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LOADING

For sale
$1,950,000
584 COMMISSIONERS ROAD W, London South, Ontario

584 Commissioners Road W

London South, Ontario

Prime Development Opportunity in Sought-After West London! Unlock the potential of this exceptional nearly 1-acre development site, perfectly positioned just steps from the vibrant intersection of Commissioners Rd West and Wonderland Road. This near shovel-ready property comes with a proposed plan for a modern stacked townhome community, featuring 26 stylish units across two architecturally designed buildings. Whether you're a seasoned builder or a savvy investor, this is your chance to break ground in one of London's most desirable neighbourhoods. Surrounded by top-tier amenities, shopping, dining, and convenient transit options, this A+ location promises strong market appeal and future growth. Don't miss this rare opportunity to bring a visionary residential project to life in a high-demand area. (id:60297)

0 - 699 sqft

Thrive Realty Group Inc.

For sale
$249,900
UNIT 1 - 1700 HYDE PARK ROAD, London North, Ontario

Unit 1 - 1700 Hyde Park Road

London North, Ontario

Well established restaurant in busy retail area of north west London. Currently set up as an Italian format restaurant however easily reformatted to any style or theme. Sale price is based on value of chattels, fixtures, equipment etc. and existing lease. While the operating name is transferrable, no financials are available for the current operation. Plaza tenant mix includes Oxford Learning, Wellness Centre, Subway, Annie's Chocolates and Wonder Kitchen and Bath. Direct exposure and access to Hyde Park Road. Ample on site parking. Located just down the street from the Northwest London SmartCentres with Canadian Tire, Walmart, Winners, Homesense, LCBO etc. Unit is 1,976Sf. Monthly Rent $6,464 + HST. Lease ends April 30 2029 with 2 x 5 year renewals available. Potential for new head lease with landlord. DO NOT GO DIRECT. (id:60297)

Thrive Realty Group Inc.

For sale
$649,900
296 HURON STREET W, South Huron, Ontario

296 Huron Street W

South Huron, Ontario

Welcome to this beautifully updated duplex in one of Exeter's most desirable neighbourhoods. With a durable metal roof, ample parking, and bright, spacious units throughout, this property offers both comfort and long-term value in a growing community. The upper unit features 3 generous bedrooms filled with natural light, while the lower unit offers a bright 2-bedroom suite with a warm, inviting feel. Thoughtful updates throughout create spaces that are easy to maintain and attractive to today's tenants or owner-occupants alike. Whether you're adding a solid performer to your investment portfolio or looking for a creative way to enter the market by living in one unit and generating income from the other, this is a standout opportunity in a highly sought-after Exeter location. Exeter continues to gain attention as one of Huron County's most desirable places to live and invest, thanks to its strong local economy, full-service hospital, excellent schools, and vibrant downtown. With its convenient access to London and the Lake Huron shoreline, the town attracts a steady mix of families, professionals, and retirees, supporting a healthy rental market and long-term property values. (id:60297)

5 Bedroom 2 Bathroom 1100 - 1500 sqft

Sutton Group - Select Realty

For sale
$369,900
79 DEERFIELD ROAD, South Huron, Ontario

79 Deerfield Road

South Huron, Ontario

PLEASE CONTACT MUNICIPALITY TO HAVE DIRECTION AS TO MUNICIPAL GUIDELINES FOR BUILDING (id:60297)

Coldwell Banker Star Real Estate

For rent
$2,650 Monthly
71 - 1040 CORONATION DRIVE, London North, Ontario

71 - 1040 Coronation Drive

London North, Ontario

End unit townhouse located in desirable Hyde Park. 3 Bedroom, 2.5 Bathroom, Double garage (front and back), 3 parking spaces. Second level has open concept kitchen with stainless, steel appliances, huge island and quartz countertops. A spacious living area that leads to the balcony, eating area and powder room. Third level has three large bedrooms. The primary bedroom with ensuite bath and walk in closet, Other two bedrooms share a full bath. Available July 1, 2026. (id:60297)

