23 Barnes Street, St. Thomas, ON N5R 2V4
St. Thomas
An exceptional opportunity to own a well-maintained and extensively updated triplex offering strong income potential and long-term investment stability. This property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout. Unit 1 - (Main Floor) Front Bright and inviting 1-bedroom unit featuring a covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro. Unit 2 - (Upper Unit) 1-bedroom unit with a private balcony. Currently leased at $1,035.32/month + hydro. Unit 3 - (Main Floor Back) Fully renovated in 2023 with a modern open-concept layout, this stylish 1-bedroom unit includes a covered porch and large private rear deck. Currently vacant, providing an excellent opportunity to set market rent or occupy yourself. Additional income is generated through a coin-operated washer and dryer installed in 2021, averaging approximately $800-$1,000 annually. Recent Updates Include: Shingles (2019), Main porch railing (2020), Front door with keyless entry (2020), Most windows replaced, Main floor front unit renovation (2020), including flooring, paint, trim, and bathroom updates, Upper unit flooring updates (2021), New furnace with dual heat control (November 2021), Owned water heaters. This property also offers two driveways with parking for three vehicles. Covered porches and private outdoor areas enhancing tenant appeal and overall value. A turnkey addition to any investment portfolio with reliable rental income, quality tenants, and significant recent improvements.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 23 Barnes Street, St. Thomas, ON N5R 2V4
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MLS# X13109596
Listed by BLUE FOREST REALTY INC.
On market since May 11, 2026
23 Barnes Street, St. Thomas, ON N5R 2V4 is listed for $499,999 CAD.
23 Barnes Street, St. Thomas, ON N5R 2V4 has 3 bedrooms and 3 bathrooms.
23 Barnes Street, St. Thomas, ON N5R 2V4 is a Triplex.
23 Barnes Street, St. Thomas, ON N5R 2V4 is in St. Thomas, Ontario.
23 Barnes Street, St. Thomas, ON N5R 2V4 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 23 Barnes Street, St. Thomas, ON N5R 2V4 (MLS# X13109596). You can also send a message through the contact form on this site.
