St. Thomas · N5P 1B6
$489,000
$272 / sq ft2 months on market
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Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential. Buyer and Buyer's Representative to verify all measurements, dimensions, specifications, and all other information to their own satisfaction prior to submitting an offer.
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An estimate on the asking price of $489,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 PROPERTY ZONE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.