Priced to Sell!! Perfect opportunity to generate income, or ideal for first time buyers; live in one unit and generate income to pay down your mortgage!! This up and down duplex features a newly renovated upper 2 bedroom unit, that is vacant, allowing you to set your own rent. The lower unit consists of a 1 bedroom unit that is occupied by a long term tenant, on a month to month tenancy. Lower unit is well below market rent, so great potential for increasing rent, and generating great cash flow in this property. Separate water, hydro and gas meters and hot water heaters are owned; minimal expenses, just property taxes and insurance. Great area of St Thomas with recent upgrades to street (September to October 2025) new water mains, sewers, curbs and roads. New driveway (paved) October 2025.
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Lot Depth:
39'11.9 m
Lot Frontage:
50'15.2 m
Direction Faces:
North
Bedrooms:
2+1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
5
Rooms Below Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Full, Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
IMMEDIATE POSSESSION
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$2,170 /
2025
Assessment:
$- /
-
Elgin
St. Thomas
St. Thomas
Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
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