3 Bedroom 2 Bathroom 1600 - 1799 sqft

Century 21 First Canadian Corp

For sale
$419,900
B - 129 SYMES STREET N, Southwest Middlesex, Ontario

B - 129 Symes Street N

Southwest Middlesex, Ontario

Beautifully finished and move-in ready, this 3-bedroom, 3-bathroom freehold townhouse offers stylish living in a quiet, family-friendly location. The bright main floor features a functional open-concept layout with a spacious kitchen, dining area, and living room that flow seamlessly together. The kitchen is complete with granite countertops, stainless steel appliances, and ample cabinetry, while the inviting living room showcases stunning floor-to-ceiling built-ins. A convenient powder room completes the main level. Step outside to the oversized deck, perfect for morning coffee, summer barbecues, and entertaining. The fully fenced backyard offers exceptional privacy with plenty of room for kids and pets to play, along with a cozy fire pit area to enjoy evenings outdoors. Upstairs, you'll find three spacious bedrooms filled with natural light, as well as a stylish 4-piece bathroom. The finished lower level provides additional living space with a large rec room ideal for a home gym, media room, playroom, or relaxing retreat, plus an additional powder room for added convenience. Additional features include engineered hardwood flooring throughout the upper two levels, custom window coverings, owned water heater, oversized concrete driveway, and no condo fees. Located on a quiet dead-end street, this home is perfect for families, downsizers, or anyone looking for low-maintenance living with extra space. (id:60297)

3 Bedroom 3 Bathroom 700 - 1100 sqft

Royal LePage Triland Realty

For sale
$674,900
5 HULL ROAD, Strathroy-Caradoc, Ontario

5 Hull Road

Strathroy-Caradoc, Ontario

Welcome to 5 Hull Road, a beautifully restored 1872 cottage blending timeless character with the comfort and peace of modern living. Situated on a picturesque 1/3-acre lot and offering over 2100 sq ft of one floor living space, this one-of-a-kind property has undergone an extensive transformation while carefully preserving its original charm and history. Professionally stripped to the studs and restored in 2018 with upgrades including electrical, plumbing, ductwork, insulation, windows and a gas fireplace insert, creating a home that is not only beautiful but thoughtfully updated for modern living. The original cottage character remains throughout, including the original doorbell, restored trim work, crown moldings, vintage flash glass front doors, stunning architectural details rarely found today. The impressive 1200 sq ft addition creates spacious, light -filled living areas designed for both relaxation and entertaining. The heart of the home is the expansive kitchen and dining area featuring 3 natural skylights, abundant cabinetry, 26ft counter space, in-floor heating, and warm natural light throughout. The inviting sitting room with wood stove offers the perfect place to unwind after a long day. A convenient half bath and laundry area complete the thoughtfully designed interior. Step outside and discover your own private natural-inspired retreat. The 16 ft x 34 ft cement inground pool features solar blanket and elephant safety cover, while the beautifully landscaped grounds are filled with mature trees, perennial gardens, raised garden beds, and a wide variety of natural species that create a peaceful and serene setting. The detached garage/workshop adds tremendous versatility for hobbyists, storage or workplace needs. This property offers the rare opportunity to own a restored piece of history while enjoying the privacy, functionality, and lifestyle today's buyers are searching for. Don't hesitate book your private showing today and make this house your home! (id:60297)

