23 Barnes Street

ActiveSt. Thomas · St. Thomas87 days on marketMLS® X13109596
$499,999
$333 / sq ft
Bedrooms3
Bathrooms3
Interior1,500 sq ft
Lot Size4,983 sq ft
TypeMulti-Family
ListingFor Sale
Days on Market87

About this property

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13109596
StatusActive
Listing TypeFor Sale
Property TypeMulti-Family
Interior Size1,500 sq ft
Lot Size4,983 sq ft
Beds / Baths3 bed · 3 bath
NeighbourhoodSt. Thomas
CitySt. Thomas
Postal CodeN5R 2V4
ProvinceON
Listed DateMay 11, 2026
Days on Market87
Price per Sq Ft$333
BrokerageBLUE FOREST REALTY INC.

Location

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Listed by BLUE FOREST REALTY INC.