Unknown for 45 LOCUST St, St. Thomas Ontario N5R 2C2
31 days on Market

45 LOCUST St, St. Thomas, Ontario N5R 2C2

Detached
5
2
~< 700 sqft
$299,900
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Detached
5
2
~< 700 sqft

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Highlights

Property Estimate

Days on market31 days

Estimated valueNot available

Price/Sqft$214/sqft

Monthly cost

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Description

Welcome to this two-storey home in the heart of St. Thomas an excellent investment opportunity for those looking to expand their real estate portfolio or secure a promising fixer-upper at an attractive price and 6.5% cap rate. Currently tenanted, the property offers immediate rental income, making it a smart choice for investors. Zoned R3, there is also potential for future development or expansion, adding long-term value to this versatile asset. The home features 5 bedrooms and 2 bathrooms, offering ample space and functionality. Located in a desirable area with established rental income and room for future growth, this property is a strong addition to any investment strategy. Whether you're looking for immediate returns or long-term upside, this St. Thomas opportunity is worth your consideration.


Property Details

Style2-Storey
View-
Age of property-
SqFt~< 700 SqFt
Lot Size4,160 SqFt(120 x 34.67)
Parking Spaces2
MLS ®NumberX12192203
Community NameSt. Thomas
Data SourceTRREB
Listing byRE/MAX CENTRE CITY REALTY INC.

Features

Heating: Radiant
Fireplace
Basement: Crawl Space

Features

Lot size: 4,160 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX CENTRE CITY REALTY INC., Brokerage
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Market Data - St. Thomas

Geo Zone Map ThumbnailSt. Thomas

Balanced Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

38 days

2023

19 days

2022

18 days

New Listings

Past 30 days

106 listings

Compared to

2024

81 listings

2023

77 listings

2022

103 listings

Units sold

Past 30 days

50 units

Compared to

2024

56 units

2023

44 units

2022

38 units

Median Sold Price

Past 30 days

$595,000

Compared to

2024

$547,500

2023

$579,775

2022

$535,000


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

Local Logic

Transportation Scores

Estimated Budget