Thursday, August 13th, 2026

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$489,000
Available - For Sale
Listing ID: X13559158
Attention Investors! Worry-free investment opportunity offering an excellent rate of return. Prime mixed-use building located in the heart of St. Thomas' main commercial district at the high-visibility corner of Talbot Street and Elgin Street. This approximately 1,800 sq. ft. income-producing property features a fully leased commercial unit on the main floor and a spacious 2-bedroom, Living room , Kitchen and 1-Full bathroom apartment on the second floor. The second-floor kitchen and bathroom were fully renovated in 2026, enhancing the appeal of the residential unit. The property also includes an additional unfinished basement, offering excellent storage or future potential (subject to applicable approvals).Both the commercial and residential units are fully leased, providing stable and reliable cash flow from day one. A true turnkey investment in a sought-after location with strong long-term income potential. Buyer and Buyer's Representative to verify all measurements, dimensions, specifications, and all other information to their own satisfaction prior to submitting an offer.
Price $489,000
Taxes: $4,583.71
Tax Type: Annual
Occupancy by: Tenant
Address: 370 Talbot Street , St. Thomas, N5P 1B6, Elgin
Postal Code: N5P 1B6
Province/State: Elgin
Directions/Cross Streets: TALBOT ST AND ELGIN ST
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Retail
Use: Retail Store Related
Building Percentage: T
Total Area: 1,800
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 PROPERTY ZONE REALTY INC.

370 Talbot Street , St. Thomas, N5P 1B6, Elgin

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Commercial Retail
Area: Elgin
Municipality: St. Thomas
Neighbourhood: St. Thomas
Style:
Lot Size: x 50.17(Feet)
Approximate Age:
Tax: $4,583.71
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com