Attention investors or owners looking for the perfect live-in opportunity with income potential! This move-in ready, solid duplex is located in a prime St. Thomas location and is full of character, showcasing beautiful hardwood floors, rich wood trim, and separate hydro meters for each unit. The front unit is spacious and inviting, featuring a large living room, an eat-in area, and a country-sized kitchen and a winding staircase. Upstairs, you'll find two generous bedrooms and a private deck off the second floor, along with a three-piece bath and a washer-dryer unit conveniently included. Central air ensures year-round comfort. The rear unit offers even more appeal, boasting a large dining room, a functional kitchen with a walk-in pantry and laundry, and a master bedroom complete with vaulted ceilings, heated floors, a two-piece ensuite, and an additional four-piece bathroom. Step outside from the master to a private patio that leads to a beautifully landscaped, fenced yard, complete with a second patio and a shed for extra storage. The exterior of the home is just as impressive, with a large covered front porch, a concrete driveway that can fit approximately six cars, and a stamped concrete walkway. The front unit is currently vacant, giving you the flexibility to handpick your own tenant or rent out both units immediately. Estimated rental income is approximately $1900$2000 per month for the front unit and $1600 $1800 for the rear unit. Alternatively, this home could easily be converted back into a spacious single-family residence if desired. With so much charm, flexibility, and income potential, this property is an incredible opportunity you wont want to miss. |
Price | $598,900 |
Taxes: | $2496.00 |
Assessment Year: | 2025 |
Occupancy: | Owner |
Address: | 43 Southwick Stre , St. Thomas, N5R 3R9, Elgin |
Directions/Cross Streets: | North of Wellington |
Rooms: | 11 |
Bedrooms: | 3 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Unfinished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 13.32 | 22.07 | |
Room 2 | Main | Dining Ro | 12.14 | 15.22 | |
Room 3 | Main | Other | 8.82 | 11.58 | |
Room 4 | Main | Kitchen | 13.97 | 8.99 | |
Room 5 | Main | Kitchen | 7.74 | 10.14 | |
Room 6 | Main | Primary B | 11.64 | 7.41 | |
Room 7 | Second | Bedroom 2 | 13.38 | 10.66 | |
Room 8 | Second | Bedroom 3 | 9.48 | 10.66 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 2 | Main |
Washroom Type 3 | 3 | Second |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Duplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | None |
(Parking/)Drive: | Private, P |
Drive Parking Spaces: | 6 |
Park #1 | |
Parking Type: | Private, P |
Park #2 | |
Parking Type: | Private |
Park #3 | |
Parking Type: | Private Do |
Pool: | None |
Other Structures: | Fence - Full |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 1100-1500 |
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: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
THE REALTY FIRM INC. |
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Book Showing | Email a Friend |
Type: | Freehold - Duplex |
Area: | Elgin |
Municipality: | St. Thomas |
Neighbourhood: | St. Thomas |
Style: | 2-Storey |
Lot Size: | x 122.42(Feet) |
Approximate Age: | 100+ |
Tax: | $2,496 |
Maintenance Fee: | $0 |
Beds: | 3 |
Baths: | 3 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |