62 Talbot Street, St. Thomas, ON

$1,375,000
MLS#:X12858868
12 beds
7 baths
3000-3500 sqft
9.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,375,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 12 Bedrooms and 7 Bathrooms with 7 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 58.15 x 169.93 ft lot
  • Features a ["walk-up"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with ["other"] central cooling and highly efficient water heating via gas

Rare 6-Unit Investment Opportunity in Prime St. Thomas Location.This unique two-storey six-plex offers a rare opportunity for investors, featuring six spacious 2-bedroom units plus a separate bachelor granny flat in the basement, for a potential total of 7 rental units and 7 bathrooms. One of the 2-bedroom units can easily be converted to a 3-bedroom by incorporating the bachelor suite ( granny flat), providing additional income flexibility.Originally built in 1870 and extensively renovated in 2003, the property also includes four modern units added at the rear along with a detached garage. The exterior was professionally stripped and refinished in brick, giving the building a refreshed and durable finish.Interior upgrades include tile flooring throughout, granite countertops, and jetted tubs in six units. Unit 1 features a high-end kitchen with plywood cabinetry and maple doors, while Unit 2 showcases three skylights that flood the space with natural light.Tenants benefit from efficient gas radiant heating with wall-mounted units, along with seven owned water heaters (four recently replaced). On-site coin laundry is available, with machines replaced within the last 3-4 years.Major updates include newer windows and entry doors, plus metal roofs installed within the past seven years on both the main building and detached garage.The property backs onto Elevated Park and across from Jumbo the Elephant, one of the city's most recognized landmarks.Additional highlights include parking for 9 vehicles, with extra overnight parking available across the street. A 600 sq. ft. garage offers four large storage units, with one currently allocated for tenant use.This turnkey investment combines strong income potential, extensive upgrades, and a prime high-visibility location in one of St. Thomas's most recognizable areas.

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Key Features

Bedrooms
12
Bathrooms
7
Kitchens
7
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 12, 2026
Sold price information is available to members only
Listed Date3/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick, Vinyl Siding
Lot Size58.15 × 169.93 Feet
CountyElgin
Annual Tax$7,456
Legal DescriptionPT LT 6 S/S TALBOT ST PL 1 ST. THOMAS PT 1 11R4860; ST. THOMAS

Parking & Garage

Parking Spaces9.0
Garage Spaces9
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["Other"]

Features

Property Features

Community Features

Location

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62 Talbot Street, St. Thomas, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 62 Talbot Street, St. Thomas, ON N5P 1A4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,100,000
Monthly Mortgage$6,391
Property Tax (Est.)$621
Utilities & Maint.$350
Total Monthly Cost$7,362

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in St. Thomas.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for St Thomas, St Thomas.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Elgin Court
Public254 First Avenue, St. Thomas, Ontario, N5R 4P5
4.3
St. Anne's
Catholic84 Park Avenue, St. Thomas, Ontario, N5R 4W1
5.5
Forest Park
Public295 Forest Avenue, St. Thomas, Ontario, N5R 2K5
2.6
John Wise
Public100 Parkside Drive, St. Thomas, Ontario, N5R 3T9
4.4
Mitchell Hepburn
Public95 Raven Avenue, St. Thomas, Ontario, N5R 0C2
5.7

Secondary Schools

Central Elgin
Public201 Chestnut Street, St. Thomas, Ontario, N5R 2B5
5.6
Parkside
Public241 Sunset Drive, St. Thomas, Ontario, N5R 3C2
6.1
St. Joseph’s
Catholic100 Bill Martyn Parkway, St. Thomas, Ontario, N5R 6A7
6.5
Arthur Voaden
Public41 Flora Street, St. Thomas, Ontario, N5P 2X5
2.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.