$599,900
Available - For Sale
Listing ID: X13067244
55 East Street , St. Thomas, N5P 2R3, Elgin


Vacant Possession Duplex in St. Thomas - Set Your Rents from Day OneA rare opportunity to take control of your investment from the start. This 2.5-storey duplex will be delivered vacant on closing, allowing you to secure market rents immediately.Located in an established area of St. Thomas close to amenities and transit, supporting consistent tenant demand.The home features two self-contained units with private entrances. The main floor offers a bright living space with large windows, laminate flooring, decorative fireplace, two bedrooms, a 3-piece bath, and an updated eat-in kitchen with newer cabinetry and stainless steel appliances. A rear mudroom adds functional entry and storage.The upper unit includes two bedrooms, a full 4-piece bath, kitchen, and access to a private deck. The finished third floor expands the upper unit with an additional bedroom and large living area.Shared laundry is located in the lower level with potential for coin operation. Rear parking for two vehicles.Key updates include separate hydro meters plus a common meter, updated electrical (ESA Feb 2025), steel roof (2022) with transferable warranty, owned water heaters and water softener, and natural gas furnace. Two fridges and two stoves with transferable warranty. Two self-contained units with finished third-floor space expanding the upper unit offer strong rental potential. Financial summary available in supplements.
Price $599,900
Taxes: $2273.00
Assessment Year: 2025
Occupancy: Tenant
Address: 55 East Street , St. Thomas, N5P 2R3, Elgin
Acreage: < .50
Directions/Cross Streets: Elysian
Rooms: 14
Bedrooms: 5
Bedrooms +: 0
Family Room: T
Basement: Walk-Up, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Bathroom 3.54 10 3 Pc Bath
Room 2 Main Bedroom 11.28 8.99
Room 3 Main Bedroom 2 11.84 8.99
Room 4 Main Living Ro 12.1 14.3
Room 5 Main Kitchen 10.36 18.63
Room 6 Main Mud Room 6.3 6.79
Room 7 Second Bathroom 7.58 6.59 4 Pc Bath
Room 8 Second Bedroom 3 11.55 11.15
Room 9 Second Bedroom 4 10.14 10.14
Room 10 Second Kitchen 11.55 8.3
Room 11 Second Mud Room 13.38 6.99
Room 12 Third Family Ro 16.27 15.78
Room 13 Third Bedroom 5 17.22 13.91
Room 14
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Duplex
Style: 2 1/2 Storey
Exterior: Brick, Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Other
Drive Parking Spaces: 1
Park #1
Parking Type: Other
Park #2
Parking Type: Other
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Coldwell Banker Peter Benninger Realty
Personal Picture
Irfan Bajwa
Broker, ABR, SRS, CNE
Dir:
416-832-9090
Bus:
905-858-0000
Fax:
905-452-7646
 
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At a Glance:
Type: Freehold - Duplex
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style: 2 1/2 Storey
Lot Size: x 107.00(Feet)
Approximate Age: 100+
Tax: $2,273
Maintenance Fee: $0
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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