109 Ross Street
109 Ross Street
$1,695,000
$339/sq ft · 148 days on market
About This Listing
Brand new purpose-built 4-plex in St. Thomas. Located just minutes to London, Hwy 401, and Port Stanley beaches, this custom new build features 5500+ Sq ft of luxury finishes throughout. Always Fully Rented - Current income $112,800/year ($2300,$2400,$2500,$2200). Each side-by-side unit features a mirrored floor plan with 3 bedrooms, 2.5 baths, open-concept layout, and walkout to rear parking. All units include high ceilings, quartz countertops, upgraded lighting, in-suite laundry, and brand new appliances. Separately metered for all services with tenants paying all utilities. All paved wtih 5 parking spaces . Located near major employers including the VW EV battery plant and Amazon centre. Strong cash flow in a high-demand rental market, multi-generational living, or ideal live in with income! Note: very low property taxes and general out door maintenance. High quality construction. An excellent building to add to your portfolio! 6.1% CAP Rate!
| Monthly Mortgage (P&I) | $7,385 |
| Property Tax (MLS) | $417 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $7,802 |
Down payment: $339,000 (20.0%) · Mortgage: $1,356,000
Property tax uses MLS annual tax of $5,000/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by CENTURY 21 FIRST CANADIAN CORP
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Data last updated: August 23, 2026 at 06:25 a.m.