221 Highview Drive, St. Thomas, Ontario

$1,700,000

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12

Beds

6

Baths

About 221 Highview Drive

A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity. (id:36535)

Features of 221 Highview Drive

Listing # X12544280
Price $1,700,000
Bedrooms 12
Bathrooms 6.00
Acres 0.00
Type Multi-family

Community Information

Address 221 Highview Drive
Subdivision St. Thomas
City St. Thomas
Province Ontario
Postal Code N5R5H6

Amenities

Amenities Separate Heating Controls
Utilities Cable, Electricity, Sewer
Features Irregular lot size
Parking Spaces 7
Parking No Garage
View City view
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Refrigerator
Heating Electric Baseboard heaters
Cooling Wall unit
Fireplace No
# of Stories 3
Has Basement Yes
Basement Type Partial

Exterior

Exterior Brick
Exterior Features Landscaped
Lot Description 87.5 x 115.8 FT|under 1/2 acre
Foundation Concrete, Poured Concrete

Listing Details

OfficeCourtesy Of ROYAL LEPAGE TRILAND REALTY

Listing Map