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$549,900

42 REDAN STREET, St. Thomas, Ontario, N5P 1T4

MLS® # X12706308

St. Thomas ON, N5P 1T4

MLS® # X12706308

Property Information:

Great Multi-Family opportunity in a solid yellow brick 2 Storey home with 4 units! Amazing offer - 2 three-bedroom apartments (one is rented for $1640 plus hydro the other is vacant ) one two-bedroom apartment (vacant) and one one-bedroom apartment ($625 plus hydro) . Each tenant pays their own electricity. Building is walking distance from down town St. Thomas and all major stores and shopping areas. Parking for 4 cars. Apartment 1 has a separate outdoor barbecue area. All residents are month to month, however, all have occupied for more than one year and are very consistent with payments . 2 years ago, all apartments were completely renovated with the replacement of plumbing. In one part of the basement, water pipes (heating) were completely replaced. Brand new broiler system put in All electrical wiring redone. Brand new Water heater is owned. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 3082 sqft
  • Heating Type: Radiant heat
  • Cooling Type: None
  • Appliances: Dishwasher, Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 9
  • Bathrooms: 4
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 3082 Square Feet
  • Irregular: Yes
  • Lot Depth: 92.5 Feet
  • Lot Frontage: 79.6 Feet
  • Lot Size: Bldg=79.66 x 92.58 FT
  • Zoning: R3
  • No. of Parking Spaces: 4

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 42 REDAN STREET, St. Thomas, Ontario, N5P 1T4

Demographic Information of 42 REDAN STREET, St. Thomas, Ontario, N5P 1T4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,415.07

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.43 %

High school certificate or equivalent

39.45 %

Apprenticeship trade certificate/diploma

6.8 %

College/non-university certificate

25.24 %

University certificate (below bachelor)

0.51 %

University Degree

3.57 %

Commuter

Travel To Work

By Car

84.87 %

By Public Transit

0.0 %

By Walking

10.27 %

By Bicycle

0.0 %

By Other Methods

4.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.57 %

Houses

84.43 %

Own Vs. Rent