47 Barnes Street, St. Thomas, ON

$524,900
MLS#:X9361633
5 beds
3 baths
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] duplex located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $524,900 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 44.96 x 106.01 ft lot size
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

This duplex has it all!If you are a first time home buyer looking for a family home with supplemental rental income to support your mortgage THIS IS IT.The vacant unit at the rear of the property represents approx. 65 % of the total properties square footage. It has a three-level back deck facing southwest, convenient private parking with separate access at the rear of the building and is just a few minutes walking distance to downtowns main street shopping. Everything in the interior has been thoughtfully upgraded and freshly painted, ensuring a move-in-ready experience. The main unit offers a generous living space, including a spacious all white kitchen, cozy living room with gas fireplace, a separate dining room, and a 4 pc. bathroom. Upstairs, you will find 2 sizeable bedrooms, a dedicated office space, and an additional 2 piece bathroom. Meanwhile, the front unit which is currently rented at $1332 month-to-month, plus hydro and water, has two bedrooms, its own front deck and separate parking. Both units are equipped with their own washer and dryer, separate hydro and water, and ample basement storage. Recent upgrades include new eaves troughs and downspouts in 2024, shingles replaced in 2021 with a part metal roof, mostly vinyl windows, and an upgraded furnace in 2018.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 22, 2024
Sold price information is available to members only
Listed Date9/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style1 1/2 Storey
ConstructionBrick
BasementFull
Lot Size44.96 × 106.01 Feet
CountyElgin
Annual Tax$2,590
Legal DescriptionLT 11 PL 189; ST. THOMAS

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Hospital

Interior Features

Water Heater

Security Features

Community Features

Location

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47 Barnes 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 47 Barnes Street, St. Thomas, ON N5R 2V6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$419,920
Monthly Mortgage$2,440
Property Tax (Est.)$216
Utilities & Maint.$350
Total Monthly Cost$3,006

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in St. Thomas.

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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$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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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.