70 STOKES Road, 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 $2,999,000 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.
- 24 Bedrooms and 12 Bathrooms with 12 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 107.15 x 217.16 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available
- Notable attributes: Intercom
- Efficient water heating via gas
Description
Well-maintained 12-unit apartment building ideally located directly across from Elgin Mall. Select units have been fully updated, featuring granite countertops, stainless steel appliances, dishwashers, and microwave ovens. Each apartment offers a private balcony and is plumbed for in-suite laundry. All units are individually metered for hydro. The property has been well cared for and is in excellent overall condition, making it a solid investment opportunity in a prime, high-visibility location.
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Property Summary
This multiplex located at 70 STOKES Road, St. Thomas is currently for sale and has been available on SousaSells for 242 days. This property is listed at $2,999,000 with an estimated mortgage of $9,983* per month. It has 24 beds, 12 bathrooms, and is 5000 + square feet. 70 STOKES Road, 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, Public Transit, School Bus Route, School
Interior Features
Intercom
Security Features
Smoke Detector, Alarm System
Community Features
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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 70 STOKES Road, St. Thomas, ON N5R 6A9
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 $2,999,000 in St. Thomas, the legal minimum down payment is $599,800 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 $61,450 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 $61,450.
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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.