$1,280,000
62 Talbot Street, St. Thomas, ON N5P 1A4


St. Thomas, ON N5R 5H6
12 Bed · 6 Bath · Multiplex
MLS #X12544280
Listed Price
A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity.
Bedrooms
12
Bathrooms
6
Square Feet
5000 + sqft
Property Type
Multiplex
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PREMIER MATRIX REALTY LTD. BROKERAGE
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221 Highview Drive, St. Thomas, ON N5R 5H6 is a 12-bedroom, 6-bathroom 2 1/2 storey multiplex with approximately 5000 + square feet of living space, situated on a 87 116 foot lot. This property is currently for sale at $1,700,000. The home features a none garage and a partial basement basement, built approximately 16-30 years ago.
This home is located in St. Thomas, part of St. Thomas in the Elgin area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in St. Thomas, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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