Purpose-built fourplex situated on a large lot in the growing community of St. Thomas is conveniently located close to parks, schools, shopping, and all of your amenities. This property presents an excellent opportunity for investors seeking a solid, income-generating asset. This well-maintained property features multiple key upgrades, including a durable metal roof, newer weeping tile, and a recently installed sump pump for added peace of mind. Each 2 bedroom unit benefits from separate electrical panels and individual water heaters, offering efficiency and reduced operating complexity. A turnkey addition to any portfolio with strong fundamentals in a high-demand rental market. Unit 1 $756/month, Unit 2 $863/month Unit 3 $1490/month, and Unit 4 $1502/month all plus utilities.
Address
79 Joyce Street
List Price
$949,900
MLS® Status
New
Expiration Date
2026-09-07
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
Sidesplit 4
Transaction Type
Sale
Area
St. Thomas
Region
Elgin
Bedrooms
8
Bedrooms (Total)
8
Rooms Above Grade
30
Bathrooms
4
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
163.73
Lot Shape
Irregular
Lot Irregularities
163.73ftx49.53ftx41.82ftx128.24ftx78.07f
Lot Size Units
Feet
Lot Width
95.32
Parcel Number
351810241
Occupant Type
Tenant
Cross Street
South Edgeware
MLS® Number
X12963218
Listing Brokerage
ELGIN REALTY LIMITED
Basement Area
Unfinished
Postal Code
N5P 3M3
Posession Details
flexible
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$5,269.00
Tax Year
2025
Interior Features
Carpet Free, Sump Pump, Water Heater Owned
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
Window Unit(s)
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
4
Pool Features
None
Roof
Metal
Tax Legal Description
LT 24 PL 302 ST. THOMAS; S/T E126905; ST. THOMAS
Waterfront
No
Sewer
Sewer