41 Mondamin Street, St. Thomas, ON

$10
MLS#:X12985272
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial retail 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 $10 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
  • Premium 205 x 210.08 ft lot size
  • Convenient outside/surface garage included
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Plaza Under new Ownership and Management. Now Leasing -Prime Commercial/ Retail/ Office I Clinic/ Recreation etc, Plaza in St. Thomas. This well-positioned commercial plaza offers an excellent opportunity for businesses looking to establish or expand in downtown St. Thomas. The plaza is currently undergoing extensive upgrades, with improvements designed to enhance both curb appeal and tenant experience. Ownership is motivated & offering attractive leasing incentives for qualified tenants. New improved asking prices. Strategically located at the corner of Mondamin St. & Scott St, the property benefits from strong visibility and convenient access. It is just minutes from the Talbot Street commercial corridor, City Hall, and the Public Library, placing your business in the center of a vibrant and established community. A range of unit sizes is available, accommodating a variety of uses including retail, office, medical, recreational & restaurant space. Space Available: Unit 2: 3,300 sq.ft. - Asking $17.50 per sq.ft. Net. Unit 3: 1,700 sq.ft. - Asking $18.95 per sq.ft. Net. Unit 6: 2,400 sq.ft. - Asking $17.50 per sq.ft. Net. Unit 7: 750 sq.ft. - Asking $18.95 per sq.ft. Net. Unit 8: 3,456 sq.ft. - Asking $10.00 per sq.ft. Net - 2nd floor space. Units can be combined for larger spaces as well. Additional Rent (TMI / Cam & Taxes): Estimated at $5.00 per sq.ft. Utilities are separately metered in the Tenant's name. Other Tenants in the plaza include: Desjardins Insurance, Gisela's Thrift Shop etc .. Zoning C2-7 - Permits a wide range of uses: offices, retail store, Clinic, restaurants, hair salons, nail salons, spas, recreational centre uses, workshops, private clubs, theatres etc .. Plenty of on-site free parking. 65 parking spaces. Building signage available. Property Highlights: Flexible unit sizes, high visibility corner, Easy access, ongoing property upgrades, competitive leasing incentives, good signage, busy and established neighbourhood.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date4/9/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeCommercial Retail
Lot Size205 × 210.08 Feet
CountyElgin
Annual Tax$5

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

Interior Features

Security Features

Partial

Community Features

Location

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41 Mondamin Street, St. Thomas, ON
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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 41 Mondamin Street Unit 8, St. Thomas, ON N5P 2V3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Thomas.

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Interest Rate5.25%
Down Payment$1 (10.0%)
* Minimum Canadian down payment required for this price is $1.
Amortization Period25 Years
Estimated Monthly Payment$0Based on a loan of $9 over 25 years.
Purchase Price$10
Loan Amount$9
Provincial Land Transfer Tax:$0
Total Estimated Closing Taxes:$0

About Purchasing a Home in St. Thomas, ON

For a property listed at $10 in St. Thomas, the legal minimum down payment is $1 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 $0 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 $0.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for St. Thomas, St. Thomas.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$585,056

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

Forest Park
Public295 Forest Avenue, St. Thomas, Ontario, N5R 2K5
2.6
St. Anne's
Catholic84 Park Avenue, St. Thomas, Ontario, N5R 4W1
5.5
Elgin Court
Public254 First Avenue, St. Thomas, Ontario, N5R 4P5
4.3
Mitchell Hepburn
Public95 Raven Avenue, St. Thomas, Ontario, N5R 0C2
5.7
Edward Street
PublicEdward Street, St. Thomas, Ontario, N5P 1Z5
3.7

Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.