<-- style PDP --> 100 Balaclava Street, St. Thomas - Multi-4 Unit for sale for $674,900
  • sold

100 Balaclava Street

St. Thomas, ON, N5P 3C5 - NW

$674,900$000000

  • Neighbourhood

    NW

  • Major Intersection

  • Listed Since: 1216 day(s)

  • Last update: 1192 day(s) ago

Overview

  • Property Type

    Multi-4 Unit, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    4

  • Basement

    Partial, Partially Finished

  • Kitchen

    n/a

  • Total Parking

    n/a

  • Lot Size

    60.00x178 (Acres)

  • Taxes

    $4,536.31 (2022)

  • Type

    Freehold

Property Description

Property description for 100 Balaclava Street, St. Thomas

Incredible investment opportunity at a 6.10 cap rate with tons of future upswing! Large lot 60x178ft) with a large detached garage that could easily be converted into a 5th Unit addition. Currently providing a rental income of $56,319/Yr!!! This purpose built 4-plex offers: Two turnkey VACANT designer renovated units (3 Bed $1,895/mt & 2 Bed $1,450/mt) Ready for your A+ tenant to move in. Two tenanted units (1 bed $520/mt, 2 bed $720/mt) all existing tenants are month-to-month and pay their hydro as well. Perfect for a forced equity appreciation move by turning over the units! Located nearby to the NEW Walmart Supercentre Plaza, Starbucks, Canadian Tire etc... and only a quick 12min drive to the NEW Amazon Fulfillment Centre. This property couldn't be situated in a better location for LONG TERM growth. Reach out for the buyers package and more information regarding your next cash-flowing property!

Listed by THE AGENCY REAL ESTATE

  • MLS #

    40361577

  • Sq. Ft

    2142

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    n/a

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Vinyl Siding

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Concrete Perimeter, Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Electric

  • A/C

    Wall Unit(s)

  • Water

    Municipal-Metered

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40361577

  • Sq. Ft

    2142

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    n/a

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Vinyl Siding

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Concrete Perimeter, Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Electric

  • A/C

    Wall Unit(s)

  • Water

    Municipal-Metered

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 100 Balaclava Street, St. Thomas

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Closing Cost Calculator

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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