241 Ross Street St. Thomas, Ontario N5R 3Y5
$924,900
Live-In Ready or Fully Leased | 7.06% Cap Rate | Top 5% Performing Triplex in Ontario. A rare opportunity to own a fully renovated, high-yield triplex with top-tier financials and no renovation risk. This turnkey property offers high gross rents, a strong tenant base, and separate entrances & utilities for all units. Live in one unit while the other two cover your mortgage or lease all three for consistent passive income. Features include renovated to studs in 2015, coin laundry, 4-car parking, and a quiet, amenity-rich location ideal for long-term growth. This property outperforms nearly everything in its class and is a perfect fit for both investors and lifestyle buyers. Located in a friendly community near key amenities and bus routes. (id:61716)
Property Details
| MLS® Number | X12085889 |
| Property Type | Multi-family |
| Community Name | SW |
| AmenitiesNearBy | Public Transit |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Stone |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 60 Ft |
| SizeFrontage | 47 Ft ,6 In |
| SizeIrregular | 47.5 X 60 Ft |
| SizeTotalText | 47.5 X 60 Ft |
| ZoningDescription | R3 |
https://www.realtor.ca/real-estate/28174633/241-ross-street-st-thomas-sw
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April 16 2025 02:51:10
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp
