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Home ON Greater London St. Thomas
119 ERIE STREET
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119 ERIE STREET $1,099,500
$1,099,500
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119 ERIE STREET
St. Thomas, Ontario N5R2N1

MLS® Number: X9269154
6 + 2
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing Description

Welcome to this beautifully updated 4plex, perfectly situated in a family-friendly neighborhood. Each of the four 2-bedroom units offers a blend of modern upgrades and timeless charm, making this property a standout investment opportunity or a wonderful place to call home. Step inside to find beautifully refinished wood floors that add warmth and character to each unit. The kitchens are thoughtfully designed, featuring granite or quartz countertops that provide both style and durability. Pride of ownership is evident throughout, with each unit meticulously maintained and updated to ensure comfort and satisfaction. Outside, tenants can enjoy a shared fenced yard, complete with a charming gazebo perfect for outdoor gatherings or peaceful relaxation. The property also boasts a durable metal roof and a new water furnace, adding to the long-term value and efficiency of the home. With four parking spaces and a double garage, there's plenty of room for tenants to park and store belongings. This 4plex is not just a place to live, it's a community where families can thrive. Don't miss this rare opportunity to own a beautifully updated multi-unit property in a sought-after neighborhood. Schedule a viewing today and see for yourself the quality and care that sets this 4plex apart. Financial information , hydro for basement and water is between 284 to 350 per month, Gas is not on budget and runs between $54 and $200 per month. Rental income currently is $61,404 gross, with potential of $79200. Income for laundry ranges from $132 to $214, but expected increase with 2 new tenants in the main part of house. **** EXTRAS **** Rents for front of 4plex are 1800 and 1600 and the back portion are 897 and 820. First 2 on lease until fall of 2025, and last 2 are month to month long term tenants. Only unit 2 has central air. Tenants pay hydro. Each unit approx 850sf (36599961)

Location Description

Third Ave

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
SW
Land Size
54 x 123 FT|under 1/2 acre
Annual Property Taxes
$4,725.16
Parking Type
Detached Garage
Time on REALTOR.ca
87 days

Building

Bedrooms
Above Grade
6
Below Grade
2
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater, Water Heater - Tankless
Basement Type
N/A (Unfinished)
Building Features
Features
Level
Foundation Type
Block, Poured Concrete
Rental Equipment
None
Structures
Deck, Porch
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Detached Garage
Total Parking Spaces
6

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Fencing
Fenced yard
Frontage
54 ft
Land Depth
123 ft
Landscape Features
Landscaped
Other Property Information
Zoning Description
R4
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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