62 Talbot St, St. Thomas, Ontario

Multi-Family for Sale in St. Thomas

62 Talbot St, St. Thomas, ON

  • CA$1,475,000
  • 12 BEDS
  • 7 BATHS
  • 9,881.43 sq.ft. Land
  • CA$1,475,000

Multi-Family for Sale in St. Thomas

62 Talbot St, St. Thomas, ON

  • CA$1,475,000
  • 12 BEDS
  • 7 BATHS
  • 9,881.43 sq.ft. Land
  • CA$1,475,000

Key Facts

  • MLS® #: X12858868
  • Property ID: SIRC3165048
  • Property Type: Residential, Multiplex
  • Lot Size: 9,881.43 sq.ft.
  • Bedrooms: 12
  • Bathrooms: 7
  • Parking Spaces: 9
  • Listed By:
  • ELGIN REALTY LIMITED

Property Description

Rare 6-Unit Investment Opportunity in Prime St. Thomas Location.This unique two-storey six-plex offers a rare opportunity for investors, featuring six spacious 2-bedroom units plus a separate bachelor granny flat in the basement, for a potential total of 7 rental units and 7 bathrooms. One of the 2-bedroom units can easily be converted to a 3-bedroom by incorporating the bachelor suite ( granny flat), providing additional income flexibility.Originally built in 1870 and extensively renovated in 2003, the property also includes four modern units added at the rear along with a detached garage. The exterior was professionally stripped and refinished in brick, giving the building a refreshed and durable finish.Interior upgrades include tile flooring throughout, granite countertops, and jetted tubs in six units. Unit 1 features a high-end kitchen with plywood cabinetry and maple doors, while Unit 2 showcases three skylights that flood the space with natural light.Tenants benefit from efficient gas radiant heating with wall-mounted units, along with seven owned water heaters (four recently replaced). On-site coin laundry is available, with machines replaced within the last 3-4 years.Major updates include newer windows and entry doors, plus metal roofs installed within the past seven years on both the main building and detached garage.The property backs onto Elevated Park and across from Jumbo the Elephant, one of the city's most recognized landmarks.Additional highlights include parking for 9 vehicles, with extra overnight parking available across the street. A 600 sq. ft. garage offers four large storage units, with one currently allocated for tenant use.This turnkey investment combines strong income potential, extensive upgrades, and a prime high-visibility location in one of St. Thomas's most recognizable areas.

Listing Agents

ELGIN REALTY LIMITED

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

62 Talbot St, St. Thomas, Ontario, N5P 1A4 Canada

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this property

Request Now

Payment Calculator

mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest 0
  • Property Taxes 0
  • Strata / Condo Fees 0
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.
Home/Ontario/St. Thomas/MLS® X12858868