3 Bedroom 2 Bathroom 2000 - 2500 sqft

Synergy Realty Ltd

For sale
$829,000
551 SCENIC COURT, Warwick, Ontario

551 Scenic Court

Warwick, Ontario

Welcome to this stunning 2-storey home in the heart of Watford, Ontario, offering over 2,500 square feet of beautifully finished living space. Thoughtfully designed for both comfort and functionality, this spacious home features 5 bedrooms and 2.5 bathrooms, ideal for growing families or those who love to entertain. Upstairs, you'll find four generous bedrooms, including a spacious primary suite complete with a walk-in closet and a private ensuite bathroom, your own peaceful retreat at the end of the day. The basement is partially finished, offering a fifth bedroom, perfect for guests, a home office, or a personal gym. The heart of the home is the beautifully designed kitchen, featuring a large island with built-in storage, quartz countertops, stainless steel appliances, and plenty of cabinetry. Whether you're hosting a dinner party or enjoying a quiet family meal, this space is both stylish and practical. Step outside to your own backyard oasis with oversized yard, complete with a private hot tub for year-round enjoyment. The property also includes an attached 3-car garage plus a detached 1-car garage perfect for extra vehicles, hobbies, or storage. Located in a quiet, family-friendly neighborhood, this exceptional home offers the perfect blend of small-town charm and modern living. A must-see! (id:60297)

5 Bedroom 3 Bathroom 2000 - 2500 sqft

Sutton Group Preferred Realty Inc.

For sale
$699,000
667 DUNDAS STREET, London East, Ontario

667 Dundas Street

London East, Ontario

Free-standing retail building with two street-front units for sale in Old East Village. Both units have been completely renovated and each offers approximately 18 ft frontage and 112 ft depth. Each unit includes a basement, and the spaces are interconnected, allowing the property to be used as one large unit or as two separate retail spaces.Currently, one of the units is occupied. The property is zoned for a variety of business uses, making it an excellent opportunity for investors or owner-operators. Convenient street parking is available at the front, with additional city parking located at the rear of the building.Please contact the listing agent for more information or to book a viewing appointment. (id:60297)

4000 sqft

Century 21 First Canadian Corp

For sale
$235,000
810 - 573 MORNINGTON AVENUE, London East, Ontario

810 - 573 Mornington Avenue

London East, Ontario

Welcome to this beautifully updated 2-bedroom, 1-bathroom condo offering comfort, convenience, and exceptional value! Featuring approximately 883 SQFT. Bright living space, this well-maintained unit was recently refreshed with modern paint and stylish luxury vinyl plank flooring completed just 2 years ago. Enjoy a spacious layout with large windows showcasing peaceful views of parks and nature. Perfectly located just minutes to Fanshawe College with bus access to Western University, making it an ideal opportunity for first-time buyers, students, professionals, or investors or Family. Conveniently situated within walking distance to grocery stores, shopping plazas, restaurants, and everyday amenities.Low condo fees include all utilities - heat, hydro, and water - offering excellent affordability and hassle-free living. Plenty of parking spaces available for residents and guests. Flexible closing available. A fantastic opportunity in a highly convenient location - don't miss it! (id:60297)

2 Bedroom 1 Bathroom 800 - 899 sqft

RE/MAX Icon Realty

For sale
$800,000
2442 HIGHWAY 520, Magnetawan, Ontario

2442 Highway 520

Magnetawan, Ontario

An incredible opportunity on the shores of Lake Cecebe. Set on just under 2 acres including a lakefront parcel across Highway 520 offering direct waterfront, private beach and dock. This versatile property offers residential use with strong commercial potential. The 4-bedroom, 2-bath home features a spacious layout, large sunroom, separate walk-up basement entrance, and an unfinished lower level currently used as a workshop. With CT zoning, approval for up to six cabins, multiple tent and trailer sites, two drilled wells, two septic systems, and 10 water hookups previously used for trailers, the property is well suited for a campground, cottage rental business, or multi-family retreat. Enjoy swimming, boating, fishing, ice fishing, ATVing, and snowmobiling, with access to over 40 miles of waterways. Conveniently located 12 km east of Highway 11 in the Almaguin Highlands, just north of Muskoka, this is a rare waterfront investment with room to grow. (id:60297)

4 Bedroom 2 Bathroom 1500 - 2000 sqft

Fair Agent Realty

For sale
$439,000
494 HIGHBURY AVENUE N, London East, Ontario

494 Highbury Avenue N

London East, Ontario

Solid brick bungalow with two bedrooms and updated kitchen. Large backyard and a single car detached garage! Conveniently located near bus routes, schools and shopping, this home is a great investment or perfect for right-sizers and first time buyers. Offered tenanted and with a quick close available. A nice addition to your portfolio! (id:60297)

2 Bedroom 1 Bathroom 700 - 1100 sqft

Thrive Realty Group Inc.

