59 Fifth Avenue, St. Thomas, ON
Property no longer active
This property was sold on August 16, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $579,900 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
- Premium 38 x 79 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
***Investment Opportunity*** This turn-key, 2.5-storey vacant duplex in St. Thomas presents a perfect investment or house hack opportunity. Professionally renovated with meticulous attention to detail, this property offers modern amenities while preserving its classic charm. Full list of reno's available. Each unit boasts spacious layouts, featuring bright living areas, contemporary kitchens with stainless steel appliances, and elegant finishes throughout. The upper unit includes a versatile loft space, which will provide you with a large bedroom or an office/bedroom combination. Separate entrances and utilities provide privacy and convenience for potential tenants or dual-family living. The exterior is equally impressive, with new windows, updated roofing, landscaping and new deck enhancing curb appeal. Situated in a desirable neighborhood, this duplex is close to local amenities, schools, and parks, making it attractive to a wide range of renters.
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Property Summary
This duplex located at 59 Fifth Avenue, St. Thomas is currently for sale and has been available on SousaSells for 741 days. This property is listed at $579,900 with an estimated mortgage of $1,930* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 59 Fifth Avenue, 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
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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 59 Fifth Avenue, St. Thomas, ON N5R 4C7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Thomas, ON
For a property listed at $579,900 in St. Thomas, the legal minimum down payment is $32,990 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 $8,073 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 $8,073.
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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.