70 STOKES Road, St. Thomas, ON N5R 6A9

For Sale 149 days on Market MLS® X12545818

Asking Price

$3,200,000

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Overview

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Well-maintained 12-unit apartment building ideally located directly across from Elgin Mall. Select units have been fully updated, featuring granite countertops, stainless steel appliances, dishwashers, and microwave ovens. Each apartment offers a private balcony and is plumbed for in-suite laundry. All units are individually metered for hydro. The property has been well cared for and is in excellent overall condition, making it a solid investment opportunity in a prime, high-visibility location.

Bedrooms

Bathrooms

12.0

Area

5,000 sqft

Lot Size

0.5 acres

Type

Multiplex

Property Details

Year Built2003

CitySt. Thomas

Postal CodeN5R6A9

Lot Dimensions107.15 × 217.16 ft

Parking13 spaces

Interior Features

Heat: Water

Heat Source: Gas

Cooling: None

Style: 3-Storey

Exterior & Land

Sewer: Sewer

Construction: Brick

Roof: Asphalt Shingle

Utilities & Services

Heat SourceGas

SewerSewer

Financial Information

List Price$3,200,000

Annual Taxes$2,506 (2024)

Days on Market149

MLS® X12545818 • Listed by ROYAL LEPAGE TRILAND REALTY

70 STOKES Road, St. Thomas, ON N5R 6A9

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Purchase Calculator

Home Price

$3,200,000.00

Location

Down Payment

$672,000.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

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💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

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🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

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Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

70 STOKES Road, St. Thomas, ON N5R 6A9

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