For Sale

119 Erie Street, St. Thomas, Ontario N5R 2N1

$1,100,000

119 Erie Street, St. Thomas, Ontario N5R 2N1 is For Sale and has a listing price of 1,100,000. The property is located in the St. Thomas neighbourhood . It's been on the website for 6 Days.

  • Fourplex
    Property Type
  • 8
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12259065
  • Office Name ELGIN REALTY LIMITED
Property Description

Beautifully Updated 4-Plex in a Prime Family-Friendly Neighborhood. Welcome to this exceptional 4-plex, offering a rare blend of timeless character and modern upgrades in a desirable, family-oriented location. Each of the four spacious 2-bedroom units has been thoughtfully renovated, making this a turnkey investment opportunity or an ideal multi-family living space. Inside, you’ll find beautifully refinished hardwood floors that bring warmth and charm to every unit. The kitchens are a standout feature finished with granite or quartz countertops for a sleek, durable workspace. Pride of ownership shines throughout, with each unit meticulously maintained to ensure tenant comfort and satisfaction. Tenants can enjoy a shared, fully fenced yard complete with a lovely gazebo perfect for outdoor relaxation or summer gatherings. The property is as functional as it is attractive, boasting a long-lasting metal roof and a newer water furnace for added efficiency and peace of mind. With four dedicated parking spaces and a double garage, there’s ample room for tenant vehicles and storage. This property isn’t just a place to live its a community where tenants can feel at home. Additional Highlights: Gross rental income: $62,508/year. Shared laundry income: $100-130/month. Utility costs (shared): Hydro for basement & water ranges from $200-240/month, gas between $100-150/month (not on budget). Whether you’re looking to expand your investment portfolio or secure a multi-family property with excellent income potential, this well-maintained 4-plex is a must-see. Book your private showing today and discover what sets this property apart.

Property Details
  • Bedrooms: 8
  • MLS ID: X12259065
  • Bathrooms: 4
  • Price: $1,100,000
  • Lot Depth: 123
  • Transaction Types: For Sale
  • Ref ID: X12259065
  • Year Built: N/A
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Third Ave
  • Status: Active
  • Tax Year: 2025
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
07/03/2025 X12259065 $1,100,000 For Sale - -
08/26/2024 X9269154 $1,099,500 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Thomas
  • $641,292 Average List Price
    based on 1 year
  • 24 New Listings
    based on 30 days
  • 109 Median Days on Market
    based on 1 year
  • List vs. Selling Price 73.35 % Up
  • Sold (12mo) 320
  • Rented (12mo) 68

  • 1 Month Change +13.5%
  • 3 Month Change -14.4%
  • 6 Month Change -3.8%
Walkscore
  • 74 Walk Score
    Very Walkable
  • 81 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    86.91%
  • Commercial
    8.21%
  • Condo
    4.83%
  • Land for Sale
    0.05%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Brick, Vinyl Siding
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 2
  • Washrooms Type 3: 1
  • Taxes: $4,783
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 03/07/2025 14:32:59
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