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$1,700,000

221 HIGHVIEW DRIVE, St. Thomas, Ontario, N5R 5H6

MLS® # X12544280

St. Thomas ON, N5R 5H6

MLS® # X12544280

Property Information:

A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls
  • Basement Type: Partial
  • Exterior Finish: Brick
  • Fire Protection: Controlled entry, Alarm system
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Concrete, Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Wall unit
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 12
  • Bathrooms: 6
  • Features: Irregular lot size
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 115.8 Feet
  • Lot Frontage: 87.5 Feet
  • Lot Size: 87.5 x 115.8 FT
  • Utility Type: Hydro - Installed, Cable - Installed, Sewer - Installed
  • View Type: City view
  • Zoning: R4-6
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 7

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 221 HIGHVIEW DRIVE, St. Thomas, Ontario, N5R 5H6

Demographic Information of 221 HIGHVIEW DRIVE, St. Thomas, Ontario, N5R 5H6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$85,839.86

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.37 %

High school certificate or equivalent

32.12 %

Apprenticeship trade certificate/diploma

6.48 %

College/non-university certificate

28.47 %

University certificate (below bachelor)

0.06 %

University Degree

9.51 %

Commuter

Travel To Work

By Car

89.69 %

By Public Transit

0.0 %

By Walking

5.61 %

By Bicycle

0.0 %

By Other Methods

4.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.46 %

Houses

49.54 %

Own Vs. Rent