For Sale

4-8 ELGIN Street, St. Thomas, Ontario N5R 3L6

$469,900

4-8 ELGIN Street, St. Thomas, Ontario N5R 3L6 is For Sale and has a listing price of 469,900. The property is located in the St. Thomas neighbourhood . It's been on the website for 36 Days.

  • Office
    Property Type
  • 2
    Bathrooms
  • MLS ID: X12057095
  • Office Name ROYAL LEPAGE TRILAND REALTY
Property Description

Excellent Downtown building with C2 zoning (under Documents). This building has been a lawyer’s office for years on the main level and still is (Tenants). The main level offers a vestibule reception area, four offices and three work areas. There is access to the basement area from here which has a small kitchenette, storage and washroom. The second level which is currently vacant and could be rented out for more monthly income, which has three offices (could be four), 2 piece bathroom and a small kitchenette. Presently the landlord pays for the heat, hydro, water, taxes and insurance. Current income is $26,400/year. There is a current lease in place until May 31, 2026 (second year of the lease income is $27,600). Two water heaters owned also there is a forced air gas furnace and central air unit that supplies the main floor and a HVAC unit on the roof that supplies heat and central air to the second level (there are separate meters for both levels-hydro, gas and water). There is no parking with this building. You can park behind the building or across the street (permit parking).

Property Details
  • MLS ID: X12057095
  • Bathrooms: 2
  • Price: $469,900
  • Lot Depth: 60.07
  • Transaction Types: For Sale
  • Ref ID: X12057095
  • Year Built: N/A
  • Dir / Cross St: WELLINGTON/ELGIN
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
04/02/2025 X12057095 $469,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Thomas
  • $643,936 Average List Price
    based on 1 year
  • 21 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 73.24 % Up
  • Sold (12mo) 346
  • Rented (12mo) 66

  • 1 Month Change -12.6%
  • 3 Month Change -21.3%
  • 6 Month Change -18.7%
Walkscore
Additional Details
  • Heat Type Other
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: N/A
  • Taxes: $4,677
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 02/04/2025 17:18:16
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