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$429,900

35-37 KAINS STREET — St. Thomas, Ontario

N5P1N1

ELGIN REALTY LIMITED

5Beds

4Baths

2Parking

About This Property

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! (id:63357)

Property Location

Map

Property Details

Property Type: Multi-Unit
Bedrooms: 5
Bathrooms: 4
Stories: 2.0
Status: Active

Location & Neighborhood

What's nearby 35-37 KAINS STREET

Nearby Schools

Arthur Voaden Secondary School
secondary
0.2 km
Balaclava Street Adult Learning Centre
secondary
0.5 km

Parks & Recreation

Currah Parkette
park
0.3 km
Lions Park
playground
0.4 km
Veterans Memorial Gardens
park
0.4 km

Local Amenities

Dining

The Bistro0.3 km
Your Fish & Chips Restaurant0.3 km

Banking

BMO0.3 km

Grocery

Bulk Barn0.4 km
Food Basics0.4 km

Coffee & Cafes

Coffee Culture0.4 km

POI data updated 5/18/2026

St. Thomas Market Snapshot

236

Active Listings

$600K

Median Price

—

Avg Days on Market

Last updated: May 11, 2026

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ELGIN REALTY LIMITED

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$429,900