22 days on Market

109 Ross St, St. Thomas, Ontario N5R 3X8

Townhouse
12 + 2
12
~5000 + sqft
$1,699,900
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Townhouse
12 + 2
12
~5000 + sqft

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Highlights

Estimated ValueNot available

Price/Sqft$170/sqft

Est. Mortgage$7,300/mo

Tax Amount (2024)$5,000/yr

Days On Market22 days


Description

Brand new purpose-built 4-plex in the growing city of St. Thomas, just minutes to London, the 401, and a short drive to Port Stanley beaches. With major employers like the new VW EV battery plant and Amazon fulfillment center, St. Thomas is experiencing rapid growth making this is a smart investment or ideal multi-generational living option. Each side-by-side unit offers a mirrored main-floor unit with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to the rear parking. Upper units feature 3 bedrooms plus a den, 2.5 baths, and scenic top-floor views. All four units boast high ceilings, quartz countertops, upgraded lighting, separate laundry, and brand new, never-used appliances. Separately metered and completely vacant, the building offers 5 rear parking spaces and 2 sewer and water connections. With market rental rates estimated at $2,600/month per upper & $2300 /month per lower, this property projects a strong 6.9% cap rate an ideal opportunity for investors looking to secure cash flow in a high-demand rental market.


Property Details

Style3-Storey
View-
Age of property0-5
SqFt~5000 + SqFt
Lot Size5,928 SqFt(99.77 x 59.42)
Parking Spaces5
MLS ®NumberX12080400
Community NameSt. Thomas
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Main Floor

Dining

2.83 x 3.66

Living

5.34 x 4.4

Pantry

1.78 x 1.3

Laundry

1.78 x 1.84


Features

Lot size: 5,928 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Market Data - St. Thomas

Geo Zone Map ThumbnailSt. Thomas

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

33 days

2023

18 days

2022

6 days

New Listings

Past 30 days

14 listings

Compared to

2024

8 listings

2023

0 listing

2022

4 listings

Units sold

Past 30 days

8 units

Compared to

2024

5 units

2023

3 units

2022

4 units

Median Sold Price

Past 30 days

$557,500

Compared to

2024

$618,000

2023

$599,900

2022

$706,250


Population and Demographics

Overview

Total population 40032
Average household income $100,584

Age (%)

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

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%

Schools and amenities

Estimated Budget