soldbymarjanheidari@gmail.com      416-400-5987

$469,900
Available - For Sale
Listing ID: X12397959
4-8 ELGIN Stre , St. Thomas, N5R 3L6, Elgin


Excellent Downtown building with C2 zoning (under Documents). This building has been a lawyer's office for years on the main level and still is (Tenants). The main level offers a vestibule reception area, four offices and three work areas. There is access to the basement area from here which has a small kitchenette, storage and washroom. The second level which is currently vacant and could be rented out for more monthly income, which has three offices (could be four), 2 piece bathroom and a small kitchenette. Presently the landlord pays for the heat, hydro, water, taxes and insurance. Current income is $26,400/year. There is a current lease in place until May 31, 2026 (second year of the lease income is $27,600). Two water heaters owned also there is a forced air gas furnace and central air unit that supplies the main floor and a HVAC unit on the roof that supplies heat and central air to the second level (there are separate meters for both levels-hydro, gas and water). There is no parking with this building. You can park behind the building or across the street (permit parking).
Price $469,900
Taxes: $4283.31
Tax Type: Annual
Assessment Year: 2025
Occupancy: Tenant
Address: 4-8 ELGIN Stre , St. Thomas, N5R 3L6, Elgin
Postal Code: N5R 3L6
Province/State: Elgin
Legal Description: PT LT 6-7 PL 187 ST. THOMAS AS IN E31414
Directions/Cross Streets: WELLINGTON/ELGIN
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Office
Use: Professional Office
Building Percentage: T
Total Area: 2592.00
Total Area Code:  Square Feet
Office/Appartment Area: 1296
Office/Appartment Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 100+
Sprinklers: No
Washrooms: 2
Heat Type: Other
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY
Personal Picture
Marjan Heidarizadeh
Sales Representative
Dir:
416-400-5987
Bus:
905-456-1000
 
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At a Glance:
Type: Com - Office
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: x 60.07(Feet)
Approximate Age: 100+
Tax: $4,283.31
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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