St. Thomas Real Estate | St. Thomas Multi-Family Homes for Sale

Handyman's paradise 400 ft workshop / garage with 16x7 front overhead power door and rear 8x7 door for vehicle access to backyard with new (25) 30,000 BTU ceiling mounted gas furnace with work benches & shelving & 100 amp dedicated panel with (2) 200 amp plugs. This spacious two-story semi has three bedrooms two and a half baths on an outside corner lot 109.49 ft backyard. Asphalt drive with room for three vehicles plus two in the garage fully landscaped flower bed with sequenced blooming all year. Rear 16 ft by 14 ft deck new in (21) 8 ft by 10 ft wood shed; roof shingles 2016 and all eavestroughs have gutter guards. Main floor brilliant dining room with two skylights 5 floor to ceiling windows with access to deck and massive country kitchen with center island and cabinets all around. Upper level three spacious bedrooms with three-piece cheater-ensuite. Lower level family room with wood fireplace, laundry room plus three piece bathroom with soaker tub for 2 people. Lots of storage. This home is in a quiet neighborhood with bus stop at the end of Gregory place and Forest public school 5-minute walk and central high school 15-minute walk. Move in ready! Pick your closing date! (id:5764)

3 Gregory Place, St. Thomas

Listing courtesy of ROYAL LEPAGE TRILAND REALTY.

$499,900

4 Beds ⋅ 2 Baths ⋅ X13715044 MLS® #

Welcome to this well maintained up and down duplex in St. Thomas, offered with vacant possession, an excellent opportunity for investors or buyers looking for a home with a built-in mortgage helper. With two separate 2-bedroom units, this property provides flexibility for a variety of ownership strategies, free of the delays or complications of existing tenancies. The property has undergone a complete renovation in previous years and has recently been freshly painted throughout. The upper unit features newer windows, and the property has a newer furnace serving both units. Each unit has its own dedicated parking space, with the upper unit also benefiting from a single car attached garage, an attractive feature for future tenants and a convenient bonus for storage. The unfinished basement provides ample additional storage and houses shared laundry facilities. From an investment perspective, the property offers the potential for approximately $3,550 per month in combined rental income, plus hydro, based on estimated market rents of approximately $1,750 per month for the upper unit and $1,800 per month for the lower unit. With the property vacant, a new owner can set rents at current market rates from day one, or move in immediately and offset carrying costs with income from the second unit. For an owner occupier, live in one unit and have the rental income from the other help offset your mortgage and carrying costs. For an investor, choose your own tenants and lease terms without inheriting existing arrangements. This is a practical duplex offering a combination of rental income potential, parking, garage space, and flexibility that is increasingly difficult to find. Whether you are looking to expand your rental portfolio or purchase a home with a mortgage helper, book your showing today to see this move-in ready opportunity for yourself. Some photos have been virtually staged for illustration purposes. (id:5764)

69 KAINS Street, St. Thomas

Listing courtesy of TEAM GLASSER REAL ESTATE BROKERAGE INC..

$658,900

4 Beds ⋅ 2 Baths ⋅ X13688240 MLS® #

Welcome to 40-42 Locust Street, located on the South side of the City of St Thomas. This well-maintained, two storey, purpose-built all brick duplex offers an excellent opportunity for an investor, extended family, or owner occupier looking for additional income. Unit 40, located on the left Is the main floor unit, offers a spacious living room with patio doors opening onto a welcoming front porch. The eat-in kitchen includes a fridge, stove, and dishwasher. The generously sized primary bedroom features patio doors leading to a concrete rear porch and beautifully fenced-in yard. A second bedroom, 4pc bathroom, and convenient in-unit laundry complete the unit. Efficient hot-water boiler heating with in-floor heating provides comfort and warmth throughout. Unit 42, the upper unit, offers a similar spacious layout with a bright living room and patio doors leading to a front deck. The eat-in kitchen includes a fridge, stove, and dishwasher. A generously-sized primary bedroom, second bedroom, 4pc bathroom, a convenient second-floor laundry provide comfortable and practical living. The same efficient hot-water boiler system with in-floor provides warmth and helps keep operating costs manageable. Both units share access to a large fully fenced backyard, providing excellent outdoor space and privacy. A shared storage shed offers additional convenient storage for both units. Offering two self-contained units and an attractive opportunity for investors or buyers to live in one unit while generating rental income. (id:5764)

40-42 Locust Street, St. Thomas

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP.

$915,000

8 Beds ⋅ 4 Baths ⋅ X13665856 MLS® #

Solid purpose-built 4-plex in an excellent St. Thomas location, offering a strong addition to any investment portfolio. The property features four spacious two-bedroom units, each with separate hydro metering, providing an attractive and straightforward income-producing opportunity. Ideally situated directly across from walking trails and Waterworks Park, with easy access to nearby amenities and services. Well suited for both seasoned investors and those looking to add a quality multi-residential property to their portfolio. Properties like this rarely become available-don't miss this opportunity. (id:5764)

20 Tecumseh Street, St. Thomas

Listing courtesy of ELGIN REALTY LIMITED.

