ON > St. Thomas > Sw
St. Thomas, ON N5R 2C2,45 LOCUST ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 299,900
Est. payment | /mo

5 Beds

2 Baths

Save
$ 299,900
Est. payment | /mo
Save

5 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision Sw

MLS Listing ID X12192203

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,596

Tax Year 2024

Property Sub-Type Detached

Property 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.

Location

Province ON

County Elgin

Community Sw

Area Elgin

Rooms

Family Room Yes

Basement Crawl Space

Kitchen 1

Interior

Interior Features None

Cooling None

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Porch Enclosed

Parking Features Mutual

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 34.67

Lot Depth 120.0

Total Parking Spaces 2

Building

Foundation Concrete, Block

Listed by RE/MAX CENTRE CITY REALTY INC.
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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