Commercial Real Estate in St Thomas available for sale
1

Multifamily Property for Sale near St Thomas

The max can't be less than the min

Apartment Buildings for Sale Within of St Thomas

More details for 50 Fairview Av, St Thomas, ON - Multifamily 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
Hide
See More
LoopNet Canada Ontario Multifamily Properties For Sale in St Thomas, ON, Canada

Learn More About Investing in Multifamily Properties

More Articles
Understanding Cap Rates in Commercial Real Estate
Understanding Cap Rates in Commercial Real Estate
Calculating and Interpreting Cap Rates for Canadian Investors
Types of Commercial Leases: From Gross to Triple Net
Types of Commercial Leases: From Gross to Triple Net
Understanding the Different Lease Structures for Your Business Space
Commercial Real Estate Investing: Your Path to Market Success
Commercial Real Estate Investing: Your Path to Market Success
Your guide to starting and thriving in Canadian commercial property investments
Apartment Building Investment: A Strategic Market Overview
Apartment Building Investment: A Strategic Market Overview
Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio
How to Rent an Office for Your Business in Canada
How to Rent an Office for Your Business in Canada
Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space
Understanding Common Area Maintenance (CAM) Charges
Understanding Common Area Maintenance (CAM) Charges
Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions
How to Buy Land: From Raw to Ready for Development
How to Buy Land: From Raw to Ready for Development
Understanding Land Types and Purchase Requirements for Property Investment
REIT Investment Strategies: Building Real Estate Wealth
REIT Investment Strategies: Building Real Estate Wealth
Understanding Investment Trusts and Creating Your Portfolio Strategy

Multifamily Properties for Sale in St Thomas

View All Available Listings
How many multifamily properties are available for sale in St Thomas?
There are currently 1 multifamily properties available for sale in St Thomas, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in St Thomas?
The average size of multifamily properties available for sale in St Thomas is about 5,700 SF. The largest multifamily properties 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.
Nearby Cities
Other Property Types