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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,295,000
Available - For Sale
Listing ID: X13744814
Excellent Investment Opportunity near the Prestigious Courthouse area of Downtown St. Thomas. Recently Updated Mixed use Commercial Building with 7 Residential Units ( 6 One Bedroom Units + 1 Bachelor )and One Commercial Unit. Gross Yearly Income of $116,280.00. Current NET Income shows an approximate 7.4% return on asking price. Each Unit has its own Hydro meter and all Tenants pay their own Heat & Hydro. Building has Secure Entry, Fire Alarm System and Panel, Security Cameras and Emergency Exits. Recent Updates Include Renovations and Upgrades to Units 1,2,3,4,5 and 7. Exterior Front/Side/Rear Wall Elevations Renovated along with Exterior Windows ( 3 Years ago ), Interior Hallways Renovated with all Vinyl Flooring and LED Sensor Lighting ( 2 Years ago ). Owned Hot Water Heaters ( 2 Years ago ). Easy Access to London and Highway 401 as well as Port Stanley's Beaches. Walking distance to Convenient Shopping including Grocery Stores, Service Centres, Boutiques and more.
Price $1,295,000
Taxes: $6,630.8
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Tenant
Address: 275 Talbot Street , St. Thomas, N5P 1B3, Elgin
Postal Code: N5P 1B3
Province/State: Elgin
Legal Description: PT LT 3 N/S TALBOT ST BTN ST. GEORGE ST
Directions/Cross Streets: TALBOT STREET AND ST. GEORGE STREET
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: F
Total Area: .09
Total Area Code:  Acres
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: Sanitary
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Down payment: $  
Interest Rate: %  
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY

275 Talbot Street , St. Thomas, N5P 1B3, Elgin

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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Type: Com - Commercial Retail
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: x 122.00(Feet)
Approximate Age:
Tax: $6,630.8
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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