Re-listed 78 days ago

221 Highview Dr, St. Thomas, Ontario N5R 5H6

Townhouse
12
6
~5000 + sqft
$•••,•••
$1,700,000
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Townhouse
12
6
~5000 + sqft

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Highlights

Property Estimate

Days on market78 days

Total days on market
328 days

Estimated valueNot available

Price/Sqft$170/sqft

Monthly cost

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Description

A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity.


Property Details

Style2 1/2 Storey
ViewCity
Age of property16-30
SqFt~5000 + SqFt
Lot Size10,130 SqFt(115.82 x 87.47)
Parking Spaces7
MLS ®NumberX12544280
Community NameSt. Thomas
Data SourceTRREB
Listing byROYAL LEPAGE TRILAND REALTY

Features

Heating: Baseboard
Cooling: Wall Unit
Basement: Part Bsmt

Features

Lot size: 10,130 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property listed by ROYAL LEPAGE TRILAND REALTY, Brokerage
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Population and Demographics

Overview

Total population 40032
Average household income $100,584

Age (%)

0 to 19
22%
20 to 34
17%
35 to 49
19%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single family
65%
Single person
31%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
Others
4%
French
1%

House tenancy (%)

Owners
68%
Renters
32%

What’s nearby?Essentials within 5 km

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