For Sale

45 LOCUST Street, St. Thomas, Ontario N5R 2C2

$0

45 LOCUST Street, St. Thomas, Ontario N5R 2C2 is For Sale and has a listing price of 279,900. The property is located in the St. Thomas neighbourhood . It's been on the website for 112 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12192203
  • Office Name RE/MAX CENTRE CITY REALTY INC.
Property Description

Welcome to this two-storey home in the heart of St. Thomas an excellent investment opportunity for those looking to expand their real estate portfolio or secure a promising fixer-upper at an attractive price and 6.5% cap rate. Currently tenanted, the property offers immediate rental income, making it a smart choice for investors. Zoned R3, there is also potential for future development or expansion, adding long-term value to this versatile asset. The home features 5 bedrooms and 2 bathrooms, offering ample space and functionality. Located in a desirable area with established rental income and room for future growth, this property is a strong addition to any investment strategy. Whether you’re looking for immediate returns or long-term upside, this St. Thomas opportunity is worth your consideration.

Property Details
  • Bedrooms: 5
  • MLS ID: X12192203
  • Bathrooms: 2
  • Price: $279,900
  • Lot Depth: 120
  • Transaction Types: For Sale
  • Ref ID: X12192203
  • Year Built: N/A
  • Approx Sqft: < 700
  • Dir / Cross St: ROSS STREET
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
06/03/2025 X12192203 $279,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Thomas
  • $641,661 Average List Price
    based on 1 year
  • 231 New Listings
    based on 30 days
  • 54 Median Days on Market
    based on 1 year
  • List vs. Selling Price 70.96 % Up
  • Sold (12mo) 683
  • Rented (12mo) 74

  • 1 Month Change -17.9%
  • 3 Month Change -0.0%
  • 6 Month Change -20.7%
Walkscore
  • 59 Walk Score
    Somewhat Walkable
  • 76 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 2
  • Exterior Vinyl Siding
  • Kitchen Y
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $2,596
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TENANTS
  • Listing Entry Date: 03/06/2025 15:37:52
Want to see this property?