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St. Thomas, ON N5P 1C1,449 Talbot ST
St. Thomas, ON N5P 1C1,449 Talbot ST
St. Thomas, ON N5P 1C1,449 Talbot ST
St. Thomas, ON N5P 1C1,449 Talbot ST
St. Thomas, ON N5P 1C1,449 Talbot ST
St. Thomas, ON N5P 1C1,449 Talbot ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 2,499,000
Est. payment | /mo

16,000 SqFt

Save
$ 2,499,000
Est. payment | /mo
Save

16,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 16,000 sqft

Price per Sqft $156

Subdivision St. Thomas

MLS Listing ID X11960384

Annual Tax Amount $20,003

Tax Year 2024

Property Sub-Type Investment

Property Description

This mixed-use commercial property at 449-453 Talbot Street, situated in the heart of Downtown St. Thomas, presents a prime investment opportunity. Fully tenanted and zoned C2, the property features an 8,000 sq. ft. commercial space on the ground floor at 449 Talbot Street, alongside seven spacious, loft-style residential units at 453 Talbot Street. Each residential unit is equipped with separate hydro meters, hot water tanks, furnaces, and central air conditioning. With a gross annual rental income of $184,530, this property provides a solid return on investment while offering potential for future growth. It also boasts excellent visibility and accessibility in a rapidly expanding, vibrant community. EXTRAS: Possibility of retail business for sale.

Location

Province ON

County Elgin

Community St. Thomas

Area Elgin

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 66.0

Listed by ROYAL LEPAGE TRILAND REALTY
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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