24 - 26 Inkerman Street

Attention all investors! If you’re on the lookout for a fantastic opportunity, then look no further than this Multi-Family Home for sale in St. Thomas . Located at 26 Inkerman Street, St. Thomas, this impressive multiplex is a real gem in the heart of the community. With a whopping 28 bedrooms and 13 bathrooms, this property is designed to accommodate a multitude of tenants, making it an ideal investment for those keen on maximising their rental income.

This three-storey building, constructed from sturdy brick, boasts a total of 66 rooms, including 13 kitchens, which is a significant advantage for a multi-family setup. Each of the 12 two-bedroom units comes complete with its own balcony and a 4-piece bathroom, offering tenants a comfortable and private living space. With ample parking available for up to 15 vehicles, accessibility is a breeze, making this Multi-Family Home for sale in St. Thomas a highly attractive option for potential renters.

Situated on a generous lot measuring 110 by 169 feet, the property provides plenty of outdoor space, which can be a rare find in urban settings. Although there is no pool or garage on the premises, the driveway ensures that parking is convenient for both residents and their guests. The absence of a central vacuum system or fireplace might be noted, but these features can easily be added later, should you wish to enhance the property further.

The location of 26 Inkerman Street, St. Thomas, is another major selling point. Nestled within the vibrant community of St. Thomas in the Elgin area, this property is just a stone's throw away from essential amenities. Schools, grocery stores, and a hospital are all within easy reach, making it an ideal spot for families and individuals alike. The presence of municipal water and a septic sewer system adds to the practicality of this Multi-Family Home for sale in St. Thomas, ensuring that all basic needs are met.

While the building is currently unfurnished, this offers a blank canvas for potential owners to personalise the space to their liking. The partially finished basement provides additional opportunities for storage or even further development, depending on your vision for the property. Although there’s no family room or additional land, the existing structure is robust and ready for its next chapter.

The heating system is classified as ‘other’, which might require a bit of attention, but with the right upgrades, this Multi-Family Home for sale in St. Thomas could become a prime investment. The property is equipped with internet access, ensuring that tenants can stay connected, which is increasingly important in today’s world.

In summary, this Multi-Family Home for sale in St. Thomas at 26 Inkerman Street, St. Thomas, presents a remarkable investment opportunity. With its spacious layout, prime location, and potential for growth, it’s a chance not to be missed. Whether you’re a seasoned investor or just starting out, this property has all the right features to make it a lucrative venture. Don’t hesitate to reach out for a private showing and see for yourself the incredible potential this property holds. The time to invest is now, and this Multi-Family Home for sale in St. Thomas could be your next big success!

St. Thomas, nestled in the heart of Ontario, Canada, is a charming city that offers a delightful blend of urban convenience and natural beauty. Known for its rich railway history, the city boasts picturesque parks, vibrant local shops, and a strong sense of community spirit. Residents enjoy a range of recreational activities, from exploring the scenic trails of Pinafore Park to participating in local events that celebrate the city's heritage. With its friendly atmosphere, excellent schools, and proximity to larger urban centres, St. Thomas presents an inviting option for those seeking a welcoming place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Arthur Voaden Secondary School, just 0.5 km away, which offers grades 9 to 12 and has a school rating of 0.8. For younger children, June Rose Callwood Public School is only 0.8 km from the property, providing elementary education from JK to grade 8, with a commendable school rating of 4.3. Additionally, Monsignor Morrison Catholic School, located 1.6 km away, offers a Catholic education for grades JK to 8, although it currently has a rating of 0. Pierre Elliott Trudeau F.I.P.S., also an elementary school, is 1.3 km away and provides French-language instruction but has a low rating of 0. For secondary education, Parkside Collegiate Institute is 2.8 km from the property, offering grades 9 to 12 and an impressive school rating of 5.5. Overall, the area boasts a mix of public and Catholic schools, catering to diverse educational preferences and ensuring quality options for your children's education.