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Brand new purpose-built 4-plex in the growing city of St. Thomas, just minutes to London, the 401, and a short drive to Port Stanley beaches. With major employers like the new VW EV battery plant and Amazon fulfillment center, St. Thomas is experiencing rapid growth making this is a smart investment or ideal multi-generational living option. Each side-by-side unit offers a mirrored main-floor unit with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to the rear parking. Upper units feature 3 bedrooms plus a den, 2.5 baths, and scenic top-floor views. All four units boast high ceilings, quartz countertops, upgraded lighting, separate laundry, and brand new, never-used appliances. Separately metered and completely vacant, the building offers 5 rear parking spaces and 2 sewer and water connections. With market rental rates estimated at $2,600/month per upper & $2300 /month per lower, this property projects a strong 6.9% cap rate an ideal opportunity for investors looking to secure cash flow in a high-demand rental market.
4 WASHERS, 4 DRYER, 4 STOVES, 4 DISHWASHER, 4 REFRIGERATORS, 4 OWNED HWT ON DEMAND.
City: St. Thomas
Neighborhood: SW
Purchase Price | $1699900 |
Down Payment | $339980 |
Mortgage Insurance | $0 |
Total Mortgage | $1359920 |
Mortgage Payment | $8380 |
Property Taxes | $417 |
Maintenance Fees | $0 |
Monthly Payment | $8797 |
Located at 109 Ross St , this St. Thomas house is available for sale. This property was listed for $1,699,900 on Mon Apr 14 2025. This house's size is 5000 + Sqft. It has 12 bedrooms and 12 bathrooms. The property includes the following rooms: Kitchen, Dining, Living, Pantry, Laundry, Bathroom, Br, 2nd Br, Bathroom, 3rd Br, Bathroom, Living, Kitchen, Dining, Bathroom, Den, Br, Bathroom, Laundry, 2nd Br, 3rd Br, Bathroom. This property comes with 5 parking spots. 109 Ross St, St. Thomas is situated in the SW neighbourhood.
MLS#: X12080400 · $1,699,900 · 12 bedroom house in SW, St. Thomas