26 Inkerman Street, St. Thomas, ON
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 $2,129,999 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.
- 28 Bedrooms and 13 Bathrooms with 13 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 110 x 168.7 ft lot
- Features a partially finished, unfinished 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
Attention Investors! This huge 12 plex offers 2 bedroom units each with balconies and 1 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.This is an opportunity you do not want to miss! Tons of potential for growth, this cashflow behemoth is a perfect opportunity for the right savvy investor.
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Pricing & Value Insights
Data-driven valuation for 26 Inkerman Street 24, St. Thomas, ON N5P 3E8
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About Purchasing a Home in St. Thomas, ON
For a property listed at $2,129,999 in St. Thomas, the legal minimum down payment is $426,000 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 $39,725 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 $39,725.
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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.