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$ 1,700,000
Est. payment /mo
New
221 HIGHVIEW DRIVE St. Thomas, ON N5R5H6
12 Beds
6 Baths
5,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $340
Subdivision St. Thomas
MLS® Listing ID X12544280
Bedrooms 12
Source London and St. Thomas Association of REALTORS®
Property Description
Rare Opportunity for Investors Seeking Quality + Cash Flow. This purpose-built 6-unit apartment building is the kind of investment that doesn't come along often. Constructed with solid concrete floors and exterior walls, every suite is essentially its own firebox, offering exceptional durability, safety, and long-term value. Perfectly positioned right across from the Elgin Mall, tenants enjoy unmatched convenience with shopping, transit, and amenities just steps away. Inside, each updated unit impresses with stainless steel appliances, tiled flooring throughout, plank porcelain bathroom tile, porcelain-tiled kitchens and all-wood trim and doors for a warm, modern finish. Additional income and ease of management come from the on-site coin laundry located on the lower level. Every unit also features its own water heater and is separately metered for hydro, giving investors full control over operating costs and boosting profitability. Whether you're expanding your portfolio or securing a stable, low-maintenance asset, this property checks all the boxes. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling Wall unit
Exterior
Parking Features No
View Y/N Yes
View City view
Total Parking Spaces 7
Private Pool No
Building
Lot Description Landscaped
Story 2.5
Sewer Sanitary sewer
Others
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Listed by ROYAL LEPAGE TRILAND REALTY