000 warehouse Street, St. Thomas, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of St. Thomas. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,200,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 730.31 x 160 ft lot size
- Notable attributes: None
Description
Rare opportunity to purchase this PRIME 2.781 Acre parcel of land in the City of St. Thomas. The proposed preliminary development is 24 townhouses and 2 single family residences to align with the surrounding neighbourhood. Located just 1 block south of Talbot St, at Fairview Ave. close proximity to VW plant and Amazon, this is a great parcel to add to your portfolio. Phase 1 is done. Buyer to do own due diligence. Call LA for more info. LOTS 1-8 BLOCK 2 PLAN 80, LOTS 32, 33, 34 PLAN 93, LOTS 8 TO 12 BLOCK 1 PLAN 80, PART LOT 89 PLAN 209, PART LOTS 35, 38 PLAN 93, PART LOT 7 BLOCK 1 PLAN 80, PART CANADA SOUTHER RAILWAY PLAN 209 PT 3, 11R9171 EXCEPT PTS 1 & 2, 11R9205 AND PARTS 3,4,5, ON 11R10040 CITY OF ST.THOMAS - CITY HAS ADDRESS AS 000 PARK AVE
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 000 warehouse Street, St. Thomas, ON N5R 3A7
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About Purchasing a Home in St. Thomas, ON
For a property listed at $2,200,000 in St. Thomas, the legal minimum down payment is $440,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $41,475 for this transaction. As this listing is in St. Thomas (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $41,475.
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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.