+31
Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build. Features 5500+ SF of luxury finishes throughout. Current annual income of approx $114,000 with a CAP rate of 6%+. Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered with 5 rear parking spaces and 2 sewer/water connections. Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow potential in a high-demand rental market or ideal for multi-generational living, or ideal live in with income! Note: very low property taxes and general maintenance.