Price ChangeFor Sale

449 Talbot Street
St. Thomas, Elgin, ON, N5P 1C1

Investment
TRREB
MLS® Number: X11960384
$2,399,000List Price
InvestmentProperty Type
16,000 sq ftSize
$20,003 / 2024Taxes (Annual)
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PRICE CHANGED
$2,399,000
Previously Listed For:
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Property Location

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Listing History

Buy/sell history for 449 Talbot Street, St. Thomas, ON N5P 1C1

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Description

This mixed-use commercial property at 449-453 Talbot Street, situated in the heart of Downtown St. Thomas, presents a prime investment opportunity. Fully tenanted and zoned C2, the property features an 8,000 sq. ft. commercial space on the ground floor at 449 Talbot Street, alongside seven spacious, loft-style residential units at 453 Talbot Street. Each residential unit is equipped with separate hydro meters, hot water tanks, furnaces, and central air conditioning. With a gross annual rental income of $184,530, this property provides a solid return on investment while offering potential for future growth. It also boasts excellent visibility and accessibility in a rapidly expanding, vibrant community. EXTRAS: Possibility of retail business for sale.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$20,003 / 2024
Listing #:X11960384
Property Type:Investment
Size:16,000 sq ft
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE TRILAND REALTY

Rooms

Details

Property

Property Type:Investment
Community:St. Thomas
Municipality:Elgin

Building

Size:16,000 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Hiawatha St

$2,399,000

List price

449 Talbot Street, St. Thomas – Investment for sale · MLS® # X11960384 | CPRB