74 MANITOBA Street, St. Thomas, ON
Property no longer active
This property was sold on August 21, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow multiplex located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium wood and vinyl siding construction, this residence presents an exceptional opportunity offered at $549,000 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.
- 4 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Premium 55 x 107 ft lot size
- Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Other
- Efficient forced air heating via gas
Description
Attention investors! Seize the opportunity to own a fully rented, cash-flowing fourplex in an excellent location. This well-maintained property features 2 one-bedroom units & 2 two-bedroom units, completely rented out. Unit #1: $1,300/month (fully renovated in 2022)Unit #2: $1,000/month, Unit #3: $465/month (tenant pays electricity)Unit #4: $750/month, a total annual rent of $42,180, ensuring immediate profitability. Updates include; New steel roof installed in 2024, New water heater in 2024 and new furnace in 2022 and a new walkway in 2022, enhancing curb appeal and property accessibility. Situated just a couple of blocks from the vibrant shops on Talbot Street and the Horton Farmers Market, this property offers convenience and charm. St. Thomas continues to grow and with Volkswagen set to build the new battery cell Gigafactory in 2027, now is the perfect time for first-time investors or seasoned professionals to expand their portfolio to get into the market!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This multiplex located at 74 MANITOBA Street, St. Thomas is currently for sale and has been available on SousaSells for 733 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 74 MANITOBA 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
Interior Features
Other
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 74 MANITOBA Street, St. Thomas, ON N5P 3A4
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 $549,000 in St. Thomas, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.
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.