50 FAIRVIEW Avenue
St. Thomas, ON
- 12 bed
- 4 bath
- approx. 3500-5000 sqft
- Fourplex
A rare opportunity to acquire a fully legal and vacant 4-plex in the growing city of St. Thomas, allowing the new owner to establish market rents from day one. This updated building offers an attractive unit mix: one 4 bedroom unit, two 3 bedroom units, and one 2 bedroom unit. Major improvements over the past 10 years include updated kitchens, modernized electrical with 100 amp service per unit, interior and exterior waterproofing, an updated roof with 50 year shingles, updated windows, refinished floors, fresh paint, updated exterior doors, and renovated bathrooms in three of the units. Additional features include basement storage, owned water heaters, municipal sewer connection, and in-unit laundry potential. Set on a large 0.59 acre lot, the property also offers underutilized land with possible future development, subject to approvals. Located minutes from parks, schools, shopping, downtown St. Thomas, London, and Hwy 401. St. Thomas continues to grow as a Southwestern Ontario investment market, supported by major regional employers including Volkswagen/PowerCo, Amazon, and Magna/Formet, along with ongoing downtown revitalization and long-term housing demand. With vacant possession, a legal 4-plex configuration, extensive updates, and future upside, 50 Fairview is a compelling turnkey investment opportunity.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $5,166
- Originally Listed
- $1,049,900
- Listed
- June 25, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Shingles
- Foundation
- Poured Concrete
- Interior
- Other
- Lot Size
- 55.57 x 249.22 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 10
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- ELM ST / FAIRVIEW AVE
- Zoning
- R3-5
- Parcel Number
- 352080100
- Possession
- Flexible
- Occupancy
- Vacant
Schools
Elementary
- Forest Park Public School0.3 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 School0.5 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 School1.1 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 Institute0.6 km
Public · Thames Valley DSB · 690 students
Grade 10 literacy: 79% met the provincial standard
- St Joseph's High School2 km
Catholic · London District Catholic School Board · 960 students
Grade 10 literacy: 92% met the provincial standard
- Arthur Voaden Secondary School2 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.
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.
Rooms
4-piece on Main, 4-piece on Main, 4-piece on Upper, 4-piece on Upper
Upper
- Bathroom9'8" x 7'
- Bathroom7'8" x 11'5"
- Bedroom8'5" x 10'2"
- Bedroom8'6" x 10'4"
- Bedroom 26'11" x 15'3"
- Bedroom 211' x 10'7"
- Bedroom 412'4" x 12'1"
- Dining Room14'2" x 20'2"
- Kitchen11'3" x 7'11"
- Living Room15'5" x 13'6"
- Primary Bedroom11' x 11'5"
- Primary Bedroom10'11" x 11'10"
- Primary Bedroom16'10" x 12'1"
Main
- Bathroom5'1" x 7'11"
- Bathroom6'10" x 7'2"
- Bedroom 37'10" x 11'7"
- Bedroom 38'7" x 9'10"
- Bedroom 310' x 14'1"
- Dining Room14'7" x 6'9"
- Dining Room8'11" x 6'9"
- Dining Room7'11" x 10'2"
- Foyer8'2" x 6'11"
- Kitchen8'9" x 8'4"
- Kitchen10'8" x 10'2"
- Kitchen17'11" x 10'10"
- Living Room16'2" x 14'1"
- Living Room18' x 15'
- Living Room10'11" x 11'4"
- Other8' x 11'3"
- Primary Bedroom10'6" x 19'7"
- Sunroom9'9" x 12'
Basement
- Other14'6" x 15'1"
- Utility Room
- Utility Room17'7" x 28'2"
- Utility Room18'4" x 11'1"
Listed by
ROYAL LEPAGE TRILAND REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$189,980
Estimated Monthly Payment
$4,667
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: $4,667/mo (20% down, 5.5%)
Taxes: $431/mo · Insurance: $237/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?