75 Elm Street, St Thomas

75 Elm Street, St Thomas, ON N5R1H7 Photo 1

27 Photos

75 Elm Street, St Thomas, ON N5R1H7 Photo 2
75 Elm Street, St Thomas, ON N5R1H7 Photo 3
75 Elm Street, St Thomas, ON N5R1H7 Photo 4
75 Elm Street, St Thomas, ON N5R1H7 Photo 5
75 Elm Street, St Thomas, ON N5R1H7 Photo 6
75 Elm Street, St Thomas, ON N5R1H7 Photo 7
  • Bedrooms: 61
  • Bathrooms: 33
  • MLS®: 40535627
  • Added: 98 days ago

Property Details

Welcome to 75 Elm Street, St. Thomas. This 33 suite, 3 building residential apartment complex has been renovated from top to bottom. (3 level 14 units, motel style 11 units & 2 Storey townhouse 8 units). It has 33 Outdoor designated parking spots. It consists of 4-1 bedroom apartments, 29-2 bedroom apartments. Some of the recent renos include new glass balconies, all new flooring in hallways and units. All new kitchens, bathrooms and all new appliances and much more. Separate hydro meters for all units paid by the tenant. Market rents. Controlled entry in main building, all buildings up to current fire code, ideally located on Bus Route, close to hospital, shopping, schools as well as employment. VW Battery plant coming to the area soon, employing approximately 5000 people. Tremendous opportunity for the investor looking for the perfect turn-key building! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Heating: Other
  • Stories: 3
  • Basement: None
  • Year Built: 1963
  • Appliances: Microwave Built-in
  • Directions: Off Parkside
  • Lot Features: Conservation/green belt, Paved driveway
  • Photos Count: 27
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Total: 33
  • Bedrooms Total: 61
  • Common Interest: Freehold
  • Parking Features: Visitor Parking
  • Subdivision Name: SW
  • Tax Annual Amount: 51909.22
  • Exterior Features: Brick
  • Community Features: Quiet Area, School Bus
  • Foundation Details: Block
  • Lot Size Dimensions: 1.18
  • Zoning Description: R5
  • Number Of Units Total: 33
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Nearby Places

Name Type Address Distance
St. Thomas-Elgin Memorial Centre Stadium 80 Wilson Ave 0.4 km
St. Thomas-Elgin Memorial Centre Thomas, Ontario... 0.4 km
Parkside Collegiate Institute School 241 Sunset Dr 0.9 km
Elgin—Middlesex—London (provincial electoral district) It was created in 1999 from all of Elgin, and part... 0.9 km
Parkside Collegiate Institute It is part of the Thames Valley District School Bo... 0.9 km
Alma College (St. Thomas, Ontario) Built in 1878, the school was in operation between... 1.0 km
St. Thomas, Ontario It gained its city charter on March 4, 1881... 1.4 km
Canada Southern Railway Station Historically, the station was, at one time, one of... 1.6 km
Elgin County Railway Museum The museum and most of the collections are housed ... 1.6 km
Elgin County Railway Museum Museum 225 Wellington St 1.6 km
North America Railway Hall of Fame North America Railway Hall of Fame (NARHF) was fou... 1.6 km
Central Elgin Collegiate Institute School St Thomas 1.6 km
75 Elm Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 75 Elm Street. The current price of the property is $9,690,000, 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 $7,752,000. This would result in a monthly mortgage payment of $45,312 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 25
Bachelor's degree 150
University / Above bachelor level 20
University / Below bachelor level 20
Certificate of Qualification 25
College 270
University degree at bachelor level or above 195

Neighbourhood Marital Status Stat

Married 725
Widowed 70
Divorced 70
Separated 45
Never married 230
Living common law 65
Married or living common law 790
Not married and not living common law 420

Neighbourhood Construction Date

1961 to 1980 155
1981 to 1990 35
1991 to 2000 15
2001 to 2005 125
2006 to 2010 160
1960 or before 40
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