89 Gladstone Avenue, St Thomas

89 Gladstone Avenue, St Thomas, ON N5R2L9 Photo 1

27 Photos

89 Gladstone Avenue, St Thomas, ON N5R2L9 Photo 2
89 Gladstone Avenue, St Thomas, ON N5R2L9 Photo 3
89 Gladstone Avenue, St Thomas, ON N5R2L9 Photo 4
89 Gladstone Avenue, St Thomas, ON N5R2L9 Photo 5
89 Gladstone Avenue, St Thomas, ON N5R2L9 Photo 6
89 Gladstone Avenue, St Thomas, ON N5R2L9 Photo 7
  • Bedrooms: 4
  • Bathrooms: 3
  • Living area: 2136 sqft
  • MLS®: 40562084
  • Type: Residential
  • Added: 30 days ago

Property Details

Welcome to 89 Gladstone Ave! Situated in the incredible courthouse area of St.Thomas is this incredible redbrick duplex. With the newly renovated 3 bedroom unit providing$2,300/month, as well as a vacant one bedroom unit (estimated $1,500/month), this property is a perfect income generator for an investor, and an amazing opportunity for someone looking for a mortgage helper. Walking into this beautiful home, you will be instantly greeted by the stained glass to your left, bringing in the colourful sunlight to this super bright and airy home. As you walk through, you will notice nothing shy of recent upgrades, which includes the following: Fresh paint from 2023, Brand new vinyl flooring and carpet throughout, Brand new kitchen and bathroom, Newly owned furnace Dec 2019, 8 new north pole windows from April 2021, and all galvanized steel water pipe within the house has been completely upgraded to PEX pipe! The one bedroom unit is in great shape, with fresh paint all throughout from 2022. Stepping outside, you will also notice some upgrades around the exterior, with a new metal roof done in 2017, a new wooden fence 2023, fresh landscaping in the back, newly updated eavestrough and a new vinyl roof cover for the shed from 2021. St.Thomas, especially this location in particular will be a great investment over the coming years. If you are in the market for a property generating full market rent, or a place to live with rent covering a large portion of your mortgage, this is the one! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Basement: Unfinished, Full
  • Year Built: 1910
  • Appliances: Microwave
  • Directions: Intersection of Princess Ave & Gladstone Ave
  • Living Area: 2136
  • Photos Count: 27
  • Water Source: Municipal water
  • Parking Total: 3
  • Bedrooms Total: 4
  • Structure Type: Duplex
  • Common Interest: Freehold
  • Subdivision Name: SW
  • Tax Annual Amount: 2715
  • Exterior Features: Brick
  • Community Features: Quiet Area
  • Foundation Details: Stone
  • Zoning Description: R4
  • Number Of Units Total: 2
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Nearby Places

Name Type Address Distance
Alma College (St. Thomas, Ontario) Built in 1878, the school was in operation between... 0.3 km
Elgin—Middlesex—London (provincial electoral district) It was created in 1999 from all of Elgin, and part... 0.7 km
Canada Southern Railway Station Historically, the station was, at one time, one of... 0.8 km
North America Railway Hall of Fame North America Railway Hall of Fame (NARHF) was fou... 0.8 km
Arthur Voaden Secondary School School 41 Flora St 0.8 km
Arthur Voaden Secondary School Voaden is part of the Thames Valley District Schoo... 0.8 km
St. Thomas-Elgin Memorial Centre Stadium 80 Wilson Ave 0.8 km
St. Thomas-Elgin Memorial Centre Thomas, Ontario... 0.9 km
St. Thomas, Ontario It gained its city charter on March 4, 1881... 0.9 km
Elgin County Railway Museum Museum 225 Wellington St 1.0 km
Elgin County Railway Museum The museum and most of the collections are housed ... 1.0 km
Old St. Thomas Church Thomas Church, is one of the oldest structures in ... 1.0 km
Similar Houses Stat in St Thomas
We have found 6 Houses that closely match the specifications of the property located at 89 Gladstone Avenue with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 574,900 and 749,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N5R2L9 postal code area of St Thomas Ontario Canada.
89 Gladstone Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 89 Gladstone Avenue. The current price of the property is $575,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $460,000. This would result in a monthly mortgage payment of $2,689 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 45
University / Above bachelor level 10
College 70
Degree in medicine 10
University degree at bachelor level or above 70

Neighbourhood Marital Status Stat

Married 145
Widowed 15
Divorced 30
Separated 20
Never married 140
Living common law 50
Married or living common law 195
Not married and not living common law 205

Neighbourhood Construction Date

1961 to 1980 10
1960 or before 210
Comparison of 89 Gladstone Avenue, St Thomas, ON with Nearby Houses
Nearby Cities Listings Avg. price
Ingersoll 56 $996.489
Tillsonburg 112 $998.354
Strathroy 53 $965.268
Woodstock 144 $778.420
London 1486 $943.228
Delhi 56 $888.399
Chatham 255 $598.514
Grand Bend 64 $925.694
Popular Cities Listings Avg. price
Kitchener 704 $983.673
Waterloo 404 $860.778
Cambridge 415 $1.039.366
Guelph 357 $929.355
Burlington 783 $1.566.795
Oakville 858 $1.944.295
Milton 376 $1.819.413
Mississauga 1331 $1.345.917
77 Pearl Street E, St Thomas 11 Meda Street, St Thomas 11 Meda Street, St Thomas 90 Chestnut Street, St Thomas 6 Hughes Street, St Thomas 26 Elysian Street, St Thomas 161 5 St George Street, St Thomas 71 Flora St, St Thomas