241 Ross Street St. Thomas, Ontario N5R 3Y5
$924,900
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. (id:53488)
Property Details
| MLS® Number | X12085889 |
| Property Type | Multi-family |
| Community Name | SW |
| Amenities Near By | Public Transit |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 60 Ft |
| Size Frontage | 47 Ft ,6 In |
| Size Irregular | 47.5 X 60 Ft |
| Size Total Text | 47.5 X 60 Ft |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/28174633/241-ross-street-st-thomas-sw
Contact Us
Contact us for more information
Erin Scott
Salesperson
420 York Street
London, Ontario N6B 1R1
(519) 673-3390
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April 16 2025 02:51:10
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp
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