For Sale: 55 East Street, St. Thomas, ON - REW
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$599,900
5 bd • 2 ba • 2000 - 2499 sf • Multifamily
55 East Street
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$599,900
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55 East StreetSt. Thomas, ON, N5P 2R3

  • 5 Bed
  • 2 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

Vacant Possession Duplex in St. Thomas - Set Your Rents from Day OneA rare opportunity to take control of your investment from the start. This 2.5-storey duplex will be delivered vacant on closing, allowing you to secure market rents immediately.Located in an established area of St. Thomas close to amenities and transit, supporting consistent tenant demand.The home features two self-contained units with private entrances. The main floor offers a bright living space with large windows, laminate flooring, decorative fireplace, two bedrooms, a 3-piece bath, and an updated eat-in kitchen with newer cabinetry and stainless steel appliances. A rear mudroom adds functional entry and storage. Main floor tenant is moving out June 1st.The upper unit includes two bedrooms, a full 4-piece bath, kitchen, and access to a private deck. The finished third floor expands the upper unit with an additional bedroom and large living area. Upper unit is already vacant for you. Shared laundry is located in the lower level with potential for coin operation. Rear parking for two vehicles in the garage and one more in the driveway. Key updates include separate hydro meters plus a common meter, updated electrical (ESA Feb 2025), steel roof (2022) with transferable warranty, owned water heaters and water softener, and natural gas furnace. Two fridges and two stoves with transferable warranty. Two self-contained units with finished third-floor space expanding the upper unit offer strong rental potential. Financial summary available in supplements. (id:63626)
Listed by: Bev Hepburn, Broker, COLDWELL BANKER PETER BENNINGER REALTY

Home facts and features

Price details
List Price
$599,900
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Gross Taxes for 2025
$2,273
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
3
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Depth
107 feet
Frontage
30.0 feet
Exterior Finish
Brick, Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Unfinished, Walk-up, ,
Features
Separate Electricity Meters
Appliances
Dryer, Hood Fan, Two Refrigerators, Two stoves, Washer, Water Heater, Water softener, Window Coverings
Agent details
Primary Agent
Primary Broker
COLDWELL BANKER PETER BENNINGER REALTY
Listing details
Days on REW
37 Days
MLS® Number
X13067244
Source
Canadian Real Estate Association
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25 Years
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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
Central Elgin Collegiate Institute
  • Public
  • 9 - 12
Forest Park Public School
  • Public
  • JK - 8
St. Anne's School
  • Catholic
  • JK - 8
John Wise Public School
  • Public
  • JK - 8
Parkside Collegiate Institute
  • Public
  • 9 - 12
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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Call Agent
Broker
Bev Hepburn
Phone:
(519) 573-2610
Cell:
519-573-2610
Office:
519-742-5800
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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.