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$249,900
St. Thomas
45 Locust Street, St. Thomas, Ontario, N5R2C2
This 5-bedroom, 2-bathroom home in St. Thomas is for sale offering roughly 1,750 sq ft of space. It has been on the market 51 days, fresher than the St. Thomas average of 71 days.
Welcome to 45 Locust Street, a spacious two-storey home situated in a quiet and established St. Thomas neighbourhood. Offering five bedrooms, two bathrooms, and plenty of potential, this property presents an exciting opportunity for investors, renovators, flippers, or buyers looking to bring their vision to life. The home is currently vacant and is being sold as-is, where-is, allowing the next owner to take on a project with the freedom to renovate, update, and reimagine the space to suit their goals. With its generous layout and excellent bedroom count, the property offers a strong starting point for those looking to create a comfortable family home, explore rental potential, or add value through improvements. Zoned R3, the property may also offer future development or expansion possibilities, subject to the buyer's due diligence and municipal approvals. Located in a peaceful neighbourhood with convenient access to local amenities, schools, shopping, and other services, 45 Locust Street is a property full of possibilities. If you're searching for a renovation project with space, potential, and room to make it your own, this could be the opportunity you've been waiting for. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 71 days across the listings currently for sale in this city
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.
This 5-bed single family in St. Thomas has been listed for 51 days, which is 20 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $249,900, about 3.1× the local median household income of $80,000.
Carrying it typically needs a household income of about $48,814 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N5R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.