449 Talbot ST new Save Request In-Person Tour Request Virtual Tour
St. Thomas,ON N5P 1C1
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision St. Thomas
MLS Listing ID X12404508
Style Other
Bedrooms 17
Annual Tax Amount $20,003
Tax Year 2024
Property Sub-Type Multiplex
Property Description
This mixed-use commercial property at 449-453 Talbot Street in the heart of Downtown St. Thomas presents a prime investment opportunity, offering the option of commercial space with vacant possession on closing or a fully tenanted building. Zoned C2, the property features an 8000 sq. ft. ground-floor commercial unit at 449 Talbot Street along with seven spacious loft-style residential units at 453 Talbot Street, each with separate hydro meters, hot water tanks, furnaces, and central air. With a gross annual rental income of $184,530, strong visibility, and excellent accessibility in a rapidly growing community, this property delivers solid returns and future growth potential. Extras: possibility of retail business for sale.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Rooms
Family Room No
Kitchen 7
Interior
Cooling Central Air
Exterior
Parking Features None
Pool None
Roof Type Flat
Building
Foundation Brick,Poured Concrete