$699,000

6 Beds ⋅ 4 Baths ⋅ X13658906 MLS® #

Solid Brick Legal Fourplex for Sale. This well-maintained investment property offers two 1-bedroom units and two 2-bedroom units, all with long-term tenant retention. Tenants pay their own hydro and water. Additional features include private upper and lower sun decks for each unit, along with ample parking for all residents. Mature 20-ft cedar hedges provide exceptional privacy. The property is heated by a newer computerized gas hot water heating system, delivering excellent cost efficiency. The hot water heating System is rented, with all servicing and parts included. An excellent opportunity to acquire a turnkey, income-generating fourplex in a desirable and quiet neighborhood. Unit 3 has been recently updated with new kitchen cabinets, countertops, vinyl flooring, and a brand-new tub surround. (id:5764)

7 Church Street, St. Thomas

Listing courtesy of BLUE FOREST REALTY INC..

$499,000

4 Beds ⋅ 2 Baths ⋅ X13605300 MLS® #

Up and down duplex in Courthouse location. Upper unit is vacant. Main level is currently rented for $1,150.00 + hydro. Could easily be converted to single family residential. Main floor includes, two bedrooms, back kitchen with easy access to back deck, spacious living room, and front dining room. Second floor provides 2 bedrooms, living room, good size kitchen, and 3 pc bath. Other features covered front porch, large back deck, updated doors at back, gutter guards on troughs, onsite laundry accessible from both units. Laundry is currently included in main floor tenants rent. Tenant is month to month. Upper unit was rented for $1,000.00 / month + hydro. Owner pays for heat, water and some of the hydro. Vacant possession is possible, but all Landlord Tenant Board rules must be followed. (id:5764)

17 Prince Albert Street, St. Thomas

Listing courtesy of ELGIN REALTY LIMITED.

$599,900

2 Beds ⋅ 1 Baths ⋅ X13597086 MLS® #

Exceptional Development Opportunity - 1.43 Acres in Growing St. ThomasDiscover the potential of this rare 1.43-acre property, ideally situated on a quiet dead-end street in a peaceful, established neighbourhood. The existing residential home provides the opportunity for rental income while you plan your future development. With the potential for a multi-residential building of up to three storeys (subject to municipal approvals), this property offers an outstanding opportunity for investors, developers, or anyone looking to build a long-term income-producing asset. It may also be well suited for a seniors' multi-unit housing project or other residential development opportunities. Located in the rapidly growing community of St. Thomas, you'll enjoy convenient access to everything the city has to offer, including restaurants, grocery stores, schools, medical services, and recreational amenities. Plus, Highway 401 is just a 20-minute drive away, providing excellent connectivity for commuters and residents alike. Don't miss this exceptional opportunity to invest in one of Southwestern Ontario's fastest-growing communities. (id:5764)

6 Pearl Street, St. Thomas

Listing courtesy of RE/MAX Tri-County Realty Inc Brokerage.

$599,900

5 Beds ⋅ 3 Baths ⋅ X13536296 MLS® #

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 (id:5764)

40 Barnes Street, St. Thomas

Listing courtesy of COLDWELL BANKER STAR REAL ESTATE.

$649,900

4 Beds ⋅ 3 Baths ⋅ X13497552 MLS® #

BEAUTIFULLY UPDATED family home has many upgrades, the main floor gourmet kitchen and spacious principle rooms will accommodate the growing family. The lower level has a finished rec room with a potentially 3rd bedroom. Double car garage for more storage or hobbies. This property would make a great owner occupied property with the upper rent helping pay your mortgage. Lots of room for your whole family. Fenced yard. NEW HIGH EFFICIENCY FURNACE & A/C RECENTLY INSTALLED. (id:5764)

57 ROSEBERY Place, St. Thomas

Listing courtesy of RIGHT AT HOME REALTY.

$949,900

12 Beds ⋅ 4 Baths ⋅ X13490074 MLS® #

A rare opportunity to acquire a fully legal and vacant 4-plex in the growing city of St. Thomas, allowing the new owner to establish market rents from day one. This updated building offers an attractive unit mix: one 4 bedroom unit, two 3 bedroom units, and one 2 bedroom unit. Major improvements over the past 10 years include updated kitchens, modernized electrical with 100 amp service per unit, interior and exterior waterproofing, an updated roof with 50 year shingles, updated windows, refinished floors, fresh paint, updated exterior doors, and renovated bathrooms in three of the units. Additional features include basement storage, owned water heaters, municipal sewer connection, and in-unit laundry potential. Set on a large 0.59 acre lot, the property also offers underutilized land with possible future development, subject to approvals. Located minutes from parks, schools, shopping, downtown St. Thomas, London, and Hwy 401. St. Thomas continues to grow as a Southwestern Ontario investment market, supported by major regional employers including Volkswagen/PowerCo, Amazon, and Magna/Formet, along with ongoing downtown revitalization and long-term housing demand. With vacant possession, a legal 4-plex configuration, extensive updates, and future upside, 50 Fairview is a compelling turnkey investment opportunity. (id:5764)

50 FAIRVIEW Avenue, St. Thomas

Listing courtesy of ROYAL LEPAGE TRILAND REALTY.

