$599,900
Available - For Sale
Listing ID: X13597086
6 Pearl Street , St. Thomas, N5P 2N8, Elgin
| Exceptional Development Opportunity - 1.43 Acres in Growing St. ThomasDiscover the potential of this rare 1.43-acre property, ideally situated on a quiet dead-end street in a peaceful, established neighbourhood. The existing residential home provides the opportunity for rental income while you plan your future development. With the potential for a multi-residential building of up to three storeys (subject to municipal approvals), this property offers an outstanding opportunity for investors, developers, or anyone looking to build a long-term income-producing asset. It may also be well suited for a seniors' multi-unit housing project or other residential development opportunities. Located in the rapidly growing community of St. Thomas, you'll enjoy convenient access to everything the city has to offer, including restaurants, grocery stores, schools, medical services, and recreational amenities. Plus, Highway 401 is just a 20-minute drive away, providing excellent connectivity for commuters and residents alike. Don't miss this exceptional opportunity to invest in one of Southwestern Ontario's fastest-growing communities. |
| Price | $599,900 |
| Taxes: | $2772.00 |
| Occupancy: | Vacant |
| Address: | 6 Pearl Street , St. Thomas, N5P 2N8, Elgin |
| Directions/Cross Streets: | Elysian St |
| Rooms: | 6 |
| Bedrooms: | 2 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | None |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | Bungalow |
| Exterior: | Vinyl Siding |
| Garage Type: | Detached |
| Drive Parking Spaces: | 12 |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| 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 |
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| RE/MAX Tri-County Realty Inc Brokerage |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Style: | Bungalow |
| Tax: | $2,772 |
| Beds: | 2 |
| Baths: | 1 |
| Fireplace: | N |
| Pool: | None |
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