St. Thomas, ON N5P 3S7,9524 Springwater Road
St. Thomas, ON N5P 3S7,9524 Springwater Road
St. Thomas, ON N5P 3S7,9524 Springwater Road
50
$1,135,000
$1,225,000
7.3%
Est.Price: ?

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14 BD
7 BA
5,896 SqFt

9524 Springwater Road St. Thomas, ON N5P 3S7

Est. payment /mo
SOLD DATE : 11/06/2024

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Key Details

Sold Price $1,135,000

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Sold

Purchase Type For Sale

Square Footage 5,896 sqft

Price per Sqft $192

MLS Listing ID 40638381

Sold Date 11/06/24

Bedrooms 14

Abv Grd Liv Area 5,896

Originating Board Brantford

Year Built 1983

Annual Tax Amount $4,220

Property Description

A great opportunity to invest in a fully renovated 4plex on the outskirts of picturesque St. Thomas! With recently updated interiors and exteriors, it’s ready for new ownership with no additional work required. Each of the four spacious units is designed with a modern layout, and ample parking is available for tenants and their guests. The property is well-maintained and boasts a strong rental income of $109,200 per year, supported by responsible tenants who value their homes and keep the property in excellent condition. Positioned in a quiet area just outside St. Thomas, it combines the best of both worlds: a serene setting with easy access to local amenities and main transportation routes. This 4plex is ideal for both new investors looking to break into the market and experienced ones seeking to expand their portfolio. Don’t miss this chance to secure a sound and profitable investment.

Location

Province ON

County Elgin

Area Malahide

Zoning HR

Direction North on Springwater Rd from Talbot Line

Rooms

Basement None, Sump Pump

Kitchen 0

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Metal

Lot Frontage 125.42

Lot Depth 203.86

Garage No

Building

Lot Description Rectangular, Ample Parking, Open Spaces, Quiet Area

Faces North on Springwater Rd from Talbot Line

Story 2

Foundation Slab

Sewer Septic Tank

Water Municipal

Level or Stories 2

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 352890154

Ownership Freehold/None

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Listed by Realty Advisors & Co., Brokerage

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Diana Winger

Agent | License ID: BRBM2358

+1(226) 705-3369

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