St Thomas Apartment Buildings for Sale

Multifamily in St Thomas available for sale

St Thomas Apartment Building for Sale

50 Fairview Av

St Thomas, ON N5R 4X6

Multifamily for Sale
$1,149,000 CAD
5,700 SF

Air Conditioning
24 Hour Access
Kitchen
Smoke Detector

St Thomas Multifamily for Sale

A fantastic opportunity to own a fully legal and vacant extensively upgraded 4-plex where you can set your own rent in the fast-growing city of St. Thomas. This building offers a desirable unit mix of one 4-bedroom unit, two 3-bedroom units, and one 2-bedroom unit. Nearly every major component has been updated over the past 10 years, including new kitchens, modernized electrical (100 amps per unit), full waterproofing (interior & exterior), refinished floors (2024), updated roof (50 year shingles) and windows, fresh paint (2024), three units have updated bathrooms and updated exterior doors on all units. Additional highlights include basement storage, in-unit laundry potential, owned water heaters (x4), municipal sewer connection, and the potential for a 5th unit in the basement. Situated on a large 0.61-acre lot with significant under-utilized land offering potential for future units, parking, or storage (concepts for up to 16 units supported by recent planning study; zoning amendment required). Ideally located minutes from parks, schools, shopping, and downtown amenities with quick access to London and Hwy 401. St. Thomas is an affordable, rapidly growing community with major new employers (Volkswagen EV plant, Amazon, Magna), a revitalized downtown core, and strong long-term rental demand an ideal turnkey investment with future upside

Contact:

eXp Realty

Property Subtype:

Apartment

Date on Market:

2025-09-18

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Apartment Buildings for Sale in St Thomas

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How many apartment buildings are available for sale in St Thomas?

There are currently 1 apartment buildings available for sale in St Thomas, offering a unique opportunity for businesses to establish a presence.

How big are the apartment buildings available for sale in St Thomas?

The average size of apartment buildings available for sale in St Thomas is about 5,700 SF. The largest apartment buildings available to buy is 5,700 SF and the smallest is 5,700 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

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Apartment Building for Sale in St Thomas