John DiRenzo, Sales Representative • Phone: 1-800-901-6905 • https://www.homechannel.ca RE/MAX Centre City John DiRenzo Team Brokerage

42 Redan Street, St. Thomas

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42 Redan Street, St. Thomas

Brokered by: ROYAL LEPAGE RESULTS REALTY, BROKERAGE

MLS® ID 40351731

$649,900.00 For Sale | Residential Income

FOR SALE
Type: Residential Income 
Property Type: Multi-4 Unit
MLS® District: St. Thomas / NW
County: Elgin
Postal Code: N5P 1T4
New Construction Y/N:  No
Stories Total: 2
Bedrooms Total:  9
Number Of Units Total:  4


     
Cross Street: Balaclava St.
Directions: Corner of Redan Street and Balaclava Street
Interior Features: Other
Appliances:  Dryer,Refrigerator,Stove,Washer
Inclusions:  Other,4 Fridges, 4 Stoves, 2 Washers, 2 Dryers, 1 Dishwasher. Water Heater Owned.
Lot Depth:  92.58
Lot Size: 92.58 x 79.66 79.66  Fronting: South
Lot Features:  Urban,Irregular Lot,Schools
Acres Range:  < 0.5
Restrictions:  None
Topography:  Flat

Parking Features:  Asphalt
Driveway Parking:  Private Drive Double Wide
Parking Total:  4
Open Parking Y/N:  true
Open Parking Spaces:  4

Finished SqFt Aprx. (Above Grade):  0 Square Feet
Laundry Features:  Other
Exterior: Brick Veneer
Roof:  Asphalt Shing,Membrane
Basement:  Partial,Unfinished
Security Features:  Carbon Monoxide Detector(s),Smoke Detector(s)
Sewer:  Sewer (Municipal)
Water:  Municipal
Pool Features:  None
Heating:  Gas Hot Water
Heating Expenses:  3600
Cooling:  None
Fireplace Y/N:  false
Electric On Property:   true
Net Income:  23152
WaterFront Y/N:  No
Utilities:  Electricity Connected,Garbage/Sanitary Collection,Natural Gas Connected,Street Lights,Phone Connected
Winterized:  Fully Winterized
Foundation Details:  Concrete Block,Stone
Insurance Expense:  3500
Road Frontage Type:  Municipal Road,Public Road
Expenses:  Estimated


Remarks: 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.


Nearby Schools - What's For Sale Near?


Contact Us!

42 Redan Street, St. Thomas ON N5P 1T4 | MLS ID® 40351731
For More Information or Schedule a Showing, send John a Message or Call 1-800-901-6905
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage


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For Sale In The Area | 42 Redan Street St. Thomas | MLS® ID 40351731

58-60 Redan STREET
$399,000.00
58-60 Redan Street
St. Thomas
MLS® ID 40332874

Attention investors and handymen! Unlimited potential in this 2-unit, semi-detached home in downtown St. Thomas. Walking distance to schools, grocery stores, restaurants and any other amenities you may need. Unit 60 features 2-bedrooms (with potential to be converted to 3 bedrooms), and a full bath. Unit 58 is a renovated 3-bedroom, 1-bath unit. Private parking and separated backyards for each unit. A property like this is a welcome addition to any portfolio...  58-60 Redan Street..

Brokered by: Team Glasser Real Estate Brokerage Inc.

100 Balaclava STREET
$699,900.00
100 Balaclava Street
St. Thomas
MLS® ID 40353750

Incredible investment opportunity with tons of future upswing! Large lot (60x178ft) with a large detached garage that could easily be converted into a 5th Unit addition. Currently providing a rental income of $56,319/Yr!!! This purpose built 4-plex offers: Two turnkey VACANT designer renovated units (3 Bed $1,895/mt & 2 Bed $1,450/mt) Ready for your A+ tenant to move in. Two tenanted units (1 bed $520/mt, 2 bed $720/mt) all existing tenants are month-to-month and pay their hydro as well. Perfect for a forced equity appreciation move by turning over the units! Located nearby to the NEW Walmart ..  100 Balaclava Street..

