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Home ON Greater London St. Thomas
119 ERIE STREET
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119 ERIE STREET $1,079,900
$1,079,900
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119 ERIE STREET
St. Thomas, Ontario N5R2N1

MLS® Number: X12259065
6 + 2
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing Description

Beautifully Updated 4-Plex in a Prime Family-Friendly Neighborhood. Welcome to this exceptional 4-plex, offering a rare blend of timeless character and modern upgrades in a desirable, family-oriented location. Each of the four spacious 2-bedroom units has been thoughtfully renovated, making this a turnkey investment opportunity or an ideal multi-family living space. Inside, you'll find beautifully refinished hardwood floors that bring warmth and charm to every unit. The kitchens are a standout feature finished with granite or quartz countertops for a sleek, durable workspace. Pride of ownership shines throughout, with each unit meticulously maintained to ensure tenant comfort and satisfaction. Tenants can enjoy a shared, fully fenced yard complete with a lovely gazebo perfect for outdoor relaxation or summer gatherings. The property is as functional as it is attractive, boasting a long-lasting metal roof and a newer water furnace for added efficiency and peace of mind. With four dedicated parking spaces and a double garage, there's ample room for tenant vehicles and storage. This property isn't just a place to live its a community where tenants can feel at home. Additional Highlights: Gross rental income: $62,508/year. Shared laundry income: $100-130/month. Utility costs (shared): Hydro for basement & water ranges from $200-240/month, gas between $100-150/month (not on budget). Whether you're looking to expand your investment portfolio or secure a multi-family property with excellent income potential, this well-maintained 4-plex is a must-see. Book your private showing today and discover what sets this property apart. (40809852)

Location Description

Third Ave

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
St. Thomas
Land Size
54 x 123 FT|under 1/2 acre
Annual Property Taxes
$4,783.47
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
32 days

Building

Bedrooms
Above Grade
6
Below Grade
2
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater
Basement Type
Full
Building Features
Foundation Type
Poured Concrete, Block
Building Amenities
Separate Electricity Meters
Rental Equipment
None
Structures
Porch, Deck
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
6

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
54 ft
Land Depth
123 ft
Landscape Features
Landscaped
Other Property Information
Zoning Description
R4
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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