221 Highview Drive
St. Thomas, ON
- 12 bed
- 6 bath
- approx. 5000 + sqft
- Multiplex
A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity.
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Listing Details
- Taxes (2024)
- $8,935
- Listed
- November 14, 2025
Price History
Listing history
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Property
- Style
- 2 1/2 Storey
- Age
- 16-30
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Poured Concrete
- Interior
- Floor Drain, Separate Heating Controls
- Lot Size
- 87.47 x 115.82 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- WELLINGTON STREET
- Zoning
- R4-6
- Parcel Number
- 352010035
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- 6 REFRIGERATORS, 6 STOVES
- Rental Items
- 6 WATER HEATERS
Schools
Elementary
- Forest Park Public School0.7 km
Public · Thames Valley DSB · 460 students
Grade 3 reading: 29% met the provincial standard · Grade 6 math: 39% met the provincial standard
- St. Anne's Separate School0.9 km
Catholic · London District Catholic School Board · 800 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 39% met the provincial standard
- Pierre Elliott Trudeau French Immersion Public School1.5 km
Public · Thames Valley DSB · 445 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 66% met the provincial standard
Secondary
- Central Elgin Collegiate Institute1 km
Public · Thames Valley DSB · 690 students
Grade 10 literacy: 79% met the provincial standard
- St Joseph's High School2.2 km
Catholic · London District Catholic School Board · 960 students
Grade 10 literacy: 92% met the provincial standard
- Arthur Voaden Secondary School2.2 km
Public · Thames Valley DSB · 355 students
Grade 10 literacy: 48% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area N5R
- Population
- 30,680
- Private dwellings
- 12,933
- Median age
- 44.8
- Average household size
- 2.4
- Median household income
- $80,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in St. Thomas · last 12 months
- Median sold price
- $536,000
- Homes sold
- 613
- Median days on market
- 27
- Sale-to-list price
- 97.7%
Based on 613 recorded sales of residential freehold properties in St. Thomas over the last 12 months.
Listed by
ROYAL LEPAGE TRILAND REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
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Mortgage Calculator
$340,000
Estimated Monthly Payment
$8,352
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,352/mo (20% down, 5.5%)
Taxes: $745/mo · Insurance: $425/mo
Estimates only. Consult a financial advisor.
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