Listed by CENTURY 21 FIRST CANADIAN CORP.
$499,900
St. Thomas, St. Thomas, ON N5P 1N5
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
Counts and measurements as the listing states them, not verified by us. Source: MLS
Three parties produce a dollar figure for this house, for three different purposes, so they do not agree and were never meant to. The gaps are worked out here rather than left for you to hold in your head.
Our estimate: Not shown: our current listing agreement does not licence this figure for display.
Modelled from comparable sales by the explorer further down this page. Change the comparables there and this number moves, which is the reason it is shown at all.
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
Welcome to this well maintained up and down duplex in St. Thomas, offered with vacant possession, an excellent opportunity for investors or buyers looking for a home with a built-in mortgage helper. With two separate 2-bedroom units, this property provides flexibility for a variety of ownership strategies, free of the delays or complications of existing tenancies. The property has undergone a complete renovation in previous years and has recently been freshly painted throughout. The upper unit features newer windows, and the property has a newer furnace serving both units. Each unit has its own dedicated parking space, with the upper unit also benefiting from a single car attached garage, an attractive feature for future tenants and a convenient bonus for storage. The unfinished basement provides ample additional storage and houses shared laundry facilities. From an investment perspective, the property offers the potential for approximately $3,550 per month in combined rental income, plus hydro, based on estimated market rents of approximately $1,750 per month for the upper unit and $1,800 per month for the lower unit. With the property vacant, a new owner can set rents at current market rates from day one, or move in immediately and offset carrying costs with income from the second unit. For an owner occupier, live in one unit and have the rental income from the other help offset your mortgage and carrying costs. For an investor, choose your own tenants and lease terms without inheriting existing arrangements. This is a practical duplex offering a combination of rental income potential, parking, garage space, and flexibility that is increasingly difficult to find. Whether you are looking to expand your rental portfolio or purchase a home with a mortgage helper, book your showing today to see this move-in ready opportunity for yourself. Some photos have been virtually staged for illustration purposes.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
Our estimate for this listing is not shown here
Not shown: our current listing agreement does not licence this figure for display.
The estimate is built by weighing recent comparable sales, and sold comparables for a specific property are licensed to registered users only. It is withheld rather than approximated: an estimate with the sales taken out of it would be a number with nothing behind it.
This listing's price and status history is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Prior asking prices, terminations and relists are licensed to registered users only, and there are no accounts on MyNest360 yet. Nothing here should be read as evidence that the current price is the only price this house has been offered at.
The pills are copied from the listing and sorted for reading, with nothing added to them, and a group the listing did not fill in is absent rather than empty. Where a group is written as sentences instead, those are ours: what the listing named, and what it means.
On the record, and not one of the groups above.
1 years, from $2,290 in 2025 to $2,290 in 2025.
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
Every home of this type in St. Thomas that has sold in the last 3 years.
Figures such as 4.79% sample rates and estimates are illustrative only. Verify all details with a licensed professional before making an offer.
Listed by CENTURY 21 FIRST CANADIAN CORP.
Listed by COLDWELL BANKER STAR REAL ESTATE.
Listed by ROYAL LEPAGE TRILAND REALTY.
Listed by ELGIN REALTY LIMITED.
Listed by ROYAL LEPAGE TRILAND REALTY.
Listed by ROYAL LEPAGE TRILAND REALTY.