About 449 Talbot Street
This mixed-use commercial property at 449-453 Talbot Street in the heart of Downtown St. Thomas presents a prime investment opportunity, offering the option of commercial space with vacant possession on closing or a fully tenanted building. Zoned C2, the property features an 8000 sq. ft. ground-floor commercial unit at 449 Talbot Street along with seven spacious loft-style residential units at 453 Talbot Street, each with separate hydro meters, hot water tanks, furnaces, and central air. With a gross annual rental income of $184,530, strong visibility, and excellent accessibility in a rapidly growing community, this property delivers solid returns and future growth potential. Extras: possibility of retail business for sale.
Features of 449 Talbot Street
| MLS® # | X12404508 |
|---|---|
| Price | $2,399,000 |
| Bedrooms | 17 |
| Bathrooms | 1.00 |
| Square Footage | 5000 + |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | Other |
| Status | Active |
Community Information
| Address | 449 Talbot Street |
|---|---|
| Area | Elgin |
| Subdivision | St. Thomas |
| City | St. Thomas |
| Province | ON |
| Postal Code | N5P 1C1 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Basement | Full, Unfinished |
| Kitchens | 7 |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | ROYAL LEPAGE TRILAND REALTY |
|---|