For Sale: 40 Barnes Street, St. Thomas, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$599,900
5 bd • 3 ba • 1100 - 1499 sf • Multifamily
40 Barnes Street
Street ViewDirections
$599,900
Get pre-approved

40 Barnes StreetSt. Thomas, ON, N5R 2V5

  • 5 Bed
  • 3 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

INVESTMENT OPPORTUNITY AWAITS - This turnkey Duplex with a legal basement apartment is located on a large 70' wide lot on a quiet street in the heart of St Thomas and close to all amenities. MAIN FLOOR UNIT - Accessed through the side door, this unit features 2 Bedrooms, Livingroom, Kitchen with Refrigerator and Stove included, and 4 Piece Bath - Currently vacant but lease potential of $1,800 per month Plus 1/2 Hydro. UPPER UNIT - Accessed through the front door, this unit features 2 Bedrooms, Livingroom, Kitchen with Refrigerator and Stove included and a 3 piece Bath - Currently leased at $1,550 per month on a month - month basis plus hydro. BASEMENT UNIT - Access is through the rear door and features 1 Bedroom with a fire coded egress window, Livingroom, Kitchen with Refrigerator and Stove included, and a 3 Piece Bath - Currently vacant but lease potential of $1,200 per month + 1/2 hydro. UTILITIES - Landlord pays for Enbridge gas heat and common hydro usage, 3 electrical meters - one for upper, one for main and basement and 1 for common area and the 3 Hot water tanks are owned. OUTSIDE - The double wide paved drive is large enough to handle 3-4 vehicles with access to the Garage for storage of lawn equipment. LAUNDRY - A condensing Washer and Dryer unit is located in each unit for use by the tenants. SAFETY - Smoke and CO Detectors on all 3 levels are linked to provide added safety. INCOME AND EXPENSES - Based on 2025 costs - Insurance $2,787.92, Enbridge Gas $1,079.36, Property Taxes $2,738.00, Entegrus hydro/water/sewer $1,152 offering a 6.5% CAP Rate. ADDITIONAL RESIDENTIAL UNITS - Explore adding Additional Residential Units in the rear / side yard or possibly severing the side yard to increase the investment potential of this property. NEXT STEPS - With the explosive growth happening in St Thomas, don't wait to schedule an appointment today to checkout your next invest opportunity (id:63626)
Listed by: EARL TAYLOR, Broker, COLDWELL BANKER STAR REAL ESTATE

Home facts and features

Price details
List Price
$599,900
Get Pre-Approved
Gross Taxes for 2025
$2,738
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
5
Parking Details
Garage, Detached Garage
Property Type
Multifamily
Depth
101.3 feet
Frontage
70.9 feet
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Full
Features
Irregular lot size
Appliances
Dryer, Washer, Water Heater, Water meter
Agent details
Primary Agent
Primary Broker
COLDWELL BANKER STAR REAL ESTATE
Listing details
Days on REW
12 Days
MLS® Number
X13536296
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
Pierre Elliott Trudeau French Immersion Public School
  • Public
  • K - 8
Central Elgin Collegiate Institute
  • Public
  • 9 - 12
Forest Park Public School
  • Public
  • JK - 8
June Rose Callwood Public School
  • Public
  • JK - 8
St. Anne's School
  • Catholic
  • JK - 8
Elgin Court Public School
  • Public
  • JK - 8
Monsignor Morrison School
  • Catholic
  • JK - 8
Lockes 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 2026-07-19.
Call Agent
Broker
EARL TAYLOR
Phone:
(519) 670-9223
Cell:
519-670-9223
Office:
519-633-5570
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.