For sale
$525,000
2 - 255 ALBERT STREET, Huron East, Ontario

2 - 255 Albert Street

Huron East, Ontario

Built in 2022, this stylish and low-maintenance semi-detached bungalow in Brussels offers thoughtful design and modern finishes throughout. With approximately 1,350 square feet of living space, two bedrooms, and two full bathrooms, the home is a great fit for anyone seeking one-floor living in a quiet, friendly community. The open-concept layout features a kitchen designed for real use, with quartz counters, a breakfast-bar island, and soft-close cabinetry that actually has space for everything. A walk-in pantry adds even more storage and includes an upright freezer, right where you need it. Nine-foot ceilings and large windows give the main living space a bright, open feel without losing warmth. The primary bedroom includes a walk-through closet with laundry, keeping things functional without taking up extra space. Both bathrooms are full-sized and well laid out, with a second bedroom adding versatility for guests or as an office. Comfort is covered year-round with in-floor heating throughout and a wall-mounted unit that provides both heating and air conditioning. Covered patios at both the front and back give you options for sitting out, rain or shine. Attached garage with interior entrance, separate utility room, partial fence, central air, and no basement to worry about, this home was built with low-maintenance living in mind. (id:60297)

2 Bedroom 2 Bathroom 1100 - 1500 sqft

Fair Agent Realty

For sale
$1,295,000
PT LTS 38 & 39 CONCESSION 9 ROAD, Whitewater Region, Ontario

Pt Lts 38 & 39 Concession 9 Road

Whitewater Region, Ontario

With over 2200' frontage on the Ottawa river, 54 cultivated acres and over 10 acres of hardwood bush this 92.75 acre parcel has many potential uses. Located just 12 minutes from Highway 17 and 15 min from the town of Cobden, this property offers great access. The cultivated acres are made up of a productive St Rosalie & Renfrew Clay, and are currently rented to a local farmer. The bush has a nice variety of hardwood trees which are set along a ridge. The river frontage has several nice spots to build a house, cottage or seasonal accommodation. Properties like this don't come to the market often, come see it for yourself! (id:60297)

0 - 699 sqft

RE/MAX Centre City Realty Inc.

For sale
$2,495,000
430 BRADWELL CHASE, London North, Ontario

430 Bradwell Chase

London North, Ontario

Executive residence, custom-built with intention and scale, delivering approximately 6300 sq. ft of upscale living situated on a quiet crescent in Meadowlands of Sunningdale. Showcasing a fully realized indoor-outdoor lifestyle in one of North London's most sought-after neighbourhoods. Striking stone/stucco exterior oversized 3-bay garage w/ EV charger& separate access to fully finished lower level. Fully-fenced pie-shaped lot, landscape lighting, in-ground irrigation & treed privacy perimeter enhanced by uplighting. Designed for resort-level use w/ full-depth heated saltwater pool, multi-waterfall feature, putting green, cabana w/ 3-piece washroom/covered patio & large, covered deck w/ infrared heater. Interior defined by extensive trim, custom millwork, designer décor & custom drapery. ~4100 sq ft interior offering private office w/ built-in desk system, dining room, architectural staircase, & bar/servery. Oversized living room anchored by fireplace & expansive windows capturing the backyard setting. Impressive gourmet kitchen w/extensive custom cabinetry, substantial centre island, stainless appliances including 6-burner gas range & a customized walk-in pantry. Large main floor laundry w/ exterior access. Second level offers high-functioning, 4 bed/3 bath layout. Dramatic primary suite w/ double door entry, automated blinds, spa-inspired 5-piece ensuite w/heated floors/oversized glass shower + full dressing room w/built-ins. Secondary bedroom w/ private ensuite, third w/ ensuite access. Open catwalk landing adds separation & architectural intrigue. Fully finished lower level adds almost 1200 sq. ft of expanded living w/ games/media room w/ fireplace, guest bedroom, full bathroom, off-season walk-in closet & professionally draped flex/exercise room w/ gym floor & 2nd laundry. Masonville P.S./St. Catherine school catchment. Minutes to Western University, University Hospital, Sunningdale Golf & Country Club, Ivey Business School, trails, parks & shopping. (id:60297)

