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MLS® X13536296
St. Thomas, ON
INVESTMENT OPPORTUNITY AWAITS - This turnkey Duplex with a legal basement apartment is located on a large 70' wide lot on a quiet street in the heart of St Thomas and close to all amenities. MAIN FLOOR UNIT - Accessed through the side door, this unit features 2 Bedrooms, Livingroom, Kitchen with Refrigerator and Stove included, and 4 Piece Bath - Currently vacant but lease potential of $1,800 per month Plus 1/2 Hydro. UPPER UNIT - Accessed through the front door, this unit features 2 Bedrooms, Livingroom, Kitchen with Refrigerator and Stove included and a 3 piece Bath - Currently leased at $1,550 per month on a month - month basis plus hydro. BASEMENT UNIT - Access is through the rear door and features 1 Bedroom with a fire coded egress window, Livingroom, Kitchen with Refrigerator and Stove included, and a 3 Piece Bath - Currently rented at $1,050 per month + 1/2 hydro. UTILITIES - Landlord pays for Enbridge gas heat and common hydro usage, 3 electrical meters - one for upper, one for main and basement and 1 for common area and the 3 Hot water tanks are owned. OUTSIDE - The double wide paved drive is large enough to handle 3-4 vehicles with access to the Garage for storage of lawn equipment. LAUNDRY - A condensing Washer and Dryer unit is located in each unit for use by the tenants. SAFETY - Smoke and CO Detectors on all 3 levels are linked to provide added safety. INCOME AND EXPENSES - Based on 2025 costs - Insurance $2,787.92, Enbridge Gas $1,079.36, Property Taxes $2,738.00, Entegrus hydro/water/sewer $1,152 offering a 7.5% CAP Rate. ADDITIONAL RESIDENTIAL UNITS - Explore adding Additional Residential Units in the rear / side yard or possibly severing the side yard to increase the investment potential of this property. NEXT STEPS - With the explosive growth happening in St Thomas, don't wait to schedule an appointment today to checkout your next invest opportunity
Inclusions
2 GE Condensing Washer/Dryer Units, Midea Condensing Washer/Dryer Unit, 3 Hot Water Tanks
Exclusions
Tenant Possessions
Broker
COLDWELL BANKER STAR REAL ESTATE
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Duplex
40 Barnes Street St. Thomas
St. Thomas
Built
100+
Type
Duplex
Basement
Full
Parking
Detached (5)
Property Tax
~$2,738/yr
Heating
Forced Air
Buying Essentials
Square Feet
1300 sqft
Facing Direction
South
Parking
Detached (5)
Finances
List Price
$599,900
Price per SQFT
$461/sqft
Property Tax
~$2,738/yr
Property Specs
Property Type
Duplex
MLS Size
1300 sqft
Age of Building
100+
Basement
Full
Living & Amenities
Heating Type
Forced Air
Features
Water Heater Owned
Policies & Utilities
Neighbourhood
St. Thomas
Listed On
Jul 8, 2026
Park
Days on Market
Current: 121 days
11.4 x 14.6
166 sqft
13.4 x 10.7
144 sqft
12.6 x 12.5
157 sqft
12.0 x 7.2
86 sqft
7.6 x 6.3
48 sqft
17.1 x 9.3
158 sqft
17.1 x 9.3
158 sqft
12.6 x 9.3
117 sqft
13.4 x 8.5
113 sqft
14.6 x 8.0
116 sqft
11.4 x 14.6
166 sqft
12.0 x 7.2
86 sqft
6.9 x 11.5
79 sqft
6.3 x 7.6
48 sqft
4.9 x 6.6
32 sqft
Rooms
15
Listed Room Area
1,674 sqft
Source
Estimated from MLS room dimensions
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