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St. Thomas, St. Thomas
$659,900
Fully tenanted, investment opportunity with an IN-LAW SUITE! Welcome to this beautifully updated property tucked away in a quiet pocket of St. Thomas, just steps from the charm of the Courthouse District. Featuring a self-contained in-law suite with a separate entrance, this property offers exceptional versatility for multigenerational living or additional income. With five bedrooms, two kitchens, two laundry rooms, a heated single-car garage, and a fully fenced backyard, this home combines modern comfort with timeless character. The main floor showcases a welcoming covered porch, bright open-concept living and dining areas, and a stylish kitchen with stainless steel appliances, an island, walk-in pantry, convenient two-piece washroom and interior access to the heated garage. Upstairs, you'll find a spacious primary bedroom with a walk-in closet, a second bedroom, a laundry room, and a four-piece bathroom. The finished third-floor loft adds valuable living space, perfect for a bedroom, private retreat, home office, or playroom. The lower level offers a beautifully designed in-law suite complete with a modern kitchen, comfortable living area, two bright bedrooms, a three-piece bathroom, laundry, and storage. Located in a historic neighbourhood surrounded by beautiful architecture, this home is within walking distance to local amenities such as cafes, restaurants, and shops, and just minutes from the Elevated Park and V.A. Barrie Disc Golf Park. A rare opportunity to own a stylish, updated property in one of St. Thomas's most desirable areas. The property is currently tenanted at $4025.00 per month, all-inclusive.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $2,962 |
| Lot Size | 33 ft x 84.5 ft |
| mls© Number | X13210102 |
| Listed By | ROYAL LEPAGE TRILAND REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,378
- Property tax
- $247
- Heat allowance
- $150
- Housing costs
- $3,775 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$116,000
gross annual household income
- Payment at 4%
- $2,777 / mo
- Cash down
- $131,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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