119 Erie Street St. Thomas, Ontario N5R 2N1
$1,100,000
Beautifully Updated 4-Plex in a Prime Family-Friendly Neighborhood. Welcome to this exceptional 4-plex, offering a rare blend of timeless character and modern upgrades in a desirable, family-oriented location. Each of the four spacious 2-bedroom units has been thoughtfully renovated, making this a turnkey investment opportunity or an ideal multi-family living space. Inside, you'll find beautifully refinished hardwood floors that bring warmth and charm to every unit. The kitchens are a standout feature finished with granite or quartz countertops for a sleek, durable workspace. Pride of ownership shines throughout, with each unit meticulously maintained to ensure tenant comfort and satisfaction. Tenants can enjoy a shared, fully fenced yard complete with a lovely gazebo perfect for outdoor relaxation or summer gatherings. The property is as functional as it is attractive, boasting a long-lasting metal roof and a newer water furnace for added efficiency and peace of mind. With four dedicated parking spaces and a double garage, there's ample room for tenant vehicles and storage. This property isn't just a place to live its a community where tenants can feel at home. Additional Highlights: Gross rental income: $62,508/year. Shared laundry income: $100-130/month. Utility costs (shared): Hydro for basement & water ranges from $200-240/month, gas between $100-150/month (not on budget). Whether you're looking to expand your investment portfolio or secure a multi-family property with excellent income potential, this well-maintained 4-plex is a must-see. Book your private showing today and discover what sets this property apart. (id:41954)
Property Details
| MLS® Number | X12259065 |
| Property Type | Multi-family |
| Community Name | St. Thomas |
| Equipment Type | None |
| Parking Space Total | 6 |
| Rental Equipment Type | None |
| Structure | Porch, Deck |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 8 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater |
| Basement Type | Full |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete, Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2500 - 3000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 123 Ft |
| Size Frontage | 54 Ft |
| Size Irregular | 54 X 123 Ft |
| Size Total Text | 54 X 123 Ft|under 1/2 Acre |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/28550787/119-erie-street-st-thomas-st-thomas
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July 03 2025 03:23:50
London and St. Thomas Association of REALTORS®
Elgin Realty Limited