55 East Street, St. Thomas ON

About 55 East Street

Vacant Possession Duplex in St. Thomas - Set Your Rents from Day OneA rare opportunity to take control of your investment from the start. This 2.5-storey duplex will be delivered vacant on closing, allowing you to secure market rents immediately.Located in an established area of St. Thomas close to amenities and transit, supporting consistent tenant demand.The home features two self-contained units with private entrances. The main floor offers a bright living space with large windows, laminate flooring, decorative fireplace, two bedrooms, a 3-piece bath, and an updated eat-in kitchen with newer cabinetry and stainless steel appliances. A rear mudroom adds functional entry and storage.The upper unit includes two bedrooms, a full 4-piece bath, kitchen, and access to a private deck. The finished third floor expands the upper unit with an additional bedroom and large living area.Shared laundry is located in the lower level with potential for coin operation. Rear parking for two vehicles.Key updates include separate hydro meters plus a common meter, updated electrical (ESA Feb 2025), steel roof (2022) with transferable warranty, owned water heaters and water softener, and natural gas furnace. Two fridges and two stoves with transferable warranty. Two self-contained units with finished third-floor space expanding the upper unit offer strong rental potential. Financial summary available in supplements. (id:56071). Get more information on 55 East Street

Property Features

Appliances:  Water softener, Water Heater, Dryer, Hood Fan, Two stoves, Washer, Window Coverings, Two Refrigerators
Rental Equipment:  None
Directions:  Cross Streets: Elysian. ** Directions: Take Talbot Street to East Street ... home is on your right before hitting Elysian Street.
Zoning Description:  R4
Interior Size:  2000 - 2500 sqft
Amenities:  Separate Electricity Meters
Lot:  30 x 107 FT|under 1/2 acre 30 x 107 FT
Exterior Finish:  Brick, Vinyl siding
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / None
Age: 100+ years
Foundation: Block, Poured Concrete
Basement:  N/A, N/A (Unfinished) Unfinished

Rooms & Sizes

Mud room Second level 4.08 m x 2.13 m	Bathroom Second level 2.31 m x 2.01 m	Bedroom 3 Second level 3.52 m x 3.4 m
Bedroom 4 Second level 3.09 m x 3.09 m	Kitchen Second level 3.52 m x 2.53 m	Family room Third level 4.96 m x 4.81 m
Bedroom 5 Third level 5.25 m x 4.24 m	Bathroom Main level 1.08 m x 3.05 m	Bedroom Main level 3.44 m x 2.74 m
Bedroom 2 Main level 3.61 m x 2.74 m	Living room Main level 3.69 m x 4.36 m	Kitchen Main level 3.16 m x 5.68 m
Mud room Main level 1.92 m x 2.07 m