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$499,999
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 exceptional opportunity to own a well-maintained and extensively updated triplex offering strong income potential and long-term investment stability. This property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout. Unit 1 – (Main Floor) Front Bright and inviting 1-bedroom unit featuring a covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro. Unit 2

– (Upper Unit) 1-bedroom unit with a private balcony. Currently leased at $1, 035.32/month + hydro. Unit 3 – (Main Floor Back) Fully renovated in 2023 with a modern open-concept layout, this stylish 1-bedroom unit includes a covered porch and large private rear deck. Currently vacant, providing an excellent opportunity to set market rent or occupy yourself. Additional income is generated through a coin-operated washer and dryer installed in 2021, averaging approximately $800-$1, 000 annually. Recent Updates Include: Shingles (2019), Main porch railing (2020), Front door with keyless entry (2020), Most windows replaced, Main floor front unit renovation (2020), including flooring, paint, trim, and bathroom updates, Upper unit flooring updates (2021), New furnace with dual heat control (November 2021), Owned water heaters. This property also offers two driveways with parking for three vehicles. Covered porches and private outdoor areas enhancing tenant appeal and overall value. A turnkey addition to any investment portfolio with reliable rental income, quality tenants, and significant recent improvements. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13109596
  • Price: $499,999
  • 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: N/A, Separate entrance
  • 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: 2026-06-18 03:49:25
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Listing Information
  • List Agent Key: 2254380
  • List Office Key: 275901
  • Modification Timestamp: 2026-06-13T19:25:04Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-06-13T19:21:36Z
Powered by REALTOR.ca
Listing updated: 2026-06-18 03:49:25
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