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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE TRILAND REALTY |
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Type: | Com - Office |
Area: | Elgin |
Municipality: | St. Thomas |
Neighbourhood: | St. Thomas |
Approximate Age: | 100+ |
Tax: | $4,283.31 |
Baths: | 2 |
Fireplace: | N |