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$498,800
Ontario,St. Thomas
For Sale Active
25 STATION STREET, St. Thomas, Ontario N5P2W8
  • 4
  • 3
  • 2000 - 2500Square Feet
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Basic Details
Description

Fantastic investment opportunity in the growing city of St. Thomas! This 1.5-storey legal triplex offers strong income with long-term tenants in place and significant upside as current rents are well below market. The property features three units plus a bonus detached shop that is leased for additional monthly revenue. The main front 2-bedroom unit has been fully updated with new

flooring, trim, lighting, doors, hardware, a modern kitchen with updated appliances (fridge, stove, dishwasher, washer & dryer), and a stylish bathroom with a tiled shower. The upper studio unit has also been renovated and includes a gas fireplace, with the potential to convert it into a 1-bedroom by adding a wall. The rear 1-bedroom unit is efficiently heated with electric baseboards. Tenants pay separately metered hydro. The landlord pays water and heat for the main and upper units. Rents: 2-bedroom at $1,650, 1-bedroom at $666.25, and studio at $556.58. The detached rear shop provides an additional $515/month. One tenant is on a lease; the other two are month-to-month. Major improvements include: new roof and underlayment (2022), furnace replaced (2017), owned water heaters (2016), fresh exterior painting, and a new window in Unit A. A small lot across the street (26 Station St) is included in the sale, offering 3 extra parking spaces for a total of 4-5. This is a turnkey, low-maintenance income property with excellent future potential in a high-demand rental area. A great addition to any investor’s portfolio. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12763660
  • Price: $498,800
  • Bedrooms: 4
  • Bathrooms: 3
  • Square Footage: 2000 - 2500 Sqft
  • Status: Active
  • Office Name: EXP REALTY
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 282722
Features & Appliances
Features
  • Heating System: Forced air, Natural gas, Baseboard heaters, Not known
  • Cooling System: Central air conditioning
  • Basement: Unfinished, Crawl space
  • Parking: No Garage, Carport
  • Exterior Features: Aluminum siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, St. Thomas, N5P2W8
  • Street: Station
  • Street Number: 25
  • Street Suffix: Street
  • Longitude: W82° 48' 35''
  • Latitude: N42° 46' 57.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 42 x 120 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 3151
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Listing updated: 2026-03-09 00:46:10
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Listing Information
  • List Agent Key: 2189711
  • List Office Key: 282722
  • Modification Timestamp: 2026-02-24T01:00:06Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-02-24T00:51:51Z
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Listing updated: 2026-03-09 00:46:11
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