47 Forest Ave
St. Thomas, St. Thomas
$629,000
Buy with Dwelly and Save $6,290
Home Details
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Listing Description
Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property.
City: St. Thomas
Neighborhood: St. Thomas
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jan 4, 2024 | N/A | $169,900 | N/A | Sold | X7612801 |
| Dec 4, 2023 | N/A | $249,800 | N/A | Sold | X7496784 |
| Nov 19, 2023 | N/A | $249,800 | N/A | Sold | X7833472 |
| Nov 19, 2023 | N/A | $249,800 | N/A | Sold | X7833457 |
| Nov 4, 2023 | N/A | $250,000 | N/A | Sold | X7827713 |
| Oct 19, 2023 | N/A | $245,900 | N/A | Sold | X7830508 |
| Aug 3, 2023 | N/A | $250,000 | N/A | Sold | X7824239 |
| Jul 2, 2015 | 121 | $179,000 | N/A | Expired | X7905212 |
| Mar 9, 2015 | 113 | $179,000 | N/A | Expired | X7898872 |
| Jul 17, 2014 | 226 | $189,000 | N/A | Expired | X7893027 |
| Oct 17, 1984 | 36 | $28,000 | $26,000 | Sold | X7709563 |
| Jan 1, 1970 | 0 | $249,800 | N/A | Sold | X7414216 |
Rooms
Room dimensions for 47 Forest Ave, St. Thomas
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 47 Forest Ave is 3450
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $629000 |
| Down Payment | $125800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $503200 |
Monthly Payment
| Mortgage Payment | $3101 |
| Property Taxes | $349 |
| Maintenance Fees | $0 |
| Monthly Payment | $3450 |
Sold Comparables
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About 47 Forest Ave, St. Thomas
Located at 47 Forest Ave , this St. Thomas house is available for sale. This property was listed for $629,000 on Mon Jan 12 2026. This house's size is 2500-3000 Sqft. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 47 Forest Ave, St. Thomas is situated in the St. Thomas neighbourhood.
MLS#: X12688398 · $629,000 · 6 bedroom house in St. Thomas, St. Thomas