8 Metcalfe Street, St. Thomas, Ontario N5R 3J9

Listed for:
$449,900
3 beds
2 baths
Listed 136 days ago
Duplex for rent: 8 Metcalfe Street, St. Thomas, Ontario N5R 3J9

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Learn more about this property
Listing provided by:
ROYAL LEPAGE TRILAND REALTY
MLS® number:
40523325
Agent:
Devin Nadeau
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About

Take Wellington Road S to St. Thomas, turn left onto St George St., turn left onto Talbot St., turn right onto Metcalfe St. ATTENTION INVESTORS!! Welcome to 8 Metcalfe St in historic St. Thomas! This Up + Down Brick Duplex situated in a prime location downtown with countless amenities all within steps from the front door, plus a quick drive to London, HWY 401, & Port Stanley beach. The MAIN floor (including unfinished basement) is currently rented at $1350 + hydro and offers 1 spacious bedroom, a 3piece bath, updated kitchen, large living room & dining room plus a full unfinished lower level (future development potential?) with additional storage space & laundry. This unit includes a separate hydro meter. The UPPER unit is currently rented for $1500 + hydro and water and offers 2 bedrooms, living room, a full 4piece bath, plenty of living space & lots of natural light. As an added bonus, there is an attic space accessed from this unit. Great storage space can be found here or again, potential for further development! This unit includes a separate hydro meter. Updated furnace & central air in 2023. Some additional notable updates include: newer shingles, windows, flooring, electrical panels & insulation. This property offers a great opportunity in an excellent location to owner occupy or add on to your income property portfolio! C1 zoning also provides additional potential for commercial opportunities. Parking, if required, can be obtained via a municipal parking pass. (id:27476)

Property Highlights

Type
Duplex
Cooling type
Central air conditioning
Heating fuel
Natural gas
Fireplace
No
Construction material
Brick
Parking space
Ownership Type
Freehold
Amenities nearby
Shopping

Location

Summary

Located at 8 Metcalfe St in the historic city of St. Thomas, this brick duplex is an ideal investment opportunity. Situated in a prime downtown location, this property offers easy access to a variety of amenities, as well as convenient proximity to London, HWY 401, and Port Stanley beach.

The main floor of the duplex, which includes an unfinished basement, is currently rented for $1350 plus hydro. It features a spacious bedroom, a 3-piece bathroom, an updated kitchen, a large living room, and a dining room. The full unfinished lower level offers potential for future development, along with additional storage space and laundry facilities. The unit has a separate hydro meter.

The upper unit is currently rented for $1500 plus hydro and water, and offers 2 bedrooms, a living room, a full 4-piece bathroom, and plenty of living space with ample natural light. Additionally, there is attic space accessed from this unit, providing great storage space and potential for further development. This unit also has a separate hydro meter.

The property has been updated with a new furnace and central air in 2023, as well as newer shingles, windows, flooring, electrical panels, and insulation. With C1 zoning, there is potential for commercial opportunities, and parking can be obtained via a municipal parking pass if required.

This property, with a land size of under 1/2 acre, offers a great opportunity for owner occupancy or as an addition to an income property portfolio. It is currently for sale and is located in the province of Ontario with a postal code of N5R3J9. The property features a total of 2 bathrooms, 3 bedrooms, an unfinished basement, central air conditioning, a brick exterior finish, and is heated using natural gas with forced air. It is a 2.5 story duplex with nearby shopping amenities.