Sold conditionally
59 days on Market

9524 Springwater Rd, St. Thomas, Ontario N5P 3S7

$1,225,000
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Townhouse
-
7
~5896 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$207/sqft

Est. Mortgage$5,261/mo

Tax Amount (2024)$4,220/yr

Days On Market59 days


Description

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, it’s ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Don’t miss this chance to secure a sound and profitable investment.


Property Details

StyleResidential Income
View-
Age of property1983
SqFt~5896 SqFt
Lot Size25,568 SqFt(203.86 x 125.42)
Parking Spaces15
MLS ®Number40638381
Community NameMalahide
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: None, Sump Pump

Features

Lot size: 25,568 SqFt
Septic Tank

Parking

Garage spaces -

Garage type -

Total parking spaces 15


Property History

Now
ListedFor Salefor$1,225,000Active
59 days on market
Listing by itso®
history photo preview50
Jun 16, 2024
ListedFor Salefor$1,300,000Terminated
Stayed 209 days on market
Listing by itso®
history photo preview50
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