519-932-0646 519-673-3839
26
$1,295,000 Sale
Listed 54 days ago
275 Talbot Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 275 Talbot Street
Key Facts
Key facts for 275 Talbot Street
Property Type
Commercial
Parking
None
MLS #
X13744814
Size
-
Basement
-
Listed on
2026-09-03
Lot size
23 x 122.0
Tax
$6,630.80 /yr
Days on Market
55
Approximate Age
-
Maintenance Fee
-
Description
Excellent Investment Opportunity near the Prestigious Courthouse area of Downtown St. Thomas. Recently Updated Mixed use Commercial Building with 7 Residential Units ( 6 One Bedroom Units + 1 Bachelor )and One Commercial Unit. Gross Yearly Income of $116,280.00. Current NET Income shows an approxima...te 7.4% return on asking price. Each Unit has its own Hydro meter and all Tenants pay their own Heat & Hydro. Building has Secure Entry, Fire Alarm System and Panel, Security Cameras and Emergency Exits. Recent Updates Include Renovations and Upgrades to Units 1,2,3,4,5 and 7. Exterior Front/Side/Rear Wall Elevations Renovated along with Exterior Windows ( 3 Years ago ), Interior Hallways Renovated with all Vinyl Flooring and LED Sensor Lighting ( 2 Years ago ). Owned Hot Water Heaters ( 2 Years ago ). Easy Access to London and Highway 401 as well as Port Stanley's Beaches. Walking distance to Convenient Shopping including Grocery Stores, Service Centres, Boutiques and more.
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Courtesy of: ROYAL LEPAGE TRILAND REALTY