Brokered by: The Agency Real Estate

99 Kains STREET
$375,000.00
99 Kains Street
St. Thomas
MLS® ID 40327827

Located in the heart of St. Thomas this beautiful two bedroom home has been lovingly maintained with a charming landscaped yard. A large reception room, with updated windows, a kitchen/dining room and mudroom complete the main floor. Upstairs boasts two large bedrooms and a four piece bathroom. Book your showing today ...  99 Kains Street..

Brokered by: Sutton Group Preferred Realty Inc., Brokerage

85 Kains STREET
$439,000.00
85 Kains Street
St. Thomas
MLS® ID 40341868

Welcome to this lovely home with so many updates in last few years! Included are a new kitchen, 2 new bathrooms, new electrical and plumbing 2018, new vinyl siding, new windows 2021, and upper floor development. Clear glass railing to basement adds a modern touch. Beautiful new kitchen with lots of cabinets, leads through to the bright laundry/mudroom. Basement has potential to gain living space as well. Nice size living room and dining room. Back yard has a large attractive shed and great patio area and is fully fenced. Everything is in move in condition in this home! Driveway is to the left ..  85 Kains Street..

Brokered by: St. Thomas Town & Country Realty Inc., Brokerage

109-113 Inkerman STREET
$8,990,000.00
109-113 Inkerman Street
St. Thomas
MLS® ID 40253884

Exceptional retail investment opportunity in St. Thomas robust market! Very attractive High Profile Free-standing building at the N/E corner of Inkerman St and Redan St. 87,437 sq ft on 5.45 acres of land includes 6,300 sq ft of office space. Other features include: 19 ft clear height, 4 Drive In doors, 2 Truck Level shipping doors, updated electrical with 600 amp power service, but can Be increased if required. 40,000 sq ft of newer roofing and newer interior painting. High exposure location in close proximity to St. Thomas Expy with ample parking space 120+. Proposed Design Drawings show th..  109-113 Inkerman Street..

Brokered by: Nu-Vista Premiere Realty Inc., Brokerage

28 Yarwood STREET
$469,900.00
28 Yarwood Street
St. Thomas
MLS® ID 40350775

Large triplex for sale offering an excellent opportunity for a first time homebuyer looking to subsidize their mortgage or investor wanting to add a great property to their portfolio. This gem is located in the heart of St. Thomas, making it walking distance to downtown, schools, parks and all of your shopping needs. The recently updated vacant unit is a large 2 bedroom with in-unit laundry and boasts a great roof top patio that overlooks the treed backyard. The front unit is a 1 bedroom with access to a covered front porch. The rear unit is another large 2 bedroom apartment and features a con..  28 Yarwood Street..

Brokered by: Re/Max Centre City Realty Inc.

28 Yarwood STREET
$469,900.00
28 Yarwood Street
St. Thomas
MLS® ID 40349006

Large triplex for sale offering an excellent opportunity for a first time homebuyer looking to subsidize their mortgage or investor wanting to add a great property to their portfolio. This gem is located in the heart of St. Thomas, making it walking distance to downtown, schools, parks and all of your shopping needs. The recently updated vacant unit is a large 2 bedroom with in-unit laundry and boasts a great roof top patio that overlooks the treed backyard. The front unit is a 1 bedroom with access to a covered front porch. The rear unit is another large 2 bedroom apartment and features a con..  28 Yarwood Street..

Brokered by: Re/Max Centre City Realty Inc.

24 Edward STREET
$450,000.00
24 Edward Street
St. Thomas
MLS® ID 40332998

Great Triplex and opportunity for an investor or first time home buyer to have their rent subsidized by two additional rental units. Upgrades include: 10 new windows on ground level (2022), New roof on upper 2 story section (2022), New water Heater (owned) (2022), New paint/floor in common area (2022), Unit 1 completely renovated (floors, kitchen cabinet, new paint, added lights, outlets and a new electrical panel) (2022). New Water Main (2021), New Florring in Upper Unit (2021)...  24 Edward Street..

