221 Highview Drive

**Multi-Family Home for sale in St. Thomas **

Nestled in the heart of St. Thomas, this exceptional **Multi-Family Home for sale in St. Thomas** at 221 Highview Drive is a rare opportunity for astute investors seeking quality and cash flow. This purpose-built multiplex, constructed between 16 to 30 years ago, boasts a robust design with solid concrete floors and brick exterior walls, ensuring each of the six units functions as its own firebox. This unique feature not only enhances durability and safety but also contributes to the long-term value of the property.

Situated conveniently across from the bustling Elgin Mall, tenants of this **Multi-Family Home for sale in St. Thomas** will relish the unmatched accessibility to shopping, public transit, and various amenities, all just a stone's throw away. The prime location of 221 Highview Drive, St. Thomas, makes it an attractive proposition for renters, thereby enhancing the potential for consistent cash flow.

Inside, each of the six updated units is designed to impress. With a total of 31 rooms, including 12 bedrooms and 6 bathrooms, this property is spacious and well-appointed. Each unit features modern stainless steel appliances, laminate flooring throughout, and beautifully finished kitchens adorned with plank porcelain tiles. The bathrooms echo this modern aesthetic with porcelain tiling, and all-wood trim and doors add a touch of warmth and elegance to the living spaces.

A significant advantage of this **Multi-Family Home for sale in St. Thomas** is the on-site coin laundry located on the lower level, providing additional income and ease of management. Each unit is equipped with its own water heater and is separately metered for hydro, giving investors full control over operating costs and enhancing profitability. This thoughtful design ensures that the property is not only an investment but a low-maintenance asset, ideal for those looking to expand their portfolio.

The property features wall unit air conditioning to keep residents comfortable during the warmer months, while the baseboard heating system ensures warmth during the cooler seasons. Although there is no pool or fireplace, the amenities available in the vicinity more than compensate for these features. The absence of a central vacuum system and the unfurnished nature of the units provide a blank canvas for tenants to personalise their living spaces according to their tastes.

The lot measures an impressive 87 X 116 feet, providing ample outdoor space for residents to enjoy. With a private driveway accommodating up to seven parking spaces, convenience is paramount at this **Multi-Family Home for sale in St. Thomas**. Although there is no garage space available, the parking facilities ensure that residents and guests have easy access to their vehicles.

This property, located at 221 Highview Drive, St. Thomas, is not just a building; it is an investment opportunity that checks all the boxes for those seeking a stable and profitable venture. Whether you are a seasoned investor or looking to make your first foray into property investment, this **Multi-Family Home for sale in St. Thomas** presents an unparalleled chance to secure a quality asset in a thriving community.

In conclusion, 221 Highview Drive, St. Thomas, is more than just a multiplex; it is a gateway to financial success and stability. With its prime location, modern amenities, and robust construction, this property stands out in the market. Don’t miss out on this rare opportunity to invest in a **Multi-Family Home for sale in St. Thomas** that promises quality, cash flow, and long-term value.

St. Thomas, nestled within the city of St. Thomas, offers a charming blend of urban convenience and natural beauty. This vibrant area is characterised by its picturesque parks, historic architecture, and a welcoming atmosphere that fosters a sense of belonging. Residents can enjoy a variety of local amenities, including quaint shops, cafes, and community events that celebrate the region's rich heritage. With its well-connected transport links and proximity to larger urban centres, St. Thomas provides a serene yet accessible lifestyle, making it an ideal choice for those seeking a balance between city living and a close-knit environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Forest Park Public School, just 0.7 km away, offering elementary education from JK to Grade 8 under the Thames Valley District School Board, although it has a lower school rating of 2.2. For secondary education, Central Elgin Collegiate Institute is only 1.0 km from the property, providing grades 9 to 12 with a more favorable rating of 5.4. Additionally, Pierre Elliott Trudeau F.I.P.S., located 1.5 km away, offers French-language elementary education, but it currently holds a school rating of 0. Parkside Collegiate Institute, another secondary school, is 3.2 km away and has a solid rating of 5.5. For those interested in Catholic education, Monsignor Morrison Catholic School is 2.8 km from the property, serving grades JK to 8. Overall, the area offers a mix of educational options, catering to different language preferences and educational philosophies, making it a great environment for children’s growth and development.

Key Statistics of the Neighbourhood

The area surrounding the property has a small population of 581 residents, characterized by an average household size of 1.6 individuals. The demographic is predominantly older, with an average age of 67.6 years. The average household income stands at $58,000, with 12.4% of the population classified as low-income. The real estate market reflects a median property price of $345,000, and a significant portion of the community is single, comprising 59.82% of the population. Families with children are relatively few, making up only 15.38% of households. The area has a notable immigrant presence, accounting for 21.57% of residents, and a high percentage of renters at 64.06%. Condominiums represent 25% of the housing options available. Educational attainment is relatively high, with 45.45% of the population holding a college or university degree. However, a significant portion of the community, 63.27%, is not actively participating in the labor force. This demographic profile suggests a tranquil, primarily older community with a mix of rental and ownership opportunities, appealing to those seeking a quieter lifestyle.