Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $389,000 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.
Space. Nature. Location. This home has it all. Set on an exceptional (0.482 acres) lot with generous dimensions of 171 ft. frontage x 122 ft. depth, this property offers the kind of potential that is truly rare within city limits. Backing onto green space and a park, the lot enjoys a natural, tree-lined backdrop that delivers privacy, tranquillity, and a beautiful connection to the outdoors, just minutes from St. Thomas's full range of shopping, dining, schools, and everyday conveniences. The existing 4 bed 2 bath duplex offers immediate income potential while you plan your next move - whether that's a stunning custom-built home, a larger multi-unit investment, or simply holding a prime piece of land in a growing community with easy access to London, just 20 minutes north.
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This detached home located at 137 Locust Street, St. Thomas is currently for sale and has been available on SousaSells for 64 days. This property is listed at $389,000 with an estimated mortgage of $1,295* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 137 Locust Street, St. Thomas is in the St. Thomas neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Greenbelt/Conservation, River/Stream
Solar Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 137 Locust Street, St. Thomas, ON N5R 2C6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Thomas.
About Purchasing a Home in St. Thomas, ON
For a property listed at $389,000 in St. Thomas, the legal minimum down payment is $19,450 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 $4,310 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 $4,310.
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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.