2.5 Antrim Street, St. Thomas, ON N5P 1S3

About this residence

INVESTMENT OPPORTUNITY! Legal 1 1/2 - storey duplex offering 2 self-contained units, ideally located in northwest St. Thomas, just 2 blocks from downtown! The freshly updated main-floor unit features 2 bedrooms, living and dining rooms, 4-piece bath and laundry. Lower level offers an additional legal bedroom, living area and ample storage. The upper unit has been extensively renovated with updated flooring, windows and fresh paint. Ideal for investors or first-time buyers wishing to live in one unit while generating rental income from the other! Potential gross annual income of $36,000, estimated expenses of $5,000 and projected net operating income of $31,000 before debt servicing. Approximate 5.96% cap rate at the $519,900 asking price. Mutual driveway with ONE parking space. Just a 5-minute drive to June Rose Callwood Public School. An excellent opportunity to build equity! Easy to show!

Property details

Property type

Duplex

Total rooms

10

Garage

None

Parking spaces

1

Annual taxes

$2,290 (2025)

Possession

30-59 days

Directions

Talbot Street West turn right onto St Catharine take 2nd exit off St Catharine & Kains

Location