4 Bedroom 4 Bathroom 3500 - 5000 sqft

Sutton Group - Select Realty

For sale
$2,999,000
7264 RIDGE ROAD, Lambton Shores, Ontario

7264 Ridge Road

Lambton Shores, Ontario

Hideaway on Ridge: A Custom built "Barndominium" on 48 incredible acres. Thoughtfully designed as an executive multi-generational or two-family residence with uncompromising finishes. The exterior boasts an impressive wraparound porch with an outdoor kitchen and entertainment area. Timeless stone and metal exterior gracefully frame the property, offering a serene fusion of beauty and substance. The main level of this residence features a timeless, open concept 3 bedroom layout,10-foot ceilings, traditional decor and a gorgeous chef's kitchen with sleek white cabinetry and a feature beverage station. Beautiful Italian imported tile floors span the principal rooms & bedrooms. Enjoy the ambiance of a two-sided stone & shiplap fireplace separating the living room from the media room. Modern country-inspired washrooms offer minimalism and beauty. Quiet den/office or 3rd bedroom evolving with your needs. A self contained residential unit above the garage boasts 10-footceilings & large sunlit windows, extending primary living or creating a secondary residence offering 2 bedrooms, a 4pc bath, eat-in kitchen, open concept living area and a walk-out composite deck overlooking the property. A massive garage with in-floor heat and 200amp service ensures ample parking for vehicles and toys. There is also a separate Bunkie home on site with 1 bedroom, 1 bath and a full kitchen for extended family, guests or as a rental unit. Geothermal heat, solar income and so much more...A Must-See. (id:60297)

5 Bedroom 3 Bathroom 3500 - 5000 sqft

Royal LePage Triland Realty

For sale
$599,900
238 MACEWAN STREET, Chatham-Kent, Ontario

238 Macewan Street

Chatham-Kent, Ontario

Opportunity knocks! Excellent 5+ acres with large buildings suitable for many businesses or storage. Buildings have tremendous value, but require some electrical and services work to be fully operational again. Access to the 401 is nearby and the charm of a wonderful small town is just around the corner. Bring your plans to life with an investment that is hard to top! Over 6,000sqft of space with the ceiling height to fit just about any use. Take a tour and evaluate for yourself! (id:60297)

6681 sqft

Keller Williams Lifestyles

For sale
$729,900
197 BARKER STREET, London East, Ontario

197 Barker Street

London East, Ontario

Turnkey triplex in Carling Heights, This solid all-brick property is just minutes from Fanshawe College, Western University, Hospitals, Downtown and multiple bus routes-making it a prime location for strong, consistent rental demand. Offering two spacious 3-bedroom units and one well-designed 2-bedroom lower-level suite, each with separate entrances. Currently fully tenanted with reliable AAA tenants, generating $58,000 in gross annual revenue. Additional investor-friendly features include separate hydro meters, 6 parking spaces, a coin-operated laundry room generating approximately $600 per year. Situated on a generous lot, the property has been well maintained with key updates including a new flat roof (2022), cedar deck (2023), and chimney repair (2022). This is a rare opportunity in a high-demand rental area. Don't miss your chance to own 197 Barker Street! (id:60297)

