221 HIGHVIEW DRIVE, St. Thomas, Ontario, N5R5H6
A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity. (id:2471)
RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com
- 519-667-1800
- 519-667-1958
- mvetero@londonicisales.com
- Property Address: 221 HIGHVIEW DRIVE, St. Thomas, Ontario, N5R5H6
- Community Name: St. Thomas
- Property Type: Multi-family
- Zoning Description: R4-6
- Lot Size: 87.5 x 115.8 FT
- Acreage: 87.5 x 115.8 FT|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 7
- Structure Style: Other
- Storeys: 2.5
- Floor Space: 5000 - 100000 sqft
- Building Age: 16 to 30 years
- Bedrooms: 12
- Bathrooms: 6-Total
- Basement Type: Partial
- Heating Type: Electric, Baseboard heaters
- Cooling: Wall unit
- Exterior Type: Brick
- Foundation Type: Concrete, Poured Concrete
- Appliances Included: Stove, Refrigerator
- View: City view
- Irregular lot size
- Landscaped
Listing Office: ROYAL LEPAGE TRILAND REALTY
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