275 Talbot Street
St. Thomas, ON
- 0.09 sqft
- Commercial Retail
Excellent Investment Opportunity near the Prestigious Courthouse area of Downtown St. Thomas. Recently Updated Mixed use Commercial Building with 7 Residential Units ( 6 One Bedroom Units + 1 Bachelor )and One Commercial Unit. Gross Yearly Income of $116,280.00. Current NET Income shows an approximate 7.4% return on asking price. Each Unit has its own Hydro meter and all Tenants pay their own Heat & Hydro. Building has Secure Entry, Fire Alarm System and Panel, Security Cameras and Emergency Exits. Recent Updates Include Renovations and Upgrades to Units 1,2,3,4,5 and 7. Exterior Front/Side/Rear Wall Elevations Renovated along with Exterior Windows ( 3 Years ago ), Interior Hallways Renovated with all Vinyl Flooring and LED Sensor Lighting ( 2 Years ago ). Owned Hot Water Heaters ( 2 Years ago ). Easy Access to London and Highway 401 as well as Port Stanley's Beaches. Walking distance to Convenient Shopping including Grocery Stores, Service Centres, Boutiques and more.
Listing Details
- Taxes (2026)
- $6,631
- Listed
- September 3, 2026
Price History
Listing history
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Property
- Lot Size
- 22.75 x 122 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- TALBOT STREET AND ST. GEORGE STREET
- Zoning
- C1-3
- Parcel Number
- 351720126
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Retail Store Related
Included
- Inclusions
- FRIDGES X 7, STOVES X 7, WATER HEATERS X 2, SECURITY CAMERAS, WIFI ROUTER.
- Exclusions
- TENANTS BELONGINGS
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
Commercial 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 commercial properties in St. Thomas over the last 12 months.
Listed by
ROYAL LEPAGE TRILAND REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $6,631
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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