$359,900

St. Thomas ON, N5R 2J3

MLS® # X12518478

Property Information:

Priced to Sell!! Perfect opportunity to generate income, or ideal for first time buyers; live in one unit and generate income to pay down your mortgage!! This up and down duplex features a newly renovated upper 2 bedroom unit, that is vacant, allowing you to set your own rent. The lower unit consists of a 1 bedroom unit that is occupied by a long term tenant, on a month to month tenancy. Lower unit is well below market rent, so great potential for increasing rent, and generating great cash flow in this property. Separate water, hydro and gas meters and hot water heaters are owned; minimal expenses, just property taxes and insurance. Great area of St Thomas with recent upgrades to street (September to October 2025) new water mains, sewers, curbs and roads. New driveway (paved) October 2025. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Amenities: Separate Heating Controls, Separate Hydro Meters
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Vinyl siding
Floor Space: 1100 - 1500 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Two stoves

Property Features:

Property Type: Multi-family
Bedrooms: 2+1
Bathrooms: 2
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 39.0 Feet
Lot Frontage: 50.0 Feet
Lot Size: 50 x 39 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 2

Courtesy of: Dotted Line Real Estate Inc Brokerage

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⚠ Potential Investment Performance

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Market Price Trends

Location of 64 FOREST AVENUE, St. Thomas, Ontario, N5R 2J3

Lifestyle
Neighbourhood

Demographic Information of 64 FOREST AVENUE, St. Thomas, Ontario, N5R 2J3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$86,516.51

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.57 %

High school certificate or equivalent

38.6 %

Apprenticeship trade certificate/diploma

6.09 %

College/non-university certificate

25.85 %

University certificate (below bachelor)

0.17 %

University Degree

9.71 %

Commuter

Travel To Work

By Car

93.31 %

By Public Transit

0.0 %

By Walking

2.52 %

By Bicycle

0.0 %

By Other Methods

4.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.2 %

Houses

87.8 %

Own Vs. Rent