ExtensionFor Sale

221 Highview Drive
St. Thomas, Elgin, ON, N5R 5H6

Multiplex
TRREB
MLS® Number: X12544280
Estimated Value
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$1,700,000List Price
12Bedrooms
6Bathrooms
0Garages
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Listing History

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Current valuation for 221 Highview Drive, St. Thomas, ON N5R 5H6. Listed for $1,700,000 on 2026-11-02

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Description

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.

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Summary

Tax:$8,934.54 / 2024
Listing #:X12544280
Property Type:Multiplex, 2 1/2 Storey
Building Age:16-30
Size:5000 + feet²
Land Size:87.47 x 115.82 | < .50 acres
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE TRILAND REALTY

Rooms

Details

Property

Property Type:Multiplex
Style:2 1/2 Storey
Community:St. Thomas
Municipality:Elgin

Building

Size:5000 + feet²
Building Age:16-30
Construction:Brick

Inside

Bedrooms:12
Bedrooms Above Grade:12
Bathrooms:6
Kitchens:6
Family Room:No
Appliances Included:Floor Drain, Separate Heating Controls
Basement:Partial Basement

Parking

Driveway:Private
Garage Type:None
Garage Spaces:0
Total Parking Spaces:7

Utilities

Cooling:Wall Unit(s)
Heating Type:Baseboard
Heating Fuel:Electric
Utility Sewer:Sewer

Land

Cross Street:WELLINGTON STREET

$1,700,000

List price

221 Highview Drive, St. Thomas – 12 bed Multiplex for sale · MLS® # X12544280