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  • 35-37 Kains Street - St. Thomas - St. Thomas (St. Thomas) X13109744 - VIP

    35-37 Kains Street St. Thomas St. Thomas N5P 1N1
    Main Photo: 35-37 Kains Street - St. Thomas - St. Thomas (St. Thomas) X13109744 - VIP
    $429,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    X13109744
    Bedrooms:
    5
    Bathrooms:
    4
    An exceptional opportunity to acquire a solid, income-producing 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. 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 income with property fully tenanted is just under $40,000 with an estimated 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! More details
    Listed by ELGIN REALTY LIMITED
    John DiRenzo, Sales Representative
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Data was last updated May 12, 2026 at 04:15 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.