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93 Myrtle Street, St. Thomas, ON N5R 2E9

$489,900
: 5
BD
: 3
BA
: 1,500
SqFt

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List Price: $489,900
MLS#: X12944236
Status: ACTIVE
Type: Multifamily
SubType: Duplex
Style: 2 1/2 Storey
Bedrooms: 5
Bathrooms: 3
Living Area: 1500-2000
Province: ON
Municipality: St. Thomas
Area: Elgin
Neighborhood: St. Thomas
Subdivision: Fourth Ave

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Property Description

Presenting 93 Myrtle St a well-constructed, architecturally distinctive 2.5-story all-brick legal duplex, commanding a presence in a highly desirable, established neighbourhood in St Thomas. This property is an exceptional, revenue-generating asset defined by its impeccable maintenance and abundant inherent character throughout. The building is configured into two distinct, self-contained dwellings, with the main floor rented for $1595 plus a $50 flat fee for gas, and the upper rented for $1595 plus a $50 flat fee for gas. The spacious upper unit offers three generously sized bedrooms, while the comfortable lower unit features two dedicated bedrooms. Both residences benefit from their own separate kitchens and baths and laundry, ensuring maximum privacy and tenant appeal. A key advantage for ownership and tenancy management is the complete independence of utilities, including separate furnaces and hydro meters. This turnkey investment has been recently enhanced with significant capital improvements, including a newer roof , many newer windows, and dedicated upper and lower patios, providing private, desirable outdoor spaces for each unit. With its robust construction, essential utility separation, and prime location, this duplex represents a superior opportunity for an investor seeking a stable, high-quality addition to their portfolio.

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Additional Information

Taxes: $2,686
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: None
Family Room: Yes
Kitchens: 2
Exterior: Brick
Garage Type: None
Pool: None
Parking Spaces: 2
Parking Type: Private