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449 Talbot Street Image 1

$2,499,000

Feb 6Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X11960384

449 Talbot Street, St. Thomas, ON N5P 1C1

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Average Price
249900000.0%
Higher than average

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 449 Talbot Street

This mixed-use commercial property at 449-453 Talbot Street, situated in the heart of Downtown St. Thomas, presents a prime investment opportunity. Fully tenanted and zoned C2, the property features an 8,000 sq. ft. commercial space on the ground floor at 449 Talbot Street, alongside seven spacious, loft-style residential units at 453 Talbot Street. Each residential unit is equipped with separate hydro meters, hot water tanks, furnaces, and central air conditioning. With a gross annual rental income of $184,530, this property provides a solid return on investment while offering potential for future growth. It also boasts excellent visibility and accessibility in a rapidly expanding, vibrant community. EXTRAS: Possibility of retail business for sale.

Home Overview

Last updated

Feb 25

Virtual tour

None

Basement information

Building size

16000

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE TRILAND REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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