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Royal LePage
Royal LePage
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$2,399,000

St. Thomas ON, N5P 1C1

MLS® # X12404508

Property Information:

This mixed-use commercial property at 449-453 Talbot Street in the heart of Downtown St. Thomas presents a prime investment opportunity, offering the option of commercial space with vacant possession on closing or a fully tenanted building. Zoned C2, the property features an 8000 sq. ft. ground-floor commercial unit at 449 Talbot Street along with seven spacious loft-style residential units at 453 Talbot Street, each with separate hydro meters, hot water tanks, furnaces, and central air. With a gross annual rental income of $184,530, strong visibility, and excellent accessibility in a rapidly growing community, this property delivers solid returns and future growth potential. Extras: possibility of retail business for sale. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 17
  • Bathrooms: 1
  • Amenities Nearby: Schools, Public Transit
  • Community Features: School Bus
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 FT
  • Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
  • Zoning: C2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage

Rooms:

  • Bathroom 2nd Level 3.50 m x 3.00 m

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⚠ Potential Investment Performance

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Location of 449 TALBOT STREET, St. Thomas, Ontario, N5P 1C1

Demographic Information of 449 TALBOT STREET, St. Thomas, Ontario, N5P 1C1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$74,590.53

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.07 %

High school certificate or equivalent

35.18 %

Apprenticeship trade certificate/diploma

6.67 %

College/non-university certificate

22.87 %

University certificate (below bachelor)

0.55 %

University Degree

11.68 %

Commuter

Travel To Work

By Car

84.37 %

By Public Transit

0.0 %

By Walking

14.37 %

By Bicycle

0.0 %

By Other Methods

1.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.45 %

Houses

40.55 %

Own Vs. Rent

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