EXCELLENT DOWNTOWN ST THOMAS MEDICAL OFFICE LEASED TO THE SAME TENANT FOR OVER TEN YEARS, WITH A NEW 2 YEAR EXTENSION ON THE EXISTING LEASE EFFECTIVE DECEMBER1ST,2024 THIS IN AN EXCELLENT INVESTMENT PROPERTY. IT HAS BEEN COMPLETELY RENOVATED INTO OFFICES ON BOTH LEVELS FOR THE CURRENT TENANT. THERE IS ALSO A NEWER ROOF. TENANT IS RESPONSIBLE FOR ALL EXPENSES INCLUSIVE OF REALTY TAXES AND INSURANCE. NET INCOME TO THE LANDLORD OF $49,800.00 PER YEAR. LANDLORD RESPONSIBLE FOR ROOF, REPLACEMENT OF HVAC IF REQUIRED AND STRUCTURE.
PART LOT 13 N/S TALBOT STREET PLAN 15 ST THOMAS PA
Occupancy
Tenant
Possession Date
JAN 1/25
Taxes (2024)
$5,607.41
Tax Type
Annual
Directions/Cross Streets
TALBOT EAST
Neighbourhood
SW
Area
Elgin
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
20.83 x 126.13 ft
Lot Irregularities
20.83 X 34.60 X0.41 X94.73 X20.83 X126.1
Total Area
3,826 ft2
Approximate Age
51-99
Elevator
None
Air Conditioning
Y
Basement
Y
Chattels
N
Garage Type
None
Heat Type
Gas Forced Air Closd
Financial Statement
N
Outside Storage
N
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
UFFI
No
Crane
N
Rail
N
Survey
N
Lot/Bldg/Unit Code
Lot
Zoning
C-1 DOWNTOWN COMMERCIAL
Seller Property Info Statement
N
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.