4 West Pearl Street, St. Thomas, ON N5P 2N8

For Sale Added today MLS® X13489176

Asking Price

$625,000

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4 West Pearl Street, St. Thomas, ON N5P 2N8

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Overview

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Development Opportunity: Opportunity knocks at 4 West Pearl Street in St. Thomas. This vacant development site offers a rare chance to fast-track your next project with much of the heavy lifting already completed. The property has been rezoned to permit a three-storey, 23-unit residential building, with the key planning and design work already in place. Architectural drawings, mechanical and electrical plans, site plans, and required approvals have been completed, stamped and approved. Avoid the lengthy and costly entitlement process and move directly toward construction. With strong housing demand and continued growth in St. Thomas, this is an exceptional opportunity for developers, builders, and investors seeking a ready-to-go multi-residential project.

Lot Size

0.8 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CitySt. Thomas

Postal CodeN5P2N8

Lot Dimensions163.75 × 199.67 ft

Utilities & Services

Heat Source—

Water SourceNot specified

SewerSeptic Tank

Financial Information

List Price$625,000

Days on Market0

MLS® X13489176 • Listed by ELGIN REALTY LIMITED

4 West Pearl Street, St. Thomas, ON N5P 2N8

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Purchase Calculator

Home Price

$625,000.00

Location

Down Payment

$131,250.00

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

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ 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

Mortgage Amount

$0.00

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

4 West Pearl Street, St. Thomas, ON N5P 2N8

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