| Vacant Possession Duplex in St. Thomas - Set Your Rents from Day OneA rare opportunity to take control of your investment from the start. This 2.5-storey duplex will be delivered vacant on closing, allowing you to secure market rents immediately.Located in an established area of St. Thomas close to amenities and transit, supporting consistent tenant demand.The home features two self-contained units with private entrances. The main floor offers a bright living space with large windows, laminate flooring, decorative fireplace, two bedrooms, a 3-piece bath, and an updated eat-in kitchen with newer cabinetry and stainless steel appliances. A rear mudroom adds functional entry and storage.The upper unit includes two bedrooms, a full 4-piece bath, kitchen, and access to a private deck. The finished third floor expands the upper unit with an additional bedroom and large living area.Shared laundry is located in the lower level with potential for coin operation. Rear parking for two vehicles.Key updates include separate hydro meters plus a common meter, updated electrical (ESA Feb 2025), steel roof (2022) with transferable warranty, owned water heaters and water softener, and natural gas furnace. Two fridges and two stoves with transferable warranty. Two self-contained units with finished third-floor space expanding the upper unit offer strong rental potential. Financial summary available in supplements. |
| Price | $599,900 |
| Taxes: | $2273.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 55 East Street , St. Thomas, N5P 2R3, Elgin |
| Acreage: | < .50 |
| Directions/Cross Streets: | Elysian |
| Rooms: | 14 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Walk-Up, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bathroom | 3.54 | 10 | 3 Pc Bath |
| Room 2 | Main | Bedroom | 11.28 | 8.99 | |
| Room 3 | Main | Bedroom 2 | 11.84 | 8.99 | |
| Room 4 | Main | Living Ro | 12.1 | 14.3 | |
| Room 5 | Main | Kitchen | 10.36 | 18.63 | |
| Room 6 | Main | Mud Room | 6.3 | 6.79 | |
| Room 7 | Second | Bathroom | 7.58 | 6.59 | 4 Pc Bath |
| Room 8 | Second | Bedroom 3 | 11.55 | 11.15 | |
| Room 9 | Second | Bedroom 4 | 10.14 | 10.14 | |
| Room 10 | Second | Kitchen | 11.55 | 8.3 | |
| Room 11 | Second | Mud Room | 13.38 | 6.99 | |
| Room 12 | Third | Family Ro | 16.27 | 15.78 | |
| Room 13 | Third | Bedroom 5 | 17.22 | 13.91 | |
| Room 14 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Duplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Other |
| Drive Parking Spaces: | 1 |
| Park #1 | |
| Parking Type: | Other |
| Park #2 | |
| Parking Type: | Other |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Coldwell Banker Peter Benninger Realty |
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| Type: | Freehold - Duplex |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $2,273 |
| Beds: | 5 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |