Exceptional Development Opportunity - 1.43 Acres in Growing St. ThomasDiscover the potential of this rare 1.43-acre property, ideally situated on a quiet dead-end street in a peaceful, established neighbourhood. The existing residential home provides the opportunity for rental income while you plan your future development. With the potential for a multi-residential building of up to three storeys (subject to municipal approvals), this property offers an outstanding opportunity for investors, developers, or anyone looking to build a long-term income-producing asset. It may also be well suited for a seniors' multi-unit housing project or other residential development opportunities. Located in the rapidly growing community of St. Thomas, you'll enjoy convenient access to everything the city has to offer, including restaurants, grocery stores, schools, medical services, and recreational amenities. Plus, Highway 401 is just a 20-minute drive away, providing excellent connectivity for commuters and residents alike. Don't miss this exceptional opportunity to invest in one of Southwestern Ontario's fastest-growing communities.
| MLS # | X13597086 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 32 |
| Listing Provided By | RE/MAX Tri-County Realty Inc Brokerage | X13597086 518100 |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 |
| Garage | 4 |
| Property View | Park, Greenbelt, Trees, Woods |
| Interior Features | None |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Block |
| View | Park/Greenbelt, Trees/Woods |
| Construction Materials | Vinyl Siding |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private Double |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 2772 |
|---|---|
| Tax Legal Description | PART OF LOT 4 E/S ST. GEORGE ST BTN ELISION ST AND EMILY ST PLAN 15 AS IN E381227; ST. THOMAS |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Elgin |
| City | St. Thomas |
| Postal Code | N5P 2N8 |
| Area | St. Thomas |
| Listing VS Median (in N5P 2N8) | |
Price: $599,900 low | high Med: $0 On site: 32 low | high Med: | |
| Province | ON |
|---|---|
| Region | Elgin |
| City | St. Thomas |
| Postal Code | N5P 2N8 |
| Area | St. Thomas |
| Listing VS Median (in N5P 2N8) | |
Price: $599,900 low | high Med: $0 On site: 32 low | high Med: | |