67-69 Elizabeth Street, St. Thomas, ON N5R 2X3 - Serik Realty

67-69 Elizabeth Street, St. Thomas, ON N5R 2X3

Listed For : $489,900
Your Cash Back is $7,349 (*Terms and Conditions Apply)
Listed On :

Bedrooms: 6 - 0
Bathrooms: 3
Garage / Parking Places: 3
Date Started Date Ended Price Event Listing ID
Key Features
Listing Key: X12686352
Floors: 2
Square: 2500-3000 ft2
Brokage: ELGIN REALTY LIMITED
Listed On: 2026-01-12
Updated On: 2026-01-12
Property Type: Duplex
Basement: Separate Entrance, Unfinished
Style: 2 1/2 Storey
Community: St. Thomas
Municipality: St. Thomas
Kitchens: 2
Rooms: 19
Size: 2500-3000 ft²
Construction: Vinyl Siding
Parking: 3
Cooling: Window Unit(s)
Heating Type: Forced Air
Heating Fuel: Gas
Cross Street: princess ave
Description
Two semi detached homes under one ownership! Welcome to 67-69 Elizabeth Street located in the lovely city of St. Thomas! Fully tenanted and with a cap rate of just under 6%, this property pays for itself and makes it the perfect opportunity for investors to grow your portfolio. 67 Elizabeth features plenty of natural light with an open concept on the main level, 3 bedrooms, 1.5 baths and an attic space which could be used as an additional loft when finished. 69 Elizabeth features 3 bedrooms, 1 bath and is home to long term tenants who manage both the landscaping and snow removal! This home is located near downtown St. Thomas, has easy access to the highway, shopping, restaurants, parks, the new Amazon Distribution Centre, and the upcoming VW Plant! With monthly rental income of $3,000, $1,800 plus gas and electricity from unit 67 and $1,250 plus gas and electricity from unit 69, this property pays for itself. Don't miss the chance to add to your investment portfolio! Recent work has been done: Sump Pump Installation with 1/2 HP Back-Up Sump Pump, Sump Pit/Cover and Internal Water Management System with (approx.) 32 feet. Internal Drainage System, Weepers connected to new Sump and Air Gap Drainage Membrane installed
24 hours noice for showings due to tenants. Most electrical has been updated (minor knob and tube in unit 69 basement). #67 pays $1800 per month plus electricity and gas. #69 pays $1350 per month plus electricity and gas with $150/month credit for landscaping and snow removal. Both tenants are month to month. Property is zoned commercial but used as residential
Private Notes
24 hours noice for showings due to tenants. Most electrical has been updated (minor knob and tube in unit 69 basement). #67 pays $1800 per month plus electricity and gas. #69 pays $1350 per month plus electricity and gas with $150/month credit for landscaping and snow removal. Both tenants are month to month. Property is zoned commercial but used as residential
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