12 Beds 6 Bath

221 Highview Drive, St. Thomas, ON N5R 5H6

St. Thomas N5R 5H6 Ontario

MLS: X12544280

$1,700,000

Added 1 hour ago | For Sale

Listed by: ROYAL LEPAGE TRILAND REALTY

About Property

Rare Opportunity for Investors Seeking Quality + Cash Flow. This purpose-built 6-unit apartment building is the kind of investment that doesn't come along often. Constructed with solid concrete floors and exterior walls, every suite is essentially its own firebox, offering exceptional durability, safety, and long-term value. Perfectly positioned right across from the Elgin Mall, tenants enjoy unmatched convenience with shopping, transit, and amenities just steps away. Inside, each updated unit impresses with stainless steel appliances, tiled flooring throughout, plank porcelain bathroom tile, porcelain-tiled kitchens and all-wood trim and doors for a warm, modern finish. Additional income and ease of management come from the on-site coin laundry located on the lower level. Every unit also features its own water heater and is separately metered for hydro, giving investors full control over operating costs and boosting profitability. Whether you're expanding your portfolio or securing a stable, low-maintenance asset, this property checks all the boxes.

Features

  • House Style:Multiplex
  • Bathrooms:6
  • Land Size: 87.47 X 115.82
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:WELLINGTON STREET
  • Basement:Partial Basement , Partial Basement
  • Possession Date:IMMEDIATE
  • Annual Property taxes: $8934.54
  • Bedrooms:12
  • Total Parking Spaces:7
  • Parking Places:7
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12544280

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