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St. Thomas, St. Thomas
$454,900
Welcome to 12 Chestnut Street, a rare and inspiring property in the heart of St. Thomas. Originally built in 1890 as a church, this unique structure blends historic charm with the flexibility and space today's buyers and investors are seeking. Spanning approximately 2,192 square feet on the main and 1700 on 5he lower levels, the building offers nearly 3900 square feet of total living space. The main floor features a large great room with soaring ceilings and abundant natural light, a welcoming foyer, two 2-piece bathrooms, and a spacious office-ideal for remote work or creative use. The lower level is fully equipped for residential living, with a full eat-in kitchen, dining area, living space, primary bathroom, laundry room, and bedroom quarters. It's a comfortable layout that suits a variety of living or rental scenarios. Zoned R3, this property presents exciting potential for conversion into a triplex. There is also a possibility for the construction of a large garage with an additional dwelling unit above-offering further options for added living space or rental income, and parking for 10 cars. Set on just over half an acre and located close to local amenities, parks, and schools, this property combines historic character with modern opportunity. Whether you're looking to invest, redevelop, or settle into a truly one-of-a-kind space, 12 Chestnut Street offers a canvas full of possibility. Explore the potential! This is a property that invites your imagination. Roof replaced 2023
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $1,680 |
| Lot Size | 101.36 ft x 0 ft |
| mls© Number | X13240064 |
| Listed By | RE/MAX CENTRE CITY REALTY INC. |
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%
- $2,328
- Property tax
- $140
- Heat allowance
- $150
- Housing costs
- $2,618 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$81,000
gross annual household income
- Payment at 4%
- $1,914 / mo
- Cash down
- $90,980
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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