45 LOCUST Street, St. Thomas, ON N5R 2C2

  • $299,900
45 LOCUST Street, St. Thomas, ON N5R 2C2
  • X12192203
  • MLS® Number
  • Detached, Residential
  • Property Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms
Active For Sale
45 LOCUST Street, St. Thomas, ON N5R 2C2
45 LOCUST Street, St. Thomas, ON N5R 2C2
  • $299,900

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
Bedrooms
5
Bathrooms
2
Updated on June 3, 2025 at 6:26 pm

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

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay