For Sale: 35-37 Kains Street, St. Thomas, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$429,900
5 bd • 4 ba • 2500 - 2999 sf • Multifamily
35-37 Kains Street
Street ViewDirections
$429,900
Get pre-approved

35-37 Kains StreetSt. Thomas, ON, N5P 1N1

  • 5 Bed
  • 4 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

An exceptional opportunity to acquire a solid, income-producing legal fourplex offering both stability and upside potential. Three of the four units are occupied by long-term tenants, providing consistent rental income and low turnover. The remaining 2 bedroom unit has been newly updated and is currently vacant-ideal for an owner-occupant or the seller will guarantee market rent of approximately $1,600 until the end of September while the new owner finds a tenant to occupy the unit. The property features four separate hydro metres, a brand new boiler installed in 2024, and is in a great central location close to schools, shopping, and all of your amenities. The potential yearly rental income with the property fully tenanted is just under $40,000 with an NOI of just under $30,00 and boasts a potential cap rate of 6.76%. Don't miss out on this excellent investment opportunity in the heart of St. Thomas. Book you private showing today! (id:63626)
Listed by: AARON WALL, Salesperson, ELGIN REALTY LIMITED

Home facts and features

Price details
List Price
$429,900
Get Pre-Approved
Gross Taxes for 2025
$3,341
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Depth
68.7 feet
Frontage
53.3 feet
Exterior Finish
Brick
Heating Type
Baseboard heaters, Radiant heat, Other
Basement Details
Unfinished,
Features
Separate Electricity Meters
Appliances
Refrigerator, Stove
Agent details
Primary Agent
AARON WALL
Primary Broker
ELGIN REALTY LIMITED
Listing details
Days on REW
28 Days
MLS® Number
X13109744
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

Connect to a mortgage specialist

REW Money
REW Money

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Arthur Voaden Secondary School
  • Public
  • 9 - 12
June Rose Callwood Public School
  • Public
  • JK - 8
Monsignor Morrison School
  • Catholic
  • JK - 8
Lockes Public School
  • Public
  • JK - 8
Pierre Elliott Trudeau French Immersion Public School
  • Public
  • K - 8
Forest Park Public School
  • Public
  • JK - 8
Central Elgin Collegiate Institute
  • Public
  • 9 - 12
St. Anne's School
  • Catholic
  • JK - 8
Elgin Court Public School
  • Public
  • JK - 8
John Wise Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near St. Thomas

Neighborhoods near St. Thomas

Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.
Call Agent
Salesperson
AARON WALL
Office:
519-637-2300
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.