35-37 Kains Street, St. Thomas, ON N5P 1N1
St. Thomas
An exceptional opportunity to acquire a solid, income-producing legal fourplex offering both stability and upside potential. Three of the four units are occupied by long-term tenants, providing consistent rental income and low turnover. The remaining 2 bedroom unit has been newly updated and is currently vacant-ideal for an owner-occupant or the seller will guarantee market rent of approximately $1,600 until the end of September while the new owner finds a tenant to occupy the unit. The property features four separate hydro metres, a brand new boiler installed in 2024, and is in a great central location close to schools, shopping, and all of your amenities. The potential yearly rental income with the property fully tenanted is just under $40,000 with an NOI of just under $30,00 and boasts a potential cap rate of 6.76%. Don't miss out on this excellent investment opportunity in the heart of St. Thomas. Book you private showing today!
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 35-37 Kains Street, St. Thomas, ON N5P 1N1
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MLS# X13109744
Listed by ELGIN REALTY LIMITED
On market since May 11, 2026
35-37 Kains Street, St. Thomas, ON N5P 1N1 is listed for $429,900 CAD.
35-37 Kains Street, St. Thomas, ON N5P 1N1 has 5 bedrooms and 4 bathrooms.
35-37 Kains Street, St. Thomas, ON N5P 1N1 is a Fourplex.
35-37 Kains Street, St. Thomas, ON N5P 1N1 is in St. Thomas, Ontario.
35-37 Kains Street, St. Thomas, ON N5P 1N1 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 35-37 Kains Street, St. Thomas, ON N5P 1N1 (MLS# X13109744). You can also send a message through the contact form on this site.
