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33 STATION STREET, St. Thomas, Ontario, N5P 2X1

MLS® # X9053887
Investment For Sale In St. Thomas, Ontario
$1,075,000
33 Station Street, St. Thomas, ON - Outdoor With Deck Patio Veranda With Facade
33 Station Street, St. Thomas, ON - Outdoor With Deck Patio Veranda With Facade
33 Station Street, St. Thomas, ON - Outdoor
33 Station Street, St. Thomas, ON - Outdoor
Second Floor - 33 Station Street, St. Thomas, ON - Other
Main Level - 33 Station Street, St. Thomas, ON - Other
Third Floor - 33 Station Street, St. Thomas, ON - Other
Basement / Utilities - 33 Station Street, St. Thomas, ON - Other
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bedroom
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bedroom
33 Station Street, St. Thomas, ON - Indoor Photo Showing Laundry Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Dining Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bathroom
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bedroom
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bathroom
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bedroom
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Kitchen
33 Station Street, St. Thomas, ON - Indoor Photo Showing Kitchen With Double Sink
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bathroom
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Basement
33 Station Street, St. Thomas, ON - Indoor Photo Showing Basement
33 Station Street, St. Thomas, ON - Indoor Photo Showing Basement
33 Station Street, St. Thomas, ON  - Outdoor With Deck Patio Veranda With Facade
33 Station Street, St. Thomas, ON  - Outdoor With Deck Patio Veranda With Facade
33 Station Street, St. Thomas, ON  - Outdoor
33 Station Street, St. Thomas, ON  - Outdoor
Second Floor - 33 Station Street, St. Thomas, ON - Other
Main Level - 33 Station Street, St. Thomas, ON - Other
Third Floor - 33 Station Street, St. Thomas, ON - Other
Basement / Utilities - 33 Station Street, St. Thomas, ON - Other
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bedroom
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bedroom
33 Station Street, St. Thomas, ON - Indoor Photo Showing Laundry Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Dining Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bathroom
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bedroom
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bathroom
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Other Room
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bedroom
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Kitchen
33 Station Street, St. Thomas, ON - Indoor Photo Showing Kitchen With Double Sink
33 Station Street, St. Thomas, ON - Indoor Photo Showing Bathroom
33 Station Street, St. Thomas, ON - Indoor
33 Station Street, St. Thomas, ON - Indoor Photo Showing Basement
33 Station Street, St. Thomas, ON - Indoor Photo Showing Basement
33 Station Street, St. Thomas, ON - Indoor Photo Showing Basement
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33 STATION STREET, St. Thomas, Ontario, N5P 2X1
$1,075,000

Property Information:

Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of two three-bedroom units, two two-bedroom units, and two one-bedroom units. This property offers a 6.6% cap rate. Net operating income of $74,725.33, the building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hotspot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the propertys income potential. Additionally, theres potential for developing more units in the basement. This property offers a 6.6% cap rate. Interested parties are encouraged to inquire about competitive financing options available. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Dont miss out on this fantastic opportunity. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 6
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 120.0 Feet
  • Lot Frontage: 64.3 Feet
  • Lot Size: Bldg=64.41 x 120 FT
  • Zoning: R4
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 6

Courtesy of: KELLER WILLIAMS LIFESTYLES

REALTOR.ca  

Location of 33 STATION STREET, St. Thomas, Ontario, N5P 2X1

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, 33 STATION 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
7
2050
38

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, 33 STATION 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
11
2050
13

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.

Demographic Information of 33 STATION STREET, St. Thomas, Ontario, N5P 2X1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,553.86

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.51 %

High school certificate or equivalent

40.63 %

Apprenticeship trade certificate/diploma

4.22 %

College/non-university certificate

20.59 %

University certificate (below bachelor)

0.05 %

University Degree

7.0 %

Commuter

Travel To Work

By Car

88.27 %

By Public Transit

0.0 %

By Walking

5.38 %

By Bicycle

0.0 %

By Other Methods

6.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.26 %

Houses

56.74 %

Own Vs. Rent