64 Forest Avenue St. Thomas, Ontario N5R 2J3

3 Bedroom 2 Bathroom 1,100 - 1,500 ft2
None Forced Air

$359,900

Priced to Sell!! Perfect opportunity to generate income, or ideal for first time buyers; live in one unit and generate income to pay down your mortgage!! This up and down duplex features a newly renovated upper 2 bedroom unit, that is vacant, allowing you to set your own rent. The lower unit consists of a 1 bedroom unit that is occupied by a long term tenant, on a month to month tenancy. Lower unit is well below market rent, so great potential for increasing rent, and generating great cash flow in this property. Separate water, hydro and gas meters and hot water heaters are owned; minimal expenses, just property taxes and insurance. Great area of St Thomas with recent upgrades to street (September to October 2025) new water mains, sewers, curbs and roads. New driveway (paved) October 2025. (id:40058)

Property Details

MLS® Number X12518478
Property Type Multi-family
Community Name St. Thomas
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Two Stoves, Two Refrigerators
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 39 Ft
Size Frontage 50 Ft
Size Irregular 50 X 39 Ft
Size Total Text 50 X 39 Ft

https://www.realtor.ca/real-estate/29076869/64-forest-avenue-st-thomas-st-thomas

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