Scout N Secure

$499,999

Map

23 Barnes Street

St. Thomas, Ontario N5R2V4

For sale· Added

3 bed3 bath1,500–2,000 sqft

About this home

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 leased at $1500. 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.

Location

Map data © OpenStreetMap contributors

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Property details

Listing

MLS® number
X13109596
Added
May 11, 2026 ()
Updated
Sep 19, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2

Inside

Bedrooms
3
Bathrooms
3
Heating
Forced air, Natural gas
Cooling
Central air conditioning, Wall unit
Fireplace
No
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater

Building

Basement
Separate entrance
Exterior
Vinyl siding
Foundation
Block
Parking
No Garage · 3 spaces

Land

Lot size
58.5 x 83.5 ft
Zoning
R4

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Wellington And Princess
Directions
Wellington Street, North Onto Ross Street, Right Onto Barnes Street House Located On The Left.

Running costs

Annual property tax (2025)
$2,394

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$499,999
23 Barnes Street
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