Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build. Features 5500+ SF of luxury finishes throughout. Current annual income of approx $114,000 with a CAP rate of 6%+. Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered with 5 rear parking spaces and 2 sewer/water connections. Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow potential in a high-demand rental market or ideal for multi-generational living, or ideal live in with income! Note: very low property taxes and general maintenance.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
3-Storey
Approx. Age:
0-5
Total Approx Floor Area:
5000 +
Lot Depth:
99'9¼"30.4 m
Lot Frontage:
59'5"18.1 m
Lot Shape:
Irregular
Topography:
Flat
Direction Faces:
East
Bedrooms:
12+2
Bathrooms:
12.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
12
Bedrooms Below Grade:
2
Kitchens Above Grade:
4
Rooms Above Grade:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Shingles
Basement:
Full, Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
Yes
Pool:
None
HST Applicable To Sale Price:
In Addition To
Taxes:
$5,000 /
2026
Assessment:
$- /
-
Elgin
St. Thomas
St. Thomas
Hospital, Library, School
Sump Pump, Water Heater Owned, Separate Hydro Meter, On Demand Water Heater, In-Law Capability
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.