For Sale: 40-42 Locust Street, St. Thomas, ON - REW
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$658,900
4 bd 2 ba 1500 - 1999 sf Multifamily

40-42 Locust StreetSt. Thomas, ON, N5R 2C1

  • 4 Bed
  • 2 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

Welcome to 40-42 Locust Street, located on the South side of the City of St Thomas. This well-maintained, two storey, purpose-built all brick duplex offers an excellent opportunity for an investor, extended family, or owner occupier looking for additional income. Unit 40, located on the left Is the main floor unit, offers a spacious living room with patio doors opening onto a welcoming front porch. The eat-in kitchen includes a fridge, stove, and dishwasher. The generously sized primary bedroom features patio doors leading to a concrete rear porch and beautifully fenced-in yard. A second bedroom, 4pc bathroom, and convenient in-unit laundry complete the unit. Efficient hot-water boiler heating with in-floor heating provides comfort and warmth throughout. Unit 42, the upper unit, offers a similar spacious layout with a bright living room and patio doors leading to a front deck. The eat-in kitchen includes a fridge, stove, and dishwasher. A generously-sized primary bedroom, second bedroom, 4pc bathroom, a convenient second-floor laundry provide comfortable and practical living. The same efficient hot-water boiler system with in-floor provides warmth and helps keep operating costs manageable. Both units share access to a large fully fenced backyard, providing excellent outdoor space and privacy. A shared storage shed offers additional convenient storage for both units. Offering two self-contained units and an attractive opportunity for investors or buyers to live in one unit while generating rental income. (id:63626)
Listed by: MURRAY MUGFORD, Salesperson, CENTURY 21 FIRST CANADIAN CORP

Home facts and features

Price details
List Price
Gross Taxes for 2026
$3,771
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
122.7 feet
Frontage
51.1 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Features
Separate Electricity Meters, Separate Heating Controls
Appliances
Dishwasher, Dryer, Two Refrigerators, Two Washers, Two stoves, Water Heater, Water Heater - Tankless
Agent details
Primary Agent
MURRAY MUGFORD
Primary Broker
CENTURY 21 FIRST CANADIAN CORP
Listing details
Days on REW
1 Day
MLS® Number
X13688240
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Pierre Elliott Trudeau French Immersion Public School
  • Public
  • K - 8
Arthur Voaden Secondary School
  • Public
  • 9 - 12
Central Elgin Collegiate Institute
  • Public
  • 9 - 12
Forest Park Public School
  • Public
  • JK - 8
St. Anne's School
  • Catholic
  • JK - 8
Elgin Court Public School
  • Public
  • JK - 8
John Wise Public School
  • Public
  • JK - 8
Parkside Collegiate Institute
  • Public
  • 9 - 12
June Rose Callwood Public School
  • Public
  • JK - 8
Monsignor Morrison School
  • Catholic
  • 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
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