$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
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
Estimated mortgage payment
$2,656 per month
- Principal and interest
- $2,656
- Property tax
- $231
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $128,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
This photo could not be loaded.