242 Alma Street, St. Thomas, ON

$219,000
MLS#:X12254528
0 beds
0 baths
< 700 sqft
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable [] vacant land located in the coveted neighborhood of St. Thomas. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $219,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 39.64 x 179.19 ft lot
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: None
  • equipped with [] central cooling

Prime Infill Lot in St. Thomas. Grading plan paid ($6800). Parkland fee paid ($11,000), Lot serviced ($38,000). Vacant lot tucked into a mature, quiet subdivision in St. Thomas. Close to Waterworks park, Lockes PS. R3 zoning and full municipal servicing in place, this site is ready for a variety of residential builds. No demolition required just a clean slate with established infrastructure and design flexibility thanks to the extra-deep 179 ft lot. The location offers a strong mix of convenience and lifestyle just 20 minutes to London or the beach in Port Stanley.Whether youre a builder seeking your next project or an investor looking to grow your rental portfolio, this lot checks all the boxes for urban infill potential.VTB available.

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Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 8, 2025
Sold price information is available to members only
Listed Date6/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size39.64 × 179.19 Feet
CountyElgin
Annual Tax$750.96
Legal DescriptionPART BLOCK 0, REGISTERED PLAN 110, PART 1, PLAN 11R11135 CITY OF ST. THOMAS

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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242 Alma Street, St. Thomas, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for St Thomas, St Thomas.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Elgin Court
Public254 First Avenue, St. Thomas, Ontario, N5R 4P5
4.3
St. Anne's
Catholic84 Park Avenue, St. Thomas, Ontario, N5R 4W1
5.5
Forest Park
Public295 Forest Avenue, St. Thomas, Ontario, N5R 2K5
2.6
John Wise
Public100 Parkside Drive, St. Thomas, Ontario, N5R 3T9
4.4
Mitchell Hepburn
Public95 Raven Avenue, St. Thomas, Ontario, N5R 0C2
5.7

Secondary Schools

Central Elgin
Public201 Chestnut Street, St. Thomas, Ontario, N5R 2B5
5.6
Parkside
Public241 Sunset Drive, St. Thomas, Ontario, N5R 3C2
6.1
St. Joseph’s
Catholic100 Bill Martyn Parkway, St. Thomas, Ontario, N5R 6A7
6.5
Arthur Voaden
Public41 Flora Street, St. Thomas, Ontario, N5P 2X5
2.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 242 Alma Street, St. Thomas, ON N5P 3B8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$175,200
Monthly Mortgage$1,018
Property Tax (Est.)$63
Utilities & Maint.$350
Total Monthly Cost$1,431

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

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No current listings found in St. Thomas.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.