42 Redan Street
NW St. Thomas N5P 1T4

$649,900
Residential Income beds: 9 baths: 4.0

Main Photo: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 1: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 2: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 3: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 4: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 5: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 6: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 7: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 8: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Photo 9: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40351731
Bedrooms:
9
Bathrooms:
4
Great Multi-Family opportunity in a solid yellow brick 2 Storey home with 4 units! Amazing offer - total rental income $57,600 !!! 2 three-bedroom apartments ($1500 and $1300) one two-bedroom apartment ($1300) and one one-bedroom apartment ($610) also a storage room for rent $90. Each tenant pays their own electricity. Building is walking distance from down town St. Thomas and all major stores and shopping areas. Parking for 4 cars. Apartment 1 has a separate outdoor barbecue area. All residents are month to month, however, all have occupied for more than one year and are very consistent with payments (with account statements available). 2 years ago, all apartments were completely renovated with the replacement of plumbing. In one part of the basement, water pipes (heating) were completely replaced. All electrical wiring redone. Water heater is owned.
Property Type:
Residential Income
Type:
Multi-4 Unit
Listing General Location:
NW, St. Thomas
Bedrooms:
9
Bathrooms:
4.0 (Full:-/Half:-)
Lot Details:
92.58 x 79.66
Lot Depth:
92'7"
Lot Frontage:
79'8"
Frontage Type:
South
Kitchens:
0
County Or Parish:
Elgin
Property Attached:
Attached
Features:
Attached Garage: No, Garage: No, Inspection ESA: No, Inspection Fire: No, Local Improvement Fees Exist: No, New Construction: No
Construction:
Brick Veneer
Basement:
Partial, Unfinished
Foundation:
Concrete Block, Stone
Roof:
Asphalt Shing, Membrane
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
0 sq. ft.
Finished Area Above Grade:
0 sq. ft.
Fireplace:
false
Laundry Features:
Other
Water Supply:
Municipal
Pool:
None
Winterized:
Fully Winterized
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Gas Hot Water
Other,4 Fridges, 4 Stoves, 2 Washers, 2 Dryers, 1 Dishwasher. Water Heater Owned.
Dryer, Refrigerator, Stove, Washer
Other
false
No
Corner of Redan Street and Balaclava Street
None
No
Carbon Monoxide Detector(s), Smoke Detector(s)
Assessment Roll Number:
342102014012600
Assessment Year:
2022
HST Applicable To Sale Price:
Included
Features:
Attached Garage: No, Garage: No, Inspection ESA: No, Inspection Fire: No, Local Improvement Fees Exist: No, New Construction: No
Insurance Expense:
$3,500
Expenses:
Estimated
Heating Expense:
$3,600
Net Income:
$23,152
Zoning:
R3
Topography:
Flat
Utilities:
Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Street Lights, Phone Connected
Lot Site Features:
Urban, Irregular Lot, Schools
Features:
Attached Garage: No, Garage: No, Inspection ESA: No, Inspection Fire: No, Local Improvement Fees Exist: No, New Construction: No
Parking:
Asphalt
# Of Total Parking Spaces:
4.0
# Of Open Parking Spaces:
4.0
Driveway Parking:
Private Drive Double Wide
Road Frontage Type:
Municipal Road, Public Road
Licensed Dwelling:
No
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Num Occupied Units:
4
Listed Date:
Nov 21, 2022
  • Photo 1: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
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  • Photo 2: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
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  • Photo 3: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
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  • Photo 4: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
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  • Photo 5: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
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  • Photo 6: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
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  • Photo 7: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
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  • Photo 8: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
    Photo 8 of 9
  • Photo 9: 42 Redan Street in St. Thomas: NW Multi-4 Unit for sale : MLS®# 40351731
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Listed by ROYAL LEPAGE RESULTS REALTY, BROKERAGE
Data was last updated December 6, 2022 at 07:50 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$512,450
Min list price:
$349,900
Max list price:
$2,970,000
Avg days on market:
31
Min days on market:
6
Max days on market:
123
Avg price per sq.ft.:
$270.78
These statistics are generated based on the current listing's property type and located in St. Thomas. Average values are derived using median calculations.
St. Thomas Town & Country Realty Inc