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St. Thomas, ON N5R 2J1,47 Forest AVE
St. Thomas, ON N5R 2J1,47 Forest AVE
St. Thomas, ON N5R 2J1,47 Forest AVE
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$629,000
Est. payment /mo
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6 Beds
3 Baths
New

47 Forest AVE St. Thomas, ON N5R 2J1

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Kenneth Yim

Kenneth Yim

+1(647) 496-2269

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision St. Thomas

MLS Listing ID X12688398

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,184

Tax Year 2025

Property Sub-Type Triplex

Lot Depth 120.0

Lot Front 52.79

Property Description

Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property.

Location

Province ON

County Elgin

Area Elgin

Rooms

Family Room No

Basement Unfinished

Kitchen 3

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 52.79

Lot Depth 120.0

Total Parking Spaces 6

Building

Foundation Concrete

Others

ParcelsYN No

Listed by BLUE FOREST REALTY INC.

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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47 Forest AVE

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