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$524,999
Ontario,St. Thomas
For Sale Active
23 BARNES STREET, St. Thomas, Ontario N5R2V4
  • 3
  • 3
  • 1500 - 2000Square Feet
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Basic Details
Description

An outstanding opportunity to own a well-maintained and thoughtfully updated triplex offering excellent income potential and long-term stability. This fully tenanted property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout.Unit 1 – Main Floor Front Bright 1-bedroom unit with covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro.Unit 2 – Upper Unit Spacious

1-bedroom unit with private balcony. Currently leased at $1,035.32/month + hydro.Unit 3 – Main Floor Back Fully renovated to open-concept design in 2023, this stylish 1-bedroom unit offers a covered porch and large private rear deck. Leased at $1,600/month. Additional income generated by coin-operated washer and dryer (installed 2021), averaging approximately $800-$1,000 annually.Extensive updates provide peace of mind, including:Shingles (2019)Main porch railing (2020)Front door with keyless entry (2020)Most windows replaced Main floor front unit renovation (2020) with new flooring, paint, trim, and bathroom updates Upper unit flooring updates (2021)New furnace with dual heat control (November 2021)Owned water heaters The property offers two driveways with a total of three parking spaces. Covered porches and private outdoor areas enhance tenant appeal.A solid addition to any investment portfolio, offering reliable rental income, strong tenancy, and significant recent improvements. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12853090
  • Price: $524,999
  • Bedrooms: 3
  • Bathrooms: 3
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 275901
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning, Wall unit
  • Basement: Separate entrance, N/A
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, St. Thomas, N5R2V4
  • Street: Barnes
  • Street Number: 23
  • Street Suffix: Street
  • Longitude: W82° 48' 44.7''
  • Latitude: N42° 46' 33.3''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 58.5 x 83.5 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 2394
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Listing updated: 2026-03-09 00:46:17
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Listing Information
  • List Agent Key: 2254380
  • List Office Key: 275901
  • Modification Timestamp: 2026-03-06T14:30:54Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-03-06T14:22:45Z
Powered by REALTOR.ca
Listing updated: 2026-03-09 00:46:17
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