Property Details
232 ELM Street, St. Thomas, Ontario, N5R1J5
Sales Representative
BAILE REALTY INC., BROKERAGE
Cell: 519-381-1790
$3,900,000 - For sale
FOR SALE: 23-unit, 3 story walk-up apartment building with potential to build up to 8 additional units on site! A report from a local planning firm suggests that increased density on this site would likely be supported given the sites characteristics, arterial road access and proximity to a major regional health care centre. With below market rents and a unique opportunity to turn over and renovate, this investment opportunity is full of potential. Nestled on 0.659 acres across from the St. Thomas Elgin General Hospital on an arterial road, this property offers tenants excellent transportation and a quiet neighbourhood. With Amazon opening shortly and the VW battery plant currently under construction, the local housing demand is only going to increase over the next decade. Don't miss this opportunity to get in before demand pushes the market even higher. (id:2471)
Location DescriptionOn the north side of Elm Street directly across from the St. Thomas Elgin General Hospital parking lot.
- Property Address:232 ELM Street, St. Thomas, Ontario, N5R1J5
- Property Type:Multi-family
- Title:Freehold
- Lot Size:1/2 - 1.99 acres
- Acreage:1/2 - 1.99 acres
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Parking Space Total:22
- Bedrooms:23
- Bathrooms:23
- Floor Space:15000
- Heating Type:Radiant heat
- Storeys:3
- Basement Type:None
- Foundation Type:Poured Concrete
- Cooling Type:None
- Exterior Type:Brick
- Amenities Nearby:Hospital
Sales Representative
BAILE REALTY INC., BROKERAGE
Cell: 519-381-1790
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 232 ELM Street, St. Thomas, Ontario, N5R1J5
- Neighbourhood Information
232 ELM Street, St. Thomas, Ontario, N5R1J5
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