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6 Pearl Street

6 Pearl Street

St. Thomas, ON

  • 2 bed
  • 1 bath
  • approx. 700-1100 sqft
  • Multiplex
$599,900

Exceptional Development Opportunity - 1.43 Acres in Growing St. ThomasDiscover the potential of this rare 1.43-acre property, ideally situated on a quiet dead-end street in a peaceful, established neighbourhood. The existing residential home provides the opportunity for rental income while you plan your future development. With the potential for a multi-residential building of up to three storeys (subject to municipal approvals), this property offers an outstanding opportunity for investors, developers, or anyone looking to build a long-term income-producing asset. It may also be well suited for a seniors' multi-unit housing project or other residential development opportunities. Located in the rapidly growing community of St. Thomas, you'll enjoy convenient access to everything the city has to offer, including restaurants, grocery stores, schools, medical services, and recreational amenities. Plus, Highway 401 is just a 20-minute drive away, providing excellent connectivity for commuters and residents alike. Don't miss this exceptional opportunity to invest in one of Southwestern Ontario's fastest-growing communities.

Listing Details

Taxes (2025)
$2,772
Listed
July 23, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Block
Interior
None

Parking

Garage
Detached
Covered Spaces
4
Total Parking
16

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Elysian St
Zoning
R3
Parcel Number
351710029
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
None
Exclusions
None
Rental Items
Hot water heater

Schools

Secondary

  • Arthur Voaden Secondary School1 km

    Public · Thames Valley DSB · 355 students

    Grade 10 literacy: 48% met the provincial standard

  • Central Elgin Collegiate Institute2.4 km

    Public · Thames Valley DSB · 690 students

    Grade 10 literacy: 79% met the provincial standard

  • Parkside Collegiate Institute2.7 km

    Public · Thames Valley DSB · 1015 students

    Grade 10 literacy: 82% met the provincial standard

Elementary

  • June Rose Callwood Public School1.8 km

    Public · Thames Valley DSB · 395 students

    Grade 3 reading: 58% met the provincial standard · Grade 6 math: 18% met the provincial standard

  • Pierre Elliott Trudeau French Immersion Public School2.1 km

    Public · Thames Valley DSB · 445 students

    Grade 3 reading: 62% met the provincial standard · Grade 6 math: 66% met the provincial standard

  • Monsignor Morrison Separate School2.1 km

    Catholic · London District Catholic School Board · 525 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 30% 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 N5P

Population
21,081
Private dwellings
8,962
Median age
42.8
Average household size
2.4
Median household income
$77,500

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
$535,000
Homes sold
612
Median days on market
28
Sale-to-list price
97.7%

Based on 612 recorded sales of residential freehold properties in St. Thomas over the last 12 months.

Listed by

RE/MAX Tri-County Realty Inc Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$119,980

Estimated Monthly Payment

$2,947

Land transfer tax

Estimated land transfer tax$8,473

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: $2,947/mo (20% down, 5.5%)

Taxes: $231/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The existing residential home provides the opportunity for rental income while you plan your future development.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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