I have listed a new property at 93 Forest Avenue in St. Thomas. See details here
INVESTORS - TRIPLEX WITH VACANT POSSESSION! Nestled in the heart of St. Thomas, Ontario, at 93 Forest Avenue, this triplex offers a golden opportunity for astute investors and first-time buyers alike. Unit 1 is a main floor bachelor unit, currently being rented month to month for $970 inclusive of utilities. Unit 2 is a second floor 2-bedroom 1-bath unit featuring its own private balcony overlooking the front yard with a potential rent of $2200+. Unit 3 is on the main floor, and features 1 bedroom and 1+1 bathrooms with a spacious patio overlooking the backyard with potential rent of $1900+. Imagine the possibilities with vacant possession potential - Unit 2 and Unit 3 can be ready for occupancy, allowing you to set your own rents or choose to move into one of the units and have the other two effortlessly cover the mortgage. Unit 2 has been meticulously renovated, offering modern luxury and style, while Units 1 and 3 are equally inviting and move-in ready. Other updates include a new AC unit, and a newer furnace. Located just 10 minutes from the newly built Amazon distribution center and the recently announced Volkswagen battery plant, this property enjoys a fantastic location with a very promising future. Explore the vibrant community of St. Thomas, only 15 minutes from the city of London, and within a short 10-minute drive to the picturesque beaches of Port Stanley. Convenience and adventure await. Whether you're an investor seeking strong rental income potential or a first-time buyer looking for a comfortable home with income-generating possibilities, this triplex offers the best of both worlds. Don't miss out on this versatile property that caters to both investors and those looking to establish themselves in a thriving community. Set yourself up for financial freedom and unlock the potential of 93 Forest Avenue.