26 Inkerman Street, St. Thomas, ON

$2,999,999
MLS#:X8468024
0 beds
13 baths
15.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,999,999 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 13 Bathrooms
  • Premium 110 x 168.7 ft lot size
  • Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 15.0 total parking spaces available
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient other heating via gas

Description

This huge 12 plex offers 2 bedroom units each with balconies and ONE 4pc bath,ample parking spaces, a newly renovated attached 4 bedroom house, and separate coin operated laundry within the building! Prime location, close to all amenities, schools, grocery stores, hospital, etc.

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Property Summary

This multiplex located at 26 Inkerman Street, St. Thomas is currently for sale and has been available on SousaSells for 756 days. This property is listed at $2,999,999 with an estimated mortgage of $9,986* per month. It has 0 beds, 13 bathrooms, and is unknown square feet. 26 Inkerman Street, St. Thomas is in the St. Thomas neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

0
Bathrooms
13
0
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style3-Storey
ConstructionBrick
BasementPartial Basement
Lot Size110 × 168.7 Feet
CountyElgin
Annual Tax$21,668.2
Legal DescriptionPT LT 100 W/S INKERMAN ST, 101 W/S INKERMAN ST PL

Parking & Garage

Parking Spaces15.0
Garage Spaces15
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingOther

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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26 Inkerman 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 26 Inkerman Street, St. Thomas, ON N5P 3E8

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Thomas.

Configure Loan Settings

Interest Rate4.00%
Down Payment$900,000 (30.0%)
* Minimum Canadian down payment required for this price is $600,000.
Amortization Period30 Years
Estimated Monthly Payment$9,986Based on a loan of $2,099,999 over 30 years.
Purchase Price$2,999,999
Loan Amount$2,099,999
Provincial Land Transfer Tax:$61,475
Total Estimated Closing Taxes:$61,475

About Purchasing a Home in St. Thomas, ON

For a property listed at $2,999,999 in St. Thomas, the legal minimum down payment is $600,000 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 $61,475 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 $61,475.

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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$612,129

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

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

Secondary Schools

No secondary schools data loaded.

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.