$512,900
44 Elgin Street
St. Thomas, ON N5R3M1
Listing Updated: October 20, 2026 at 8:22:34 AM PDT