48
109 ROSS STREET
$1,699,900 Sale
Listed 29 days ago
· 12+2
· 11.5
· 5
· 5000 - 100000
Key Facts
Key facts for 109 ROSS STREET
Property Type
Apartment, Fourplex
Parking
Garage: No, 5 parking
MLS #
X12080400
Size
5000 - 100000 sqft
Basement
Finished, Full (Finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Brand new purpose-built 4-plex in the growing city of St. Thomas, just minutes to London, the 401, and a short drive to Port Stanley beaches. With major employers like the new VW EV battery plant and Amazon fulfillment center, St. Thomas is experiencing rapid growth making this is a smart investment... or ideal multi-generational living option. Each side-by-side unit offers a mirrored main-floor unit with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to the rear parking. Upper units feature 3 bedrooms plus a den, 2.5 baths, and scenic top-floor views. All four units boast high ceilings, quartz countertops, upgraded lighting, separate laundry, and brand new, never-used appliances. Separately metered and completely vacant, the building offers 5 rear parking spaces and 2 sewer and water connections. With market rental rates estimated at $2,600/month per upper & $2300 /month per lower, this property projects a strong 6.9% cap rate an ideal opportunity for investors looking to secure cash flow in a high-demand rental market. (id:10452)
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Room Types
Bathroom
-
Dimensions Dimensions 1.52 m x 2.95 m
0 sqft
Bathroom
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Dimensions Dimensions 1.53 m x 1.7 m
0 sqft
Bathroom
-
Dimensions Dimensions 1.68 m x 3.22 m
0 sqft
Listing courtesy of: CENTURY 21 FIRST CANADIAN CORP
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