$800,000

6 Baths ⋅ X13484876 MLS® #

Welcome to 33 Station located in growing St. Thomas. This six-unit building offers an exceptional opportunity for savvy investors. Comprised of 2 x three-bedroom units, 2 x two-bedroom units, and 2 x one-bedroom units. The building features seven hydro meters, one water meter, and one gas meter, ensuring efficient utility management. Recent updates include windows, kitchens, bathrooms, electrical, and plumbing. St. Thomas is experiencing a surge in development, making it a hot spot for investors. Major projects such as the new VW Battery Plant and the Amazon Facility are driving economic growth and attracting a robust workforce. The great tenant profile currently residing in the building offers stability, with room for rent increases, further increasing the income potential. Located in a thriving area with easy access to essential amenities, public transportation, schools, and parks. The combination of solid income, future development opportunities, and a prime location makes this property an excellent addition to any investment portfolio. Don't miss out on this fantastic opportunity. (id:5764)

33 Station Street, St. Thomas

Listing courtesy of KELLER WILLIAMS LIFESTYLES.

$464,900

6 Beds ⋅ 3 Baths ⋅ X13121330 MLS® #

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 above 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 $1,200 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:5764)

67-69 Elizabeth Street, St. Thomas

Listing courtesy of ELGIN REALTY LIMITED.

$499,999

3 Beds ⋅ 3 Baths ⋅ X13109596 MLS® #

An exceptional opportunity to own a well-maintained and extensively updated triplex offering strong income potential and long-term investment stability. This property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout. Unit 1 - (Main Floor) Front Bright and inviting 1-bedroom unit featuring a covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro. Unit 2 - (Upper Unit) 1-bedroom unit with a private balcony. Currently leased at $1,035.32/month + hydro. Unit 3 - (Main Floor Back) Fully renovated in 2023 with a modern open-concept layout, this stylish 1-bedroom unit includes a covered porch and large private rear deck. Currently vacant, providing an excellent opportunity to set market rent or occupy yourself. Additional income is generated through a coin-operated washer and dryer installed in 2021, averaging approximately $800-$1,000 annually. Recent Updates Include: Shingles (2019), Main porch railing (2020), Front door with keyless entry (2020), Most windows replaced, Main floor front unit renovation (2020), including flooring, paint, trim, and bathroom updates, Upper unit flooring updates (2021), New furnace with dual heat control (November 2021), Owned water heaters. This property also offers two driveways with parking for three vehicles. Covered porches and private outdoor areas enhancing tenant appeal and overall value. A turnkey addition to any investment portfolio with reliable rental income, quality tenants, and significant recent improvements. (id:5764)

23 Barnes Street, St. Thomas

Listing courtesy of BLUE FOREST REALTY INC..

$489,900

5 Beds ⋅ 3 Baths ⋅ X12944236 MLS® #

Presenting 93 Myrtle St a well-constructed, architecturally distinctive 2.5-story all-brick legal duplex, commanding a presence in a highly desirable, established neighbourhood in St Thomas. This property is an exceptional, revenue-generating asset defined by its impeccable maintenance and abundant inherent character throughout. The building is configured into two distinct, self-contained dwellings, with the main floor rented for $1595 plus a $50 flat fee for gas, and the upper rented for $1595 plus a $50 flat fee for gas. The spacious upper unit offers three generously sized bedrooms, while the comfortable lower unit features two dedicated bedrooms. Both residences benefit from their own separate kitchens and baths and laundry, ensuring maximum privacy and tenant appeal. A key advantage for ownership and tenancy management is the complete independence of utilities, including separate furnaces and hydro meters. This turnkey investment has been recently enhanced with significant capital improvements, including a newer roof , many newer windows, and dedicated upper and lower patios, providing private, desirable outdoor spaces for each unit. With its robust construction, essential utility separation, and prime location, this duplex represents a superior opportunity for an investor seeking a stable, high-quality addition to their portfolio. (id:5764)

93 Myrtle Street, St. Thomas

Listing courtesy of ROYAL LEPAGE TRILAND REALTY.

$2,999,000

24 Beds ⋅ 12 Baths ⋅ X12545818 MLS® #

Well-maintained 12-unit apartment building ideally located directly across from Elgin Mall. Select units have been fully updated, featuring granite countertops, stainless steel appliances, dishwashers, and microwave ovens. Each apartment offers a private balcony and is plumbed for in-suite laundry. All units are individually metered for hydro. The property has been well cared for and is in excellent overall condition, making it a solid investment opportunity in a prime, high-visibility location. (id:5764)

70 STOKES Road, St. Thomas

Listing courtesy of ROYAL LEPAGE TRILAND REALTY.

$1,700,000

12 Beds ⋅ 6 Baths ⋅ X12544280 MLS® #

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:5764)

221 Highview Drive, St. Thomas

Listing courtesy of ROYAL LEPAGE TRILAND REALTY.

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