Rocky Li
Sales Representative
Right At Home Realty, Brokerage
Cell: 416-567-3688Office: 905-695-7888Fax: 905-695-0900
$724,900
Available - For Sale
Listing ID: X8303192
53 Gladstone Ave North , St. Thomas, N5R 2L7, Ontario
| Introducing a prime investment opportunity in the vibrant Court House District of St. Thomas, Ontario! Nestled on the desirable 53 Gladstone Avenue, this fourplex presents a lucrative prospect for savvy investors. Boasting four well-appointed 1-bedroom units, this property commands an impressive annual revenue of $67,000, making it a lucrative addition to any portfolio. What's more, with a current offering at a remarkable 7% capitalization rate, the potential for solid returns is undeniable. Recently renovated to the tune of $150,000, this turnkey property exudes quality and modernity, ensuring a hassle-free ownership experience. Each unit is meticulously maintained, attracting A+ tenants who not only pay rent promptly but also take great care of the premises, providing peace of mind for discerning investors. Beyond its inherent value, investing in 53 Gladstone Avenue means investing with multinational corps like Volkswagen & Amazon etc. You don't want to miss out on this one! |
| Price | $724,900 |
| Taxes: | $2679.00 |
| Address: | 53 Gladstone Ave North , St. Thomas, N5R 2L7, Ontario |
| Lot Size: | 66.00 x 57.00 (Feet) |
| Acreage: | < .50 |
| Directions/Cross Streets: | Hincks St & Gladstone Ave |
| Rooms: | 11 |
| Bedrooms: | 4 |
| Bedrooms +: | |
| Kitchens: | 4 |
| Family Room: | N |
| Basement: | Unfinished |
| Approximatly Age: | 100+ |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| Fireplace/Stove: | Y |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| BLUE FOREST REALTY INC. |
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Rocky Li
Sales Representative
Dir:
416-567-3688
Bus:
905-695-7888
Fax:
905-695-0900
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | SW |
| Style: | 2-Storey |
| Lot Size: | 66.00 x 57.00(Feet) |
| Approximate Age: | 100+ |
| Tax: | $2,679 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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