St. Thomas - St. Thomas
St. Thomas - St. Thomas
Listed For $1,149,000
Get Pre-approvedExpired
St Thomas Development Opportunity: In the courthouse district of St Thomas this 4 acre ravine lot is by-law approved for a 24 unit residential site. One of the most distinctive properties in St. Thomas. The existing 5900 sq ft two storey residence was originally built as an impressive single family home to numerous local dignitaries. Most recently the home has been converted into three separate dwellings with a total of 5 bedrooms, 4 full baths, formal living and dining rooms, Triple car garage parking and access to the in-ground pool. Rents average $1450/unit/month. In development the existing residence would be the hub and additional units would be built on the ravine and south sides. A truly impressive property and opportunity.
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