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List Price: $790,000

361 Talbot Street, St. Thomas, N5P 1B7

- By ROYAL LEPAGE TRILAND REALTY
Investment|MLS - #X11909231|New
Bed
Bath
3826 Sqft.
None Garage

Client Remarks

Prime Downtown St. Thomas Medical Office Long-Term Tenant & Strong Investment Opportunity. This exceptional investment property is a fully leased medical office in downtown St. Thomas, occupied by the same tenant for over 10 years. A new 2-year lease extension began December 1, 2024, ensuring continued stability. The building has been completely renovated into modern office spaces on both levels to accommodate the current tenants needs. Additional updates include a newer roof. The tenant is responsible for all expenses, inclusive of realty taxes and insurance. Net income to the landlord of $49,800 per year. Landlord is responsible for the roof, replacement of HVAC (if required), and structure. A rare opportunity to own a turnkey income-generating property with a long-term, reliable tenant in a prime location!
Property Description

361 Talbot Street, St. Thomas, N5P 1B7

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

3826 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

3826

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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361 Talbot Street, St. Thomas, N5P 1B7
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

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