109 Ross Street, St. Thomas, ON N5R 3X8
St. Thomas, ON, N5R 3X8 · St. Thomas
About this property
Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build features 5500+ Sq ft of luxury finishes throughout. Always Fully Rented - Current income $112,800/year ($2300,$2400,$2500,$2200). Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered for all services with tenants paying all utilities. All paved wtih 5 parking spaces . Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow in a high-demand rental market, multi-generational living, or ideal live in with income! Note: very low property taxes and general out door maintenance. High quality construction. An excellent building to add to your portfolio! 6.1% CAP Rate!
Features & Amenities
- Basement: Full, Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 3-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 3-Storey |
| Bedrooms | 14 |
| Bathrooms | 12 |
| Basement | Full, Finished |
| Garage | None |
| Parking Spaces | 5 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $5,000 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Sump Pump, Water Heater Owned, Separate Hydro Meter, On Demand Water Heater, In-Law Capability
Exterior Features
- Exterior Features
- Lighting, Year Round Living
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Poured Concrete
- Roof
- Shingles
- Basement
- Full, Finished
- Approximate Age
- 0-5
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 5
- Parking Total
- 5.00
- Parking Features
- Available
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 99.77
- Lot Width
- 59.42
Community & Neighborhood
- Property Features
- Hospital, Library, School
Financial & Tax
- Tax Annual Amount
- $5,000
- Tax Year
- 2026
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 6
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 12
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Elgin
- Cross Street
- Ross & Wellington
- Directions
- Heading East on Wellington turn left onto Ross St.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
109 Ross Street, St. Thomas, ON N5R 3X8, St. Thomas, ON, N5R 3X8