$1,695,000

Fourplex

109 Ross Street, St. Thomas, ON

3 DAYS
12+2
12
0
5,000
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Listed by CENTURY 21 FIRST CANADIAN CORP

Property Highlights

Parking

5 spaces

Property Tax

$5,000/yr

Age

0-5 yrs

Lot Size

5,928 sqft

Style

3-Storey

Basement

Full, Finished

Monthly Cost

$7,574/mo

About This Home

Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build. Features 5500+ SF of luxury finishes throughout. Current annual income of approx $114,000 with a CAP rate of 6%+. Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered with 5 rear parking spaces and 2 sewer/water connections. Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow potential in a high-demand rental market or ideal for multi-generational living, or ideal live in with income! Note: very low property taxes and general maintenance.

Monthly Cost

Monthly Mortgage$7,157
Property Tax ($5,000/yr)$417
Total$7,574

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Living Room: 5.34m × 4.40m
Dining Room: 2.83m × 3.66m
Pantry: 1.78m × 1.30m
Laundry: 1.78m × 1.84m
Kitchen: 2.51m × 3.67m
Bathroom: 1.78m × 1.54m

Second Level

Kitchen: 2.56m × 3.94m
Dining Room: 2.79m × 3.94m
Den: 3.04m × 3.11m
Living Room: 5.34m × 4.38m
Bathroom: 1.53m × 1.70m

Third Level

Bathroom: 2.96m × 2.86m
Bedroom: 4.26m × 5.69m
Bedroom 3: 3.72m × 4.39m
Bathroom: 1.52m × 2.95m
Bedroom 2: 3.05m × 3.34m
Laundry: 1.83m × 1.59m

Lower Level

Bedroom 2: 3.09m × 3.16m
Bathroom: 1.68m × 3.22m
Bedroom 3: 3.56m × 5.13m
Bathroom: 2.00m × 2.48m
Bedroom: 3.18m × 4.06m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage