47 Forest Avenue, St. Thomas, Ontario N5R 2J1 is For Sale and has a listing price of 629,000. The property is located in the St. Thomas neighbourhood . It's been on the website for 10 Days.
Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 01/12/2026 | X12688398 | $629,000 | For Sale | - | - |