64 Forest Avenue

Nestled in the charming community of St. Thomas, this delightful Multi-Family Home for sale in St. Thomas at 64 Forest Avenue is a fantastic opportunity for those looking to invest or for first-time buyers eager to make their mark in the property market. With its prime location and a wealth of potential, this property is sure to catch your eye.

The address, 64 Forest Avenue, St. Thomas, boasts a classic 2-storey multiplex design, featuring a robust vinyl siding exterior that not only adds to its aesthetic appeal but also ensures durability. This Multi-Family Home for sale in St. Thomas is ideally structured to accommodate two separate living spaces, making it a perfect investment for generating income. The upper unit has recently been renovated and comprises two spacious bedrooms, providing a comfortable living environment. This unit is currently vacant, giving you the unique advantage of setting your own rental price, thus maximising your potential income.

On the lower level, you will find a well-maintained one-bedroom unit that is occupied by a long-term tenant on a month-to-month tenancy. This arrangement is particularly beneficial as it offers a steady income stream while allowing you to gradually increase the rent to align with market rates. Given that the lower unit is currently renting well below the market average, this presents an excellent opportunity for enhancing your cash flow from this Multi-Family Home for sale in St. Thomas.

The property features a total of five rooms, including one kitchen and an additional kitchen, which is a rare find in such homes. The layout is functional, with an additional den that can serve various purposes, whether as a study or a small guest room. With two bathrooms, the home is well-equipped to handle the needs of multiple occupants, making it even more appealing to prospective tenants.

Situated on a 50 x 39 feet lot, this property at 64 Forest Avenue, St. Thomas, offers ample outdoor space, although it does not feature a pool or a garage. However, there are two parking spaces available, ensuring convenience for both you and your tenants. The absence of a central vacuum system, family room, and fireplace may seem like drawbacks, but they also mean lower maintenance and utility costs, which is a significant advantage for any landlord.

The home is heated by a forced air system, and while it does not come with air conditioning, the property benefits from municipal water and sewer services. The internet connectivity is a plus, making it suitable for modern living. The full, unfinished basement presents a blank canvas for your creativity, whether you wish to use it for storage or consider future renovations.

The community of St. Thomas is undergoing exciting upgrades, with recent improvements to the streets, including new water mains, sewers, curbs, and roads, set to be completed between September and October 2025. Additionally, a new paved driveway is also scheduled for October 2025, enhancing the overall appeal of this Multi-Family Home for sale in St. Thomas.

In summary, this property at 64 Forest Avenue, St. Thomas, is not just a house; it's a promising investment opportunity. Whether you choose to live in one unit and rent out the other or simply rent both for maximum income, the potential is immense. With its strategic location, functional layout, and the ongoing improvements in the area, this Multi-Family Home for sale in St. Thomas is priced to sell and is waiting for the right buyer to unlock its full potential. Don't miss out on this chance to secure a property that can work for you!

St. Thomas, located within the city of St. Thomas, is a charming and vibrant area that boasts a unique blend of historical charm and modern amenities. Nestled in the heart of southwestern Ontario, this community features picturesque parks, well-maintained streets, and a welcoming atmosphere that makes it an attractive place to live. Residents enjoy easy access to a variety of local shops, cafes, and recreational facilities, as well as a strong sense of community spirit. With its rich heritage and a focus on community events, St. Thomas offers a delightful environment for families and individuals alike, making it an ideal choice for those seeking a warm and engaging place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find Forest Park Public School, an elementary school offering grades JK to 8, just 1.2 km away, rated at 2.2. Closer at 0.8 km is Arthur Voaden Secondary School, catering to grades 9 to 12, though it has a lower rating of 0.8. For families interested in French education, Pierre Elliott Trudeau F.I.P.S. is only 0.7 km away, providing grades 1 to 8, but it currently holds a rating of 0. Parkside Collegiate Institute, another secondary school offering grades 9 to 12, is located 2.0 km from the property and boasts a higher rating of 5.5, indicating a better academic performance. Additionally, Monsignor Morrison Catholic School, a Catholic institution for JK to Grade 8, is situated 2.3 km away, although it has a rating of 0. Overall, while there are various schooling options nearby, prospective buyers should consider the varying school ratings when making their decision.