109 ROSS STREET

St. Thomas, , N5R3X8, Canada

$1,699,900

Brand new purpose-built 4-plex in the growing city of St. Thomas, just minutes to London, the 401, and a short drive to Port Stanley beaches. With major employers like the new VW EV battery plant and Amazon fulfillment center, St. Thomas is experiencing rapid growth making this is a smart investment or ideal multi-generational living option. Each side-by-side unit offers a mirrored main-floor unit with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to the rear parking. Upper units feature 3 bedrooms plus a den, 2.5 baths, and scenic top-floor views. All four units boast high ceilings, quartz countertops, upgraded lighting, separate laundry, and brand new, never-used appliances. Separately metered and completely vacant, the building offers 5 rear parking spaces and 2 sewer and water connections. With market rental rates estimated at $2,600/month per upper & $2300 /month per lower, this property projects a strong 6.9% cap rate an ideal opportunity for investors looking to secure cash flow in a high-demand rental market.

EXTRAS: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater - Tankless, Water Heater

Virtual Tour: https://www.youtube.com/shorts/6sotOS8mkiU

Last updated on : Thursday 24th of April 2025 12:35:45 PM

ADDRESS

Street : 109 ROSS STREET

City : St. Thomas

Country : Canada

Postal Code : N5R3X8

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PROPERTY SUMMARY

Property ID : X12080400

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 14

Bathrooms : 12 + 1

Parking : 5

Parking Type: No Garage

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