Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#14121 +post_id: "437741" +post_author: 1 +"ListingKey": "X12276067" +"ListingId": "X12276067" +"PropertyType": "Residential" +"PropertySubType": "Detached" +"StandardStatus": "Active" +"ModificationTimestamp": "2025-07-11T08:48:45Z" +"RFModificationTimestamp": "2025-07-11T08:51:43.074563+00:00" +"ListPrice": 699999.0 +"BathroomsTotalInteger": 3.0 +"BathroomsHalf": 0 +"BedroomsTotal": 4.0 +"LotSizeArea": 0 +"LivingArea": 0 +"BuildingAreaTotal": 0 +"City": "Wellington North" +"PostalCode": "N0G 1A0" +"UnparsedAddress": "149 Schmidt Drive, Wellington North, ON N0G 1A0" +"Coordinates": array:2 [ 0 => -80.5281312 1 => 43.8340246 ] +"Latitude": 43.8340246 +"Longitude": -80.5281312 +"YearBuilt": 0 +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "HOMELIFE/MIRACLE REALTY LTD" +"OriginatingSystemName": "TRREB" +"PublicRemarks": "Welcome to this impressive Aprx. 2,400 sq. ft. raised bungalow, formerly a **Model Home by the builder, showcasing a stunning open-concept layout with 4 spacious bedrooms, including a luxurious primary suite with ensuite and walk-in closet, 3 full bathrooms, and a total of 6 parking spaces. Elegantly upgraded throughout, this home features high-end hardwood flooring, large windows with premium up/down blinds, a chef-inspired kitchen with top-of-the-line quartz waterfall countertops, stainless steel appliances (2020), under-cabinet lighting, a breakfast bar, a striking fireplace, and the list goes on and on. Enjoy seamless indoor-outdoor living with a walkout to a two-tier deck, a fully fenced yard, and a gas BBQ hookup-ideal for entertaining. Additional upgrades include luxury light fixtures, dimmable pot lights, and a brand-new** roof (2024**). 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Description
Welcome to this two-storey home in the heart of St. Thomas an excellent investment opportunity for those looking to expand their real estate portfolio or secure a promising fixer-upper at an attractive price and 6.5% cap rate. Currently tenanted, the property offers immediate rental income, making it a smart choice for investors. Zoned R3, there is also potential for future development or expansion, adding long-term value to this versatile asset. The home features 5 bedrooms and 2 bathrooms, offering ample space and functionality. Located in a desirable area with established rental income and room for future growth, this property is a strong addition to any investment strategy. Whether you’re looking for immediate returns or long-term upside, this St. Thomas opportunity is worth your consideration.
Details
MLS® Number
X12192203
X12192203
Bedrooms
5
5
Bathrooms
2
2
Additional details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: None
- County: Elgin
- Property Type: Residential
- Pool: None
- Parking: Mutual
- Architectural Style: 2-Storey
Address
- Address 45 LOCUST Street
- City St. Thomas
- State/county ON
- Zip/Postal Code N5R 2C2