$699,900

For sale

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82 WELLINGTON Street, St. Thomas - Multi-family for Sale

82 WELLINGTON Street, St. Thomas, Ontario, N5R2R2

7 beds4 baths4 parking ft²

44 JACKSON Street, St. Thomas, Ontario, N5P2R9

30 bd24 ba24 pk10,000 ft²

Listed by Peak Realty Ltd.

57 ROSEBERY Place, St. Thomas, Ontario, N5R2H9

For sale

8 days ago

$650K

57 ROSEBERY Place, St. Thomas, Ontario, N5R2H9

4 bd3 ba4 pk350 ft²Lot size 50 × 132 ft (6,600 sq ft)

Listed by RIGHT AT HOME REALTY

24 HINCKS Street, St. Thomas, Ontario, N5R3N6

For sale

8 days ago

$650K

24 HINCKS Street, St. Thomas, Ontario, N5R3N6

3 bd4 ba3 pk350 ft²Lot size 46 × 107 ft (4,913 sq ft)

Listed by RIGHT AT HOME REALTY

69 KAINS Street, St. Thomas, Ontario, N5P1N5

For sale

15 days ago

$470K

69 KAINS Street, St. Thomas, Ontario, N5P1N5

4 bd2 ba4 pk1,750 ft²Lot size 44 × 64 ft (2,816 sq ft)

Listed by TEAM GLASSER REAL ESTATE BROKERAGE INC.

Investment analysis

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$699,900

St. Thomas

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77 × 78 ft (6,029 sq ft) lot size

Overview

This multi-family property in St. Thomas is for sale offering roughly 350 sq ft of space. It has been on the market 8 days, fresher than the St. Thomas average of 71 days.

Multi-Family Properties for Sale in St. Thomas →All real estate in St. Thomas →

Description

Extensively renovated 4 plex with high end finishings with state of the art utility systems. Separate hydro and water meters for all units. Hot water for the building is metered through Unit 1 meter. All reno's that have been completed were done professionally. Solid surface kitchen counters, updated kitchen cabinets and updated bathrooms. Walk to all amenities. Schools and shops near by. Major factories coming to St Thomas include 1. PowerCo SE (Volkswagen Group) EV Battery Gigafactory, 2. Vianode Synthetic Graphite Plant, and 3. Element5 Mass Timber Expansion. (id:66096)

Property Details

MLS®: X14118898
Property Type: Multi-family
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 4
Parking: 4
Interior Size: 350 ft²
Lot Size: 77 × 78 ft (6,029 sq ft)
Frontage: 77 ft
Storeys: 3
Basement: Unfinished, Full
Heating: Radiant heat, Natural gas
Garage: No Garage
Property Tax: $4,787/yr
Listed: 8 days ago

Features

Appliances: All, Water meter, Window Coverings, Water Heater
Foundation: Stone, Concrete
Exterior: Brick, Vinyl siding
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

St. Thomas listings, avg age

71d

Price / ft²

$2,003

List price

$700K

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.

Haho

This 7-bed multi-family in St. Thomas has been listed for 8 days, which is 63 days fresher than the city average of 71. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · LLOYD NORDSTROM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5R)

This home lists at $699,900, about 8.7× the local median household income of $80,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.

Median household income: $80,000
Population: 30,680
Median age: 44.8
Owner / renter: 74% / 26%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N5R)

$699,900· $2,003/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$399/mo

Total monthly$4,030

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice