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• St. Thomas/

• 52 Hiawatha St, St. Thomas, ON N5P 2T4

$2,400,000 ^{FOR SALE}

Investment

Lot: 98.17 x 0 ftTotal Area: 9,373 ft²
2023 Taxes: $21,157

52 Hiawatha St
St. Thomas, ON N5P 2T4 | Elgin

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The Investments Group is proud to offer for sale 52 Hiawatha Street, St. Thomas, ON, a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns.

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Listed By	ROYAL LEPAGE SIGNATURE REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X7343028
Last Updated	Mar 20, 2024

Property Summary

Property Type	Investment More like this: St. Thomas Investment for Sale
Category	Apartment
Occupancy	Tenant
Possession Date	Flexible
Taxes (2023)	$21,157
Tax Type	Annual
Directions/Cross Streets	Scott Street
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	98.17 x 0 ft
Total Area	9,373 ft2
Elevator	None
Air Conditioning	N
Garage Type	Outside/Surface
Heat Type	Gas Forced Air Open
Utilities	Y
Water	Municipal
Rail	N
Lot/Bldg/Unit Code	Lot
Zoning	N/A
Seller Property Info Statement	N

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