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Mehdi Teimouri

Broker
Right At Home Realty, Brokerage Independently owned and operated. 1550 16 ave, Richmond Hill , Ontario L4b 3k9 Cell: 647-989-2641Office: 905-695-7888Fax: 905-695-0900

$769,000
Available - For Sale
Listing ID: X12805850
27 Southwick Street , St. Thomas, N5R 3R7, Elgin


Attention All Investors, This Impressive Red Brick, multi-use building, presents a fantastic opportunity in a Prime Location, in St. Thomas just off Centre Street, close to the downtown core. The Property features approximately 750 sq ft of Professional Office space on the main floor, presently Vacant. Also complemented by Four (4) Residential Apartments Fully Rented, offering diverse income streams. Parking will never be an issue with 12 parking spaces available on site. Inside, tenants and owners will benefit from numerous updates, including newer Gas Furnace, updated Electrical Hydro Service and Updated Fire Coded Drywall. There is significant potential to expand the residential Income further by adding one more Legal apartment in the basement, which already has Two points of Access and Larger Windows. This Solid building, with its combination of commercial and residential income, numerous updates, parking and incredible location.
Price $769,000
Taxes: $4692.00
Tax Type: Annual
Assessment Year: 2025
Occupancy: Tenant
Address: 27 Southwick Street , St. Thomas, N5R 3R7, Elgin
Postal Code: N5R 3R7
Province/State: Elgin
Legal Description: PLAN 3 BLK P LOT 14 PT 13 ST. THOMAS
Directions/Cross Streets: CENTRE
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 6070.00
Total Area Code:  Square Feet
Office/Appartment Area: 750
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX CENTRE CITY REALTY INC.
Personal Picture
Mehdi Teimouri
Broker
Dir:
647-989-2641
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Com - Commercial Retail
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: x 123.25(Feet)
Approximate Age: 51-99
Tax: $4,692
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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