$1,295,000
( $330.32Per Sq Foot )
 $6,952 est/mo Sourced by Back At You

275 Talbot Street,St. Thomas, ON N5P 1B3

St. Thomas, ON N5P 1B3

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Description

Excellent Investment Opportunity near the Prestigious Courthouse area of Downtown St. Thomas. Recently Updated Mixed use Commercial Building with 7 Residential Units ( 6 One Bedroom Units + 1 Bachelor )and One Commercial Unit. Gross Yearly Income of $116,280.00. Current NET Income shows an approximate 7.4% return on asking price. Each Unit has its own Hydro meter and all Tenants pay their own Heat & Hydro. Building has Secure Entry, Fire Alarm System and Panel, Security Cameras and Emergency Exits. Recent Updates Include Renovations and Upgrades to Units 1,2,3,4,5 and 7. Exterior Front/Side/Rear Wall Elevations Renovated along with Exterior Windows ( 3 Years ago ), Interior Hallways Renovated with all Vinyl Flooring and LED Sensor Lighting ( 2 Years ago ). Owned Hot Water Heaters ( 2 Years ago ). Easy Access to London and Highway 401 as well as Port Stanley's Beaches. Walking distance to Convenient Shopping including Grocery Stores, Service Centres, Boutiques and more.

Details

MLS #X13744814
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site55
Listing Provided ByROYAL LEPAGE TRILAND REALTY | X13744814 355004

Features

SQ Feet3,920
Acreage0.09

Interior

CoolingNo

Exterior

Security FeaturesNo

Utilities

UtilitiesYes
SewerSanitary

Taxes

Tax Annual Amount6630.8
Tax Assessed Value197000
Tax TypeAnnual
Tax Legal DescriptionPT LT 3 N/S TALBOT ST BTN ST. GEORGE ST AND PEARL ST PL 15 ST. THOMAS AS IN E394457 T/W E399960; ST. THOMAS
Tax Year2026

Area Information

ProvinceON
CountyElgin
CitySt. Thomas
Postal CodeN5P 1B3
AreaSt. Thomas
Listing VS Median (in N5P 1B3)
Price:
$1,295,000
low | high
Med:
$1,295,000
50% of Average
sqft:
3,920
low | high
Med:
3,920
50% of Average
$ / sqft:
$330
low | high
Med:
$330
50% of Average
On site:
55
low | high
Med:
55
100% of Average
Sourced by Back At You

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Learn More About This Property

SUSAN THEMELKOS

SUSAN THEMELKOS

Coldwell Banker The Real Estate Centre

 (416) 456-2167sthemelkos@me.com
ProvinceON
CountyElgin
CitySt. Thomas
Postal CodeN5P 1B3
AreaSt. Thomas
Listing VS Median (in N5P 1B3)
Price:
$1,295,000
low | high
Med:
$1,295,000
50% of Average
sqft:
3,920
low | high
Med:
3,920
50% of Average
$ / sqft:
$330
low | high
Med:
$330
50% of Average
On site:
55
low | high
Med:
55
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2026 at 12:03:35 AM PDT

SUSAN THEMELKOS - Coldwell Banker The Real Estate Centre