Property Details
50 FAIRVIEW AVENUE, St. Thomas, Ontario, N5R4X6
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: Sagheer: 519-694-1850 | Pal:519-619-9497
Tel: 519- 667-1800
$949,900 - For sale
A rare opportunity to acquire a fully legal and vacant 4-plex in the growing city of St. Thomas, allowing the new owner to establish market rents from day one. This updated building offers an attractive unit mix: one 4 bedroom unit, two 3 bedroom units, and one 2 bedroom unit. Major improvements over the past 10 years include updated kitchens, modernized electrical with 100 amp service per unit, interior and exterior waterproofing, an updated roof with 50 year shingles, updated windows, refinished floors, fresh paint, updated exterior doors, and renovated bathrooms in three of the units. Additional features include basement storage, owned water heaters, municipal sewer connection, and in-unit laundry potential. Set on a large 0.59 acre lot, the property also offers underutilized land with possible future development, subject to approvals. Located minutes from parks, schools, shopping, downtown St. Thomas, London, and Hwy 401. St. Thomas continues to grow as a Southwestern Ontario investment market, supported by major regional employers including Volkswagen/PowerCo, Amazon, and Magna/Formet, along with ongoing downtown revitalization and long-term housing demand. With vacant possession, a legal 4-plex configuration, extensive updates, and future upside, 50 Fairview is a compelling turnkey investment opportunity. (id:2471)
Location DescriptionCross Streets: ELM ST / FAIRVIEW AVE. ** Directions: LOCATED ON THE WEST SIDE OF FAIRVIEW AVE, NORTH OF ELM STREET.
- Property Address:50 FAIRVIEW AVENUE, St. Thomas, Ontario, N5R4X6
- Property Type:Multi-family
- Community Name:St. Thomas
- Lot Size:55.6 x 249.2 FT ; SEE REMARKS|1/2 - 1.99 acres
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Driveway:No Garage
- Parking Space Total:10
- Structure Style:Fourplex
- Bedrooms:12
- Bathrooms:4
- Floor Space:3500 - 5000 sqft
- Heating Type:Natural gas, Forced air, Heat Pump
- Storeys:2
- Basement Type:Full (Unfinished)
- Foundation Type:Poured Concrete
- Cooling Type:Central air conditioning, Wall unit
- Exterior Type:Brick
- Amenities Nearby:Park, Place of Worship, Schools, Public Transit
| Type | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 5.37 m x 8.58 m |
| Utility room | Basement | 10.1 m x 8.84 m |
| Other | Basement | 4.41 m x 4.61 m |
| Utility room | Basement | 5.6 m x 3.39 m |
| Dining room | Main level | 2.41 m x 3.11 m |
| Bathroom | Main level | 2.08 m x 2.18 m |
| Other | Main level | 2.43 m x 3.42 m |
| Dining room | Main level | 4.45 m x 2.05 m |
| Kitchen | Main level | 5.47 m x 3.3 m |
| Kitchen | Main level | 3.25 m x 3.11 m |
| Living room | Main level | 3.34 m x 3.46 m |
| Bathroom | Main level | 1.55 m x 2.41 m |
| Bedroom 3 | Main level | 3.05 m x 4.29 m |
| Bedroom 3 | Main level | 2.61 m x 3 m |
| Bedroom 3 | Main level | 2.39 m x 3.52 m |
| Dining room | Main level | 2.72 m x 2.05 m |
| Foyer | Main level | 2.48 m x 2.11 m |
| Kitchen | Main level | 2.67 m x 2.55 m |
| Living room | Main level | 4.92 m x 4.29 m |
| Primary Bedroom | Main level | 3.2 m x 5.98 m |
| Living room | Main level | 5.48 m x 4.56 m |
| Sunroom | Main level | 2.98 m x 3.67 m |
| Bedroom 2 | Upper Level | 3.35 m x 3.23 m |
| Bedroom 2 | Upper Level | 2.1 m x 4.66 m |
| Primary Bedroom | Upper Level | 3.33 m x 3.61 m |
| Bathroom | Upper Level | 2.94 m x 2.13 m |
| Bedroom 4 | Upper Level | 3.77 m x 3.68 m |
| Dining room | Upper Level | 4.31 m x 6.14 m |
| Kitchen | Upper Level | 3.42 m x 2.42 m |
| Living room | Upper Level | 4.71 m x 4.12 m |
| Primary Bedroom | Upper Level | 5.13 m x 3.68 m |
| Bathroom | Upper Level | 2.34 m x 3.47 m |
| Bedroom | Upper Level | 2.56 m x 3.09 m |
| Bedroom | Upper Level | 2.6 m x 3.14 m |
| Primary Bedroom | Upper Level | 3.36 m x 3.47 m |
Real Estate Broker ABR®️, SRS
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: Sagheer: 519-694-1850 | Pal:519-619-9497
Tel: 519- 667-1800
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 50 FAIRVIEW AVENUE, St. Thomas, Ontario, N5R4X6
- Neighbourhood Information
50 FAIRVIEW AVENUE, St. Thomas, Ontario, N5R4X6
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