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241 Ross Street St. Thomas, Ontario N5R 3Y5

8 Bedroom 3 Bathroom 2500 - 3000 sqft
Central Air Conditioning Forced Air

$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:38414)

Property Details

MLS® Number X12085889
Property Type Multi-family
Community Name St. Thomas
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

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April 24 2025 04:22:48

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