170 Wellington Street, St. Thomas, ON
Property Highlights
Welcome to this remarkable investment 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 $1,690,000 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
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent opportunity for an investor/user. The main floor of the building was a former chiropractic office featuring multiple offices and reception area. The lower level has an established fitness centre. Ideal for doctors/chiropractors or investor. Located centrally on Wellington Street just one block from downtown. This solid brick building has had many updates including a new roof in 2014, two roof top HVAC units and parking lot. With R4034 zoning this property would also be ideal for are development possibility.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 170 Wellington Street, St. Thomas, ON N5R 2S1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Thomas, ON
For a property listed at $1,690,000 in St. Thomas, the legal minimum down payment is $338,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,275 for this transaction. As this listing is in St. Thomas (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,275.
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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.
