Gurvinder Nokwal REALTOR®
For Sale Multiplex 87 days on market

$599,900

Est. payment $2,656/moCalculate yours

6 Pearl Street, St. Thomas, ON N5P 2N8

St. Thomas, St. Thomas, ON N5P 2N8

  • 2 Beds
  • 1 Baths
  • 4 Garage
  • 700 Sq Ft
Map

Listing courtesy of RE/MAX Tri-County Realty Inc Brokerage MLS® X13597086

About this home

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.

Property details

Overview

Property Type
Multiplex
Style
Bungalow
For
For Sale
Status
New
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Parking
Detached garage · 16 total
Zoning
R3

Financial

Property Taxes
$2,772 (2025)

Location

Neighbourhood
St. Thomas
Cross Street
Elysian St
Direction Faces
West

Listing

MLS® Number
X13597086
Days on Market
87
Listed On
2026-07-23
Possession
Immediate
Listed By
RE/MAX Tri-County Realty Inc Brokerage

Features

Interior

  • None

Pool

  • None
Included
None
Excluded
None
Rental items
Hot water heater

Mortgage calculator

Minimum for this price: $34,990 (5.83%)

Amortization, years

Estimated mortgage payment

$2,656 per month

Principal and interest
$2,656
Property tax
$231
Estimated monthly cost
$2,887

Your mortgage

Mortgage amount
$479,920
Mortgage insurance
Not needed
Interest over 25 years
$316,948

Cash to close

Down payment
$119,980
Land transfer tax
$8,473
Total, before legal fees
$128,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

6 Pearl Street, St. Thomas, ON N5P 2N8 St. Thomas, St. Thomas, ON N5P 2N8
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$599,900 6 Pearl Street, St. Thomas, ON N5P 2N8
Request a showing