St. Thomas, ON N5P 2V9,79 St Catharine ST
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St. Thomas, ON N5P 2V9,79 St Catharine ST
St. Thomas, ON N5P 2V9,79 St Catharine ST
St. Thomas, ON N5P 2V9,79 St Catharine ST
St. Thomas, ON N5P 2V9,79 St Catharine ST
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$ 434,900
Est. payment /mo
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Active

79 St Catharine ST St. Thomas, ON N5P 2V9

3 Beds

2 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision St. Thomas

MLS Listing ID X12263713

Style 1 1/2 Storey

Bedrooms 3

Building Age 100+

Annual Tax Amount $1,842

Tax Year 2025

Property Sub-Type Duplex

Property Description

Investor Alert! This well-maintained duplex presents an excellent opportunity with annual rental income of $34,332 and a solid 7.1% cap rate. Ideally located steps away from downtown, a short drive to London, The 401 Highway and the sandy shores of Port Stanley. The main floor unit features 1 bedroom, a 3-piece bathroom, and is currently month-to-month at $1,486/month + utilities. Month to month tenants provide the flexibility of moving in and letting the other unit cover part of your mortgage. The upper unit is a freshly renovated 2-bedroom with its own 3-piece bath and was just leased for $1375/month + utilities. Recent upgrades include: updated electrical and plumbing, waterproofing membrane installed around the interior foundation, sump pump, 100-amp electrical panel for the upper unit. Whether you're looking to owner-occupy or expand your income property portfolio with a high-yield investment, this fully rented duplex checks all the boxes.

Location

State ON

County Elgin

Community St. Thomas

Area Elgin

Zoning R4

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 1

Interior

Interior Features In-Law Suite, In-Law Capability, Accessory Apartment, Water Heater Owned, Sump Pump

Cooling None

Inclusions 2 x Refrigerators, 2 X Stoves, 1 x Washer and 1 x Dryer.

Exterior

Exterior Feature Deck

Parking Features Street Only

Pool None

Roof Type Asphalt Shingle

Lot Frontage 26.55

Lot Depth 86.76

Building

Foundation Concrete, Concrete Block

Others

Senior Community No


Listed by SAKER REALTY CORPORATION
agent

Danielle Pinnock

+1(519) 671-7653

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79 St Catharine ST

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