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Investor Alert! This well-maintained duplex presents an excellent opportunity with projected annual rental income of $34,000+ and a solid 7.0% cap rate. Ideally located steps away from downtown, a short drive to London, The 401 Highway and the sandy shores of Port Stanley. The main floor unit features 1 bedroom, a 3-piece bathroom, and is currently rented at $1,486/month + utilities. The upper unit is a freshly renovated 2-bedroom with its own 3-piece bath and is currently vacant, perfect for setting market rent or moving in and letting the other unit cover part of your mortgage. Recent upgrades include: updated electrical and plumbing, waterproofing membrane installed around the interior foundation, sump pump, 100-amp electrical panel for the upper unit. Whether you're looking to owner-occupy or expand your income property portfolio with a high-yield investment, this turnkey duplex checks all the boxes.
2 x Refrigerators, 2 X Stoves, 1 x Washer and 1 x Dryer.
City: St. Thomas
Neighborhood: St. Thomas
Purchase Price | $434900 |
Down Payment | $86980 |
Mortgage Insurance | $0 |
Total Mortgage | $347920 |
Mortgage Payment | $2144 |
Property Taxes | $154 |
Maintenance Fees | $0 |
Monthly Payment | $2298 |
Located at 79 St Catharine St , this St. Thomas house is available for sale. This property was listed for $434,900 on Fri Jul 04 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . 79 St Catharine St, St. Thomas is situated in the St. Thomas neighbourhood.
MLS#: X12263713 · $434,900 · 3 bedroom house in St. Thomas, St. Thomas