46 Elgin Street, St. Thomas, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $374,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 26 x 110 ft lot
- Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter
- Efficient forced air heating via gas
Description
Located close to downtown St. Thomas and everyday amenities, this up-and-down duplex offers an excellent opportunity for investors or owner-occupiers looking to generate rental income. Featuring two self-contained 2-bedroom units, each with separate entrances, dedicated parking, and access to their own laundry facilities.A standout feature of this property is that each unit is separately metered for hydro, heat, and water, with tenants responsible for their own utilities. Both upper and lower units include a family room, eat-in kitchen, full bathroom, basement storage and laundry. Appliances included are 2 fridges, 2 stoves, 2 washers, and 2 dryers. Both units are currently occupied on a month to month lease. Conveniently situated near shopping, restaurants, schools, and transit. Whether you're looking to expand your investment portfolio or get started in income property ownership, this duplex offers solid potential in a desirable St.Thomas location.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This duplex located at 46 Elgin Street, St. Thomas is currently for sale and has been available on SousaSells for 38 days. This property is listed at $374,900 with an estimated mortgage of $1,248* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 46 Elgin 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Interior Features
Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter
Security Features
Community Features
Location
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 46 Elgin Street, St. Thomas, ON N5R 3M1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Thomas.
Configure Loan Settings
About Purchasing a Home in St. Thomas, ON
For a property listed at $374,900 in St. Thomas, the legal minimum down payment is $18,745 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 $4,099 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 $4,099.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for St. Thomas, St. Thomas.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.