8 Bedroom 3 Bathroom 2000 - 2500 sqft

Century 21 First Canadian Corp

For sale
$3,200,000
4544 LAKESHORE ROAD, Plympton-Wyoming, Ontario

4544 Lakeshore Road

Plympton-Wyoming, Ontario

Situated on Lakeshore Rd in Plympton-Wyoming, this custom-built family home sits on just over 2 acres looking over Lake Huron. The property is tastefully landscaped, has a separate detached double drive-through garage for your water toys, cars and boat with stone and cedar exterior, plastic roof with metal flashing, flagstone walkways and patios, and backup generator, this home is made to last. The home has an in-floor radiant heat boiler system, 3 A/C units running on 2 forced air furnaces and the cylinder hot water tank is owned. The main floor has a spacious dining area with lots of natural light built-in storage and boasts majestic views of Lake Huron. The amazing kitchen with cooktop, Thermador stove and warming oven, Sub Zero refrigerator, Maytag dishwasher, and plenty of storage. The adjacent living room is magnificent and boasts barn board flooring, 17-foot ceiling, gas insert fireplace with mantle and stonework accent as well as access to the fabulous sunroom. The 4-season sunroom is large and has a gas insert fireplace with stonework, bifold opening windows, electric screens and sunshade, a keg fridge and bar fridge and views of the lake. The main floor also has a convenient office and laundry area. The primary bedroom suite completes the main floor and has its own fireplace as well as a large walk-in closet and fabulous ensuite bathroom with soaker tub and tiled shower with glass door. The second level has 2 additional large bedrooms and a full 4-piece bathroom. The walk-out basement has a great rec room with back patio access, exercise room, an additional bedroom and 3-piece bathroom with shower. The backyard has a great upper deck area with flagstone and built-in BBQ. The lower flagstone patio is large with a hot tub area. At the edge of the yard overlooking the lake is an amazing flagstone sitting area with a fire-pit to enjoy world class sunsets. Additional features include a security system, heated garages with storage and municipal water and sewers. (id:60297)

4 Bedroom 4 Bathroom 3000 - 3500 sqft

Sutton Group - Select Realty

For sale
$357,900
1406 - 695 RICHMOND STREET, London East, Ontario

1406 - 695 Richmond Street

London East, Ontario

Welcome to 695 Richmond St. the Perfect investment property or for young professionals. This 3 bedroom, 2 full baths unit is nestled in the heart of Richmond Row in Downtown London. Enjoy this Northeast facing, clean, bright, freshly painted condo with in-suite laundry, loads of storage and newer appliances! Steps away from shopping, dining, parks, transit and entertainment this condo has it all! Minutes from Western and Fanshawe, this condo also features 24hr Security/Concierge, Central Air, Indoor Pool, Whirlpool and gym. (id:60297)

3 Bedroom 2 Bathroom 1200 - 1399 sqft

Century 21 First Canadian Corp

For rent
$1,600 Monthly
9 - 399 SOUTH EDGEWARE ROAD, St. Thomas, Ontario

9 - 399 South Edgeware Road

St. Thomas, Ontario

For lease: 1,300 square foot commercial unit in a prime location near Highbury Avenue and the new battery plant. Ideal for a variety of business uses. This unit is conveniently located just 15 minutes from London and 5 minutes to downtown St. Thomas. The space includes a front office area, washroom, and a rear warehouse, offering a functional layout for your business needs.Lease terms: Base rent: $1,600.00 per month. Additional rent: $640.00 per month plus HST. Tenant responsible for heat and hydro. (id:60297)

