40 Metcalfe Street
St. Thomas, ON
- 5 bed
- 3 bath
- approx. 2500-3000 sqft
- Detached
- 104 days on market
Fully tenanted, investment opportunity with an IN-LAW SUITE! Welcome to this beautifully updated property tucked away in a quiet pocket of St. Thomas, just steps from the charm of the Courthouse District. Featuring a self-contained in-law suite with a separate entrance, this property offers exceptional versatility for multigenerational living or additional income. With five bedrooms, two kitchens, two laundry rooms, a heated single-car garage, and a fully fenced backyard, this home combines modern comfort with timeless character. The main floor showcases a welcoming covered porch, bright open-concept living and dining areas, and a stylish kitchen with stainless steel appliances, an island, walk-in pantry, convenient two-piece washroom and interior access to the heated garage. Upstairs, you'll find a spacious primary bedroom with a walk-in closet, a second bedroom, a laundry room, and a four-piece bathroom. The finished third-floor loft adds valuable living space, perfect for a bedroom, private retreat, home office, or playroom. The lower level offers a beautifully designed in-law suite complete with a modern kitchen, comfortable living area, two bright bedrooms, a three-piece bathroom, laundry, and storage. Located in a historic neighbourhood surrounded by beautiful architecture, this home is within walking distance to local amenities such as cafes, restaurants, and shops, and just minutes from the Elevated Park and V.A. Barrie Disc Golf Park. A rare opportunity to own a stylish, updated property in one of St. Thomas's most desirable areas. The property is currently tenanted at $4025.00 per month, all-inclusive.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $2,962
- Originally Listed
- $679,900
- Listed
- May 28, 2026
Price History
Listing history
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Property
- Style
- 2 1/2 Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- On Demand Water Heater, In-Law Suite
- Lot Size
- 33 x 84.5 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- St Annes Place
- Zoning
- R4
- Parcel Number
- 352260078
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Washer x 2, Dryer x 2, Fridge x 2, Stove x 2, Dishwasher, Built in Microwave
- Exclusions
- Tenants' belongings
Schools
Secondary
- Arthur Voaden Secondary School1.1 km
Public · Thames Valley DSB · 355 students
Grade 10 literacy: 48% met the provincial standard
- Central Elgin Collegiate Institute2.3 km
Public · Thames Valley DSB · 690 students
Grade 10 literacy: 79% met the provincial standard
- Parkside Collegiate Institute2.4 km
Public · Thames Valley DSB · 1015 students
Grade 10 literacy: 82% met the provincial standard
Elementary
- Pierre Elliott Trudeau French Immersion Public School1.9 km
Public · Thames Valley DSB · 445 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 66% met the provincial standard
- June Rose Callwood Public School2.1 km
Public · Thames Valley DSB · 395 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 18% met the provincial standard
- John Wise Public School2.2 km
Public · Thames Valley DSB · 580 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 34% 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.
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
- $535,500
- Homes sold
- 620
- Median days on market
- 27
- Sale-to-list price
- 97.8%
Based on 620 recorded sales of residential freehold properties in St. Thomas over the last 12 months.
Rooms
2-piece on Main, 4-piece on Second, 3-piece on Basement
Third
- Bedroom
Second
- Bathroom11'4" x 5'6"
- Bedroom8'10" x 14'1"
- Laundry11'4" x 5'6"
- Primary Bedroom10'10" x 21'2"
Main
- Bathroom4'9" x 5'6"
- Dining Room10'8" x 14'1"
- Foyer7' x 11'5"
- Kitchen14'1" x 11'6"
- Living Room10'8" x 25'9"
Lower
- Bathroom6'9" x 6'7"
- Bedroom12'2" x 9'9"
- Bedroom13' x 10'6"
- Kitchen5'5" x 11'4"
- Laundry19'4" x 9'2"
- Living Room11'11" x 9'8"
Listed by
ROYAL LEPAGE TRILAND REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$131,980
Estimated Monthly Payment
$3,242
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: $3,242/mo (20% down, 5.5%)
Taxes: $247/mo · Insurance: $165/mo
Estimates only. Consult a financial advisor.
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