119 Erie Street, St. Thomas, ON, N5R 2N1 - investment for sale | Listing ID X9269154

119 ERIE STREET, St. Thomas, Ontario, N5R 2N1

MLS® # X9269154

Investment For Sale In St. Thomas, Ontario

$1,099,500

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119 Erie Street, St. Thomas, ON - Outdoor With Deck Patio Veranda With Facade

119 Erie Street, St. Thomas, ON - Outdoor

view of yard and gazebo - 119 Erie Street, St. Thomas, ON - Outdoor

119 Erie Street, St. Thomas, ON - Outdoor With Exterior

119 Erie Street, St. Thomas, ON - Indoor Photo Showing Basement

updated heating system - 119 Erie Street, St. Thomas, ON - Indoor Photo Showing Basement

119 Erie Street, St. Thomas, ON - Indoor Photo Showing Laundry Room

Unit 1 - 119 Erie Street, St. Thomas, ON - Indoor Photo Showing Other Room

unit 1 - 119 Erie Street, St. Thomas, ON - Indoor Photo Showing Bedroom

unit 1 - 119 Erie Street, St. Thomas, ON - Indoor Photo Showing Bathroom

unit 1 - 119 Erie Street, St. Thomas, ON - Indoor

Unit 2 when vacant - 119 Erie Street, St. Thomas, ON - Indoor Photo Showing Other Room

unit2 - 119 Erie Street, St. Thomas, ON - Indoor Photo Showing Other Room

#2 - 119 Erie Street, St. Thomas, ON - Indoor Photo Showing Other Room

#2 - 119 Erie Street, St. Thomas, ON - Indoor Photo Showing Kitchen

119 Erie Street, St. Thomas, ON - Indoor Photo Showing Bathroom

119 Erie Street, St. Thomas, ON - Outdoor With Backyard

beautiful steal roof - 119 Erie Street, St. Thomas, ON - Outdoor With View

double garage with interior shed - 119 Erie Street, St. Thomas, ON - Outdoor With Exterior

shared yard - 119 Erie Street, St. Thomas, ON - Outdoor

entrances for back units - 119 Erie Street, St. Thomas, ON - Outdoor With Exterior

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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,099,500 property in St. Thomas

Provided by TD Insurance

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119 ERIE STREET, St. Thomas, Ontario, N5R 2N1

$1,099,500

Property Information:

Welcome to this beautifully updated 4plex, perfectly situated in a family-friendly neighborhood. Each of the four 2-bedroom units offers a blend of modern upgrades and timeless charm, making this property a standout investment opportunity or a wonderful place to call home. Step inside to find beautifully refinished wood floors that add warmth and character to each unit. The kitchens are thoughtfully designed, featuring granite or quartz countertops that provide both style and durability. Pride of ownership is evident throughout, with each unit meticulously maintained and updated to ensure comfort and satisfaction. Outside, tenants can enjoy a shared fenced yard, complete with a charming gazebo perfect for outdoor gatherings or peaceful relaxation. The property also boasts a durable metal roof and a new water furnace, adding to the long-term value and efficiency of the home. With four parking spaces and a double garage, there's plenty of room for tenants to park and store belongings. This 4plex is not just a place to live, it's a community where families can thrive. Don't miss this rare opportunity to own a beautifully updated multi-unit property in a sought-after neighborhood. Schedule a viewing today and see for yourself the quality and care that sets this 4plex apart. Financial information , hydro for basement and water is between 284 to 350 per month, Gas is not on budget and runs between $54 and $200 per month. Rental income currently is $61,404 gross, with potential of $79200. Income for laundry ranges from $132 to $214, but expected increase with 2 new tenants in the main part of house. **** EXTRAS **** Rents for front of 4plex are 1800 and 1600 and the back portion are 897 and 820. First 2 on lease until fall of 2025, and last 2 are month to month long term tenants. Only unit 2 has central air. Tenants pay hydro. Each unit approx 850sf (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Development: Unfinished
Basement Type: N/A
Exterior Finish: Brick
Foundation Type: Block, Poured Concrete
Heating Type: Hot water radiator heat
Heating Fuel: Natural gas
Appliances:

Property Features:

Property Type: Multi-family
Bedrooms: 6+2
Bathrooms: 4
Features: Level
Fence Type: Fenced yard
Irregular: Yes
Landscape Features: Landscaped
Lot Depth: 123.0 Feet
Lot Frontage: 54.0 Feet
Lot Size: 54 x 123 FT
Structure Type: Deck, Porch
Zoning: R4
Sewer: Sanitary sewer
Parking Type: Detached garage
No. of Parking Spaces: 6

Courtesy of: ELGIN REALTY LIMITED

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Market Price Trends

Location of 119 ERIE STREET, St. Thomas, Ontario, N5R 2N1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

38 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate-High

38 hot days expected in 2050

60/100

Moderate-High

ClimateCheck®

Current data

This property, 119 ERIE STREET , experiences 7 hot days per year at around 30.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 38 hot days at 34 degrees Celsius.

Projected Avg. Temperature

Past

30.5℃

2050

34℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 119 ERIE STREET , experiences 11 significant 2-day storms per year, with about 325.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 401.8mm of precipitation per year.

Precipitation Per Storm

Past

325.7mm

2050

401.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 119 ERIE STREET, St. Thomas, Ontario, N5R 2N1

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

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 119 ERIE STREET, St. Thomas, Ontario, N5R 2N1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 119 ERIE STREET, St. Thomas, Ontario, N5R 2N1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

119 ERIE STREET, St. Thomas, Ontario, N5R 2N1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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