Brokered by: Oliver & Associates Real Estate Brokerage Inc.


Restaurant / Cafe
  • The Open Kitchen
  • 877 Talbot St
    St Thomas, ON N5P 1E5
    0.4 km
  • Pita Pit
  • 877 Talbot St
    St Thomas, ON N5P 1E5
    0.4 km
  • Long Horns Texas Grill
  • 877 Talbot St
    St Thomas, ON N5P 1E5
    0.4 km
  • Union Burger St Thomas
  • 877 Talbot St
    St Thomas, ON N5P 1E5
    0.4 km
  • Harry`s Charcoal Broiled
  • 891 Talbot St
    St Thomas, ON N5P 1E6
    0.4 km
  • Boston Pizza St Thomas
  • 860 Talbot St
    St Thomas, ON N5P
    0.4 km
  • St Thomas Roadhouse Bar & Grill
  • 837 Talbot St
    St Thomas, ON N5P 1E4
    0.4 km
  • Coffee Culture Cafe & Eatery
  • 831 Talbot St
    St Thomas, ON N5P 1E4
    0.4 km
Shopping
  • Digital Power
  • 899 Talbot St
    St Thomas, ON N5P 1E6
    0.4 km
  • Horton Farmers Market
  • Manitoba St
    St Thomas, ON N5P
    0.4 km
  • Collect Em All Sports Cards
  • 817 Talbot St
    St Thomas, ON N5P 1E4
    0.4 km
  • Century Sound Sales And Service
  • 930 Talbot St
    St Thomas, ON N5P 1E7
    0.4 km
  • Vesta Shop
  • 797 Talbot St
    St Thomas, ON N5P 1E3
    0.4 km
  • Office Plus Van Pelt
  • 800 Talbot St
    St Thomas, ON N5P
    0.4 km
  • Hippie Homemakers
  • Talbot St
    St Thomas, ON N5P 1E8
    0.4 km
  • Badfish Vape
  • 808 Talbot St
    St Thomas, ON N5P 1E2
    0.4 km
  • Antiques on the Side
  • 791 Talbot St
    St Thomas, ON N5P 1E3
    0.5 km
  • Bottlery
  • 965 Talbot St
    St Thomas, ON N5P 1E8
    0.5 km
  • Giant Tiger
  • 780 Talbot St
    St Thomas, ON N5P 1E2
    0.5 km
  • Muscat Jewellers
  • 721 Talbot St
    St Thomas, ON N5P 1E1
    0.5 km
Parks / Recreation
  • Jaycees Pool
  • 93 Inkerman St
    St Thomas, ON N5P 3G5
    0.2 km
  • St. Thomas-Elgin Gymnastics Club
  • 24 Alexandria Ave
    St Thomas, ON N5P 3M8
    0.6 km
  • Jonas Park
  • Jonas St
    St Thomas, ON N5R
    0.7 km
  • Elite Karate Club
  • 36 St Catharine St
    St Thomas, ON N5P 2V8
    0.8 km
  • Barnes Park
  • Wellington St
    St Thomas, ON N5R
    0.8 km
  • Snow Lion Jujitsu Academy. St Thomas
  • 265 Wellington St
    St Thomas, ON N5R 2S6
    0.8 km
  • Timken Arena
  • 2 3rd Ave
    St Thomas, ON N5R
    0.9 km
  • Reps Sports & Fitness Training
  • 562 Talbot St
    St Thomas, ON N5P 1C4
    0.9 km
  • Goodlife Fitness
  • 1063 Talbot St
    St Thomas, ON N5P 1G4
    1.0 km
  • Precision Tae Kwon do
  • 112 Curtis St
    St Thomas, ON N5P 4A5
    1.0 km
  • Park N Bowl
  • 1016 Talbot St
    St Thomas, ON N5P 1G3
    1.0 km
  • Park `n Bowl
  • 1016 Talbot St
    St Thomas, ON N5P 1G3
    1.0 km