Property Information:

Two semi detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas! Fully tenanted and with a cap rate of just under 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1.5 baths and an attic space which could be used as an additional loft when finished. 69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,250 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.) 32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Air Conditioning: Yes
Amenities: Separate Hydro Meters
Basement Development: Unfinished
Basement Type: N/A, N/A
Exterior Finish: Vinyl siding
Floor Space: 2500 - 3000 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Window air conditioner

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Half Bathrooms: 1
Features: Sump Pump
Floor Space (approx): 2500 - 3000 Square Feet
Irregular: Yes
Lot Depth: 67.2 Feet
Lot Frontage: 67.2 Feet
Lot Size: 67.3 x 67.2 FT
Zoning: C8
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 3

Courtesy of: ELGIN REALTY LIMITED

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Demographic Information of 67-69 ELIZABETH STREET, St. Thomas, Ontario, N5R 2X3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$74,590.53

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.07 %

High school certificate or equivalent

35.18 %

Apprenticeship trade certificate/diploma

6.67 %

College/non-university certificate

22.87 %

University certificate (below bachelor)

0.55 %

University Degree

11.68 %

Commuter

Travel To Work

By Car

84.37 %

By Public Transit

0.0 %

By Walking

14.37 %

By Bicycle

0.0 %

By Other Methods

1.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.45 %

Houses

40.55 %

67-69 ELIZABETH STREET, St. Thomas, Ontario, N5R 2X3