$ 924.900

241 Ross Street, St Thomas

30 Photos

241 Ross Street, St Thomas, ON N5R3Y5 Photo 2

241 Ross Street, St Thomas, ON N5R3Y5 Photo 3

241 Ross Street, St Thomas, ON N5R3Y5 Photo 4

241 Ross Street, St Thomas, ON N5R3Y5 Photo 5

241 Ross Street, St Thomas, ON N5R3Y5 Photo 6

241 Ross Street, St Thomas, ON N5R3Y5 Photo 7

Bedrooms: 8
Bathrooms: 3
Living area: 2928.83 sqft

MLS®: 40425510
Type: Townhouse
Added: 341 days ago

Property Details

ATTENTION INVESTORS: 6.5% CAP!! This is the property you've been looking for. With a strong cap rate and solid rents, you will love this investment. Formerly a 4 plex with commercial space now fully residential. It was renovated back to the studs in 2015 and other updates over the last 2 years, each unit is in great condition. Coin laundry on the main floor and parking for 4 vehicles. Friendly neighbours & close amenities makes this a wonderful rental for tenants. Don't wait, book your viewing today. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Forced air
Stories: 2
Basement: Unfinished, Full
Appliances: Garage door opener
Directions: South from Talbot Street on Ross Street. Property located on left hand side at Ross and Locus Street.
Living Area: 2928.83
Lot Features: Paved driveway, Laundry- Coin operated
Photos Count: 30
Water Source: Municipal water
Bedrooms Total: 8
Structure Type: Triplex
Common Interest: Freehold
Parking Features: Attached Garage, Covered
Subdivision Name: SW
Tax Annual Amount: 3064.46
Exterior Features: Brick, Stone, Other
Foundation Details: Poured Concrete
Zoning Description: R3
Number Of Units Total: 3

	This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association

Nearby Places

Name	Type	Address	Distance
Alma College (St. Thomas, Ontario)	Built in 1878, the school was in operation between...		0.2 km
St. Thomas, Ontario	It gained its city charter on March 4, 1881...		0.6 km
Canada Southern Railway Station	Historically, the station was, at one time, one of...		0.7 km
North America Railway Hall of Fame	North America Railway Hall of Fame (NARHF) was fou...		0.7 km
St. Thomas-Elgin Memorial Centre	Stadium	80 Wilson Ave	0.7 km
Elgin County Railway Museum	The museum and most of the collections are housed ...		0.8 km
Elgin County Railway Museum	Museum	225 Wellington St	0.8 km
St. Thomas-Elgin Memorial Centre	Thomas, Ontario...		0.8 km
Elgin—Middlesex—London (provincial electoral district)	It was created in 1999 from all of Elgin, and part...		0.9 km
Arthur Voaden Secondary School	School	41 Flora St	0.9 km
Arthur Voaden Secondary School	Voaden is part of the Thames Valley District Schoo...		0.9 km
CKZM-FM	It airs a Soft Rock format branded as 94.1 myFM...		0.9 km

Similar Townhouses Stat in St Thomas

We have found 6 Townhomes that closely match the specifications of the property located at 241 Ross Street with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 575,000 and 660,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the N5R3Y5 postal code area of St Thomas Ontario Canada.

241 Ross Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 241 Ross Street. The current price of the property is $924,900, 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 $739,920. This would result in a monthly mortgage payment of $4,325 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Certificate of Qualification	10
College	155
University degree at bachelor level or above	10

Neighbourhood Marital Status Stat

Married	225
Widowed	25
Divorced	45
Separated	25
Never married	130
Living common law	55
Married or living common law	280
Not married and not living common law	230

Neighbourhood Construction Date

1961 to 1980	10
1960 or before	240

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