53 Gladstone Ave, St. Thomas

53 Gladstone Ave, SW, St. Thomas N5R2L7

2-Storey, Fourplex Property
11 Rooms Total, 4 Kitchens
4 Parking Spaces

66.00 x 57.00

Unfinished Basement
Vinyl Siding Exterior

Introducing A Prime Investment Opportunity In The Vibrant Court House District Of St. Thomas, Ontario! Nestled On The Desirable 53 Gladstone Avenue, This Fourplex Presents A Lucrative Prospect For Savvy Investors. Boasting Four Well-Appointed 1-Bedroom Units, This Property Commands An Impressive Annual Revenue Of $67,000, Making It A Lucrative Addition To Any Portfolio. What's More, With A Current Offering At A Remarkable 7% Capitalization Rate, The Potential For Solid Returns Is Undeniable. Recently Renovated To The Tune Of $150,000, This Turnkey Property Exudes Quality And Modernity, Ensuring A Hassle-Free Ownership Experience. Each Unit Is Meticulously Maintained, Attracting A+ Tenants Who Not Only Pay Rent Promptly But Also Take Great Care Of The Premises, Providing Peace Of Mind For Discerning Investors. Beyond Its Inherent Value, Investing In 53 Gladstone Avenue Means Investing With Multinational Corps Like Volkswagen & Amazon Etc. You Don't Want To Miss Out On This One!

Pt Lt 12 Blk R Pl 3 St. Thomas As In E415010; S/T & T/W E415010; St. Thomas

Flat Level, 3.04m x 4.20m

Flat Level, 3.04m x 3.35m

Main Level, 3.45m x 2.10m
4 Pc Bath

Flat Level, 3.04m x 2.40m

Flat Level, 3.96m x 2.70m

Flat Level, 3.90m x 5.18m

Main Level, 2.26m x 2.03m
4 Pc Bath

Flat Level, 4.05m x 3.60m

Flat Level, 3.90m x 2.70m

2nd Level, 3.70m x 1.70m
4 Pc Bath

Flat Level, 2.40m x 3.35m

Flat Level, 3.04m x 2.10m