1300 sqft

Royal LePage Triland Realty

For lease
$14.95 / ft2
13-15 - 41 ADELAIDE STREET N, London East, Ontario

13-15 - 41 Adelaide Street N

London East, Ontario

Prime leasing opportunity in the Adelaide Business Centre, located on the west side of Adelaide just North of the River and Park trails. Unit 13-15 (3,824 Sq Ft) has partial Adelaide Street exposure. Traffic count is approx. 25,000 cars per day. The space is approx. 25% showroom 75 % warehouse with two drive-in loading doors. RSC 1, 3, 4 & 5 zoning allows for many uses. Space is available immediately. Please note: This property does not have retail zoning. Zoning permits the following: Warehouse, wholesale, manufacturing and assembly with related sales, garden stores, printing establishments, commercial school, general office, animal clinics, repair and rental establishments, catalog stores, home and auto supply stores, home improvement and furnishing stores, studios, self storage, assembly halls, clinics, commercial recreation, laboratories, medical dental offices, private clubs, bake shops, daycare, financial institution, personal service, restaurants, brewing, bakeries, building/contracting establishments, building supply stores, bulk sales and more. (id:60297)

3824 sqft

Royal LePage Triland Realty

For sale
$460,000
464-466 THIRD STREET, London East, Ontario

464-466 Third Street

London East, Ontario

Attention Investors, first-time home buyers and flippers - this is the kind of opportunity that doesn't come around often. Sitting on nearly half an acre in East London and zoned R5-3, this property is loaded with redevelopment potential. Whether you're looking to intensify, build, or hold for future growth, the zoning and oversized lot offer a wide range of possibilities. In the meantime, you're getting two homes for the price of one. The main residence features 3 bedrooms and a spacious family room with vaulted ceilings and 4-pc bath. Heated with a gas furnace. The second home offers electric baseboard heating 2 bedrooms, 3pc bath, a living room, dining area, and kitchen - perfect for rental income, multi-generational living, or added flexibility. This property also presents a great flip opportunity or an ideal option for a handy first-time buyer looking to break into the market and build equity. Located close to Fanshawe College, the Gibraltar Trade Centre, public transit, and major amenities. Plenty of on-site parking. (id:60297)

5 Bedroom 2 Bathroom 2000 - 2500 sqft

Blue Forest Realty Inc.

For sale
$609,900
56 LEGER AVENUE, St. Thomas, Ontario

56 Leger Avenue

St. Thomas, Ontario

A prime opportunity to own a turnkey, cash-flowing duplex on the south edge of St. Thomas - fully renovated, professionally positioned, and generating immediate income from day one. Configured as a 3-bedroom upper unit and a 2-bedroom lower unit, both units have been completely updated in 2024, delivering a true "plug-and-play" investment. Interior improvements include brand new kitchens with quartz countertops, updated cabinetry, subway tile backsplashes, refreshed bathrooms, new flooring throughout, and in-suite laundry in both units - a level of finish that not only attracts quality tenants, but helps support long-term rent stability. From a numbers standpoint, the property is currently producing $3,790/month in gross rental income, with a clear path to $3,990/month based on achievable market rents. After accounting for approximately $1,044/month in operating expenses, this results in a net operating income of ~$2,745/month ($32,951 annually) on current rents, and ~$2,945/month ($35,351 annually) at market rents. At the current list price, this translates to a 5.9% cap rate based on actual income, with the ability to push into the 6.3% range as rents are optimized - offering both immediate return and built-in upside. Operationally, the property is well thought out. Each unit benefits from its own dedicated heating and cooling system, helping reduce tenant overlap and simplifying expense management - with the upper unit serviced by a forced air furnace and central A/C, and the lower unit equipped with heat pumps (with integrated AC) and baseboard as backup. Combined with separate hydro meters and parking for up to 5 vehicles, this is a low-friction asset from a management standpoint. Location plays a key role here as well. Positioned on the south edge of St. Thomas, tenants have access to a wide range of schools, parks, walking trails, and everyday amenities - a consistently desirable area that supports tenant demand and long-term occupancy. (id:60297)

5 Bedroom 2 Bathroom 700 - 1100 sqft

Prime Real Estate Brokerage

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