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$2,399,000
Available - For Sale
Listing ID: X11960384
449 Talbot Street , St. Thomas, N5P 1C1, Elgin
This mixed-use commercial property at 449-453 Talbot Street, situated in the heart of Downtown St. Thomas, presents a prime investment opportunity. Fully tenanted and zoned C2, the property features an 8,000 sq. ft. commercial space on the ground floor at 449 Talbot Street, alongside seven spacious, loft-style residential units at 453 Talbot Street. Each residential unit is equipped with separate hydro meters, hot water tanks, furnaces, and central air conditioning. With a gross annual rental income of $184,530, this property provides a solid return on investment while offering potential for future growth. It also boasts excellent visibility and accessibility in a rapidly expanding, vibrant community. EXTRAS: Possibility of retail business for sale.
Price $2,399,000
Taxes: $20,003
Tax Type: Annual
Occupancy by: Tenant
Address: 449 Talbot Street , St. Thomas, N5P 1C1, Elgin
Postal Code: N5P 1C1
Province/State: Elgin
Directions/Cross Streets: Hiawatha St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Building Percentage: T
Total Area: 16,000
Total Area Code:  Square Feet
Office/Appartment Area: 8000
Office/Appartment Area Code: Sq Ft
Retail Area: 8000
Retail Area Code: Sq Ft
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY

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