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Royal LePage
Royal LePage
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$1,700,000

St. Thomas ON, N5R 5H6

MLS® # X12544280

Property Information:

Rare Opportunity for Investors Seeking Quality + Cash Flow. This purpose-built 6-unit apartment building is the kind of investment that doesn't come along often. Constructed with solid concrete floors and exterior walls, every suite is essentially its own firebox, offering exceptional durability, safety, and long-term value. Perfectly positioned right across from the Elgin Mall, tenants enjoy unmatched convenience with shopping, transit, and amenities just steps away. Inside, each updated unit impresses with stainless steel appliances, tiled flooring throughout, plank porcelain bathroom tile, porcelain-tiled kitchens and all-wood trim and doors for a warm, modern finish. Additional income and ease of management come from the on-site coin laundry located on the lower level. Every unit also features its own water heater and is separately metered for hydro, giving investors full control over operating costs and boosting profitability. Whether you're expanding your portfolio or securing a stable, low-maintenance asset, this property checks all the boxes. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls
  • Basement Type: Partial
  • Exterior Finish: Brick
  • Fire Protection: Controlled entry, Alarm system
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Concrete, Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Wall unit
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 12
  • Bathrooms: 6
  • Features: Irregular lot size
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 115.8 Feet
  • Lot Frontage: 87.5 Feet
  • Lot Size: 87.5 x 115.8 FT
  • Utility Type: Hydro - Installed, Sewer - Installed, Cable - Installed
  • View Type: City view
  • Zoning: R4-6
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 7

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 221 HIGHVIEW DRIVE, St. Thomas, Ontario, N5R 5H6

Demographic Information of 221 HIGHVIEW DRIVE, St. Thomas, Ontario, N5R 5H6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$85,839.86

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.37 %

High school certificate or equivalent

32.12 %

Apprenticeship trade certificate/diploma

6.48 %

College/non-university certificate

28.47 %

University certificate (below bachelor)

0.06 %

University Degree

9.51 %

Commuter

Travel To Work

By Car

89.69 %

By Public Transit

0.0 %

By Walking

5.61 %

By Bicycle

0.0 %

By Other Methods

4.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.46 %

Houses

49.54 %

Own Vs. Rent

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