Home with vinyl exterior material, street for 47 Forest Ave, St. Thomas Ontario N5R 2J1
11 days on Market

47 Forest Ave, St. Thomas, Ontario N5R 2J1

Townhouse
6
3
~2500-3000 sqft
$629,000
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Townhouse
6
3
~2500-3000 sqft

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Highlights

Property Estimate

Days on market11 days

Estimated valueNot available

Price/Sqft$230/sqft

Monthly cost

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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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size6,334 SqFt(120 x 52.79)
Parking Spaces6
MLS ®NumberX12688398
Community NameSt. Thomas
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Forced Air
Basement: Unfinished

Features

Lot size: 6,334 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by BLUE FOREST REALTY INC., Brokerage
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Market Data - St. Thomas

Geo Zone Map ThumbnailSt. Thomas

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

58 days

Compared to

2025

0 day

2024

29 days

2023

0 day

New Listings

Past 30 days

4 listings

Compared to

2025

2 listings

2024

1 listing

2023

1 listing

Units sold

Past 30 days

1 unit

Compared to

2025

0 unit

2024

1 unit

2023

0 unit

Median Sold Price

Past 30 days

$433,000

Compared to

2024

$580,000


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