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$ 924,900
Est. payment /mo
Active
241 ROSS ST St. Thomas, ON N5R 3Y5
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Sw
MLS Listing ID X12085889
Style 2-Storey
Bedrooms 8
Annual Tax Amount $3,211
Tax Year 2024
Property Sub-Type Triplex
Property Description
Live-In Ready or Fully Leased | 7.06% Cap Rate | Top 5% Performing Triplex in Ontario. A rare opportunity to own a fully renovated, high-yield triplex with top-tier financials and no renovation risk. This turnkey property offers high gross rents, a strong tenant base, and separate entrances & utilities for all units. Live in one unit while the other two cover your mortgage or lease all three for consistent passive income. Features include renovated to studs in 2015, coin laundry, 4-car parking, and a quiet, amenity-rich location ideal for long-term growth. This property outperforms nearly everything in its class and is a perfect fit for both investors and lifestyle buyers. Located in a friendly community near key amenities and bus routes.
Location
Province ON
County Elgin
Community Sw
Area Elgin
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Rolled
Lot Frontage 47.5
Lot Depth 60.0
Total Parking Spaces 4
Building
Unit Features Public Transit
Foundation Poured Concrete
New Construction false
Listed by CENTURY 21 FIRST CANADIAN CORP