$999,900

For sale

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341 Talbot Street, St. Thomas - Retail for Sale

341 Talbot Street, St. Thomas, Ontario, N5P1B7

2,306 ft²Listed 100 days ago

Overview

This retail property in St. Thomas is for sale offering roughly 2,306 sq ft of space.

Retail Space for Sale in St. Thomas →All real estate in St. Thomas →

$999,900· $434/ft²

For sale

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985 Talbot Street, St. Thomas, Ontario, N5P1E9

63 pkLot size 29,272 sq ft (0.67 ac)

Listed by ROYAL LEPAGE TRILAND REALTY

575 Talbot Street, St. Thomas, Ontario, N5P1C5

For sale

54 days ago

$460K

575 Talbot Street, St. Thomas, Ontario, N5P1C5

2 baLot size 2,439 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

275 Talbot Street, St. Thomas, Ontario, N5P1B3

For sale

61 days ago

$1.29M

275 Talbot Street, St. Thomas, Ontario, N5P1B3

Lot size 3,920 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

370 Talbot Street, St. Thomas, Ontario, N5P1B6

For sale

113 days ago

$489K

370 Talbot Street, St. Thomas, Ontario, N5P1B6

2 ba1,800 ft²

Listed by CENTURY 21 PROPERTY ZONE REALTY INC.

$999,900

St. Thomas

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Description

Mixed use commercial and multi unit residential building on the northeast corner of Talbot and East Streets. Main floor consists of approximately 1600 square feet plus a rear bachelor apartment. Five one bedroom apartments on the second and third floors. 5 Units are rented at $1100 per month. One unit at$950 per month plus utilities. Total rent of $6450.00 plus utilities. Commercial unit is still vacant and can be leased for $3000 easily. Excellent owner occupied investment opportunity. (id:66096)

Market Timing

Days on market

100d

St. Thomas listings, avg age

70d

Price / ft²

$434

List price

$1000K

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (N5P)

This home lists at $999,900, about 12.9× the local median household income of $77,500.

Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 152% above the area median.

Median household income: $77,500
Population: 21,081
Median age: 42.8
Owner / renter: 68% / 32%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N5P)

341 Talbot Street, St. Thomas - Retail for Sale

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Description

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Neighbourhood profile (N5P)