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Home ON Greater London St. Thomas
241 ROSS STREET
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241 ROSS STREET $924,900
$924,900
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241 ROSS STREET
St. Thomas, Ontario N5R3Y5

MLS® Number: X12085889
8
Bedrooms
3
Bathrooms
2500 - 3000
Square Feet

Listing Description

Live-In Ready or Fully Leased | 7.06% Cap Rate | Top 5% Performing Triplex in Ontario. A rare opportunity to own a fully renovated, high-yield triplex with top-tier financials and no renovation risk. This turnkey property offers high gross rents, a strong tenant base, and separate entrances & utilities for all units. Live in one unit while the other two cover your mortgage or lease all three for consistent passive income. Features include renovated to studs in 2015, coin laundry, 4-car parking, and a quiet, amenity-rich location ideal for long-term growth. This property outperforms nearly everything in its class and is a perfect fit for both investors and lifestyle buyers. Located in a friendly community near key amenities and bus routes. (40260522)

Location Description

Ross St and Wellington St

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
St. Thomas
Land Size
47.5 x 60 FT
Annual Property Taxes
$3,211
Parking Type
Attached Garage, Garage
Time on REALTOR.ca
8 days

Building

Bedrooms
Above Grade
8
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Stove, Washer, Refrigerator
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Poured Concrete
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Stone
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Parking Type
Attached Garage, Garage
Total Parking Spaces
4

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
47 ft ,6 in
Land Depth
60 ft
Other Property Information
Zoning Description
R3
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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