46 m
Distance
An exceptional opportunity to acquire a fully renovated mixed-use investment property in the heart of rapidly growing downtown St. Thomas. This turnkey asset features 14 income-generating streams, including 11 renovated residential apartments, two ground floor commercial units, and a long-term rooftop telecommunications lease. The residential component consists of eleven beautifully renovated apartments that blend modern finishes with the character of the original heritage building. Each suite has been thoughtfully updated while preserving distinctive architectural features including exposed brick, oversized windows, and soaring ceilings. Most units are currently vacant, providing investors with the rare opportunity to lease at today's market rents and maximize income potential from the outset. A comprehensive back-to-the-studs renovation completed in 2025 included new mechanical systems, electrical, plumbing, HVAC, and high-quality interior finishes, significantly metered utility system, allowing tenants to pay their own utilities and resulting in exceptionally low operating costs for ownership. Located in the heart of downtown St. Thomas, the property is exceptionally well positioned to benefit from one of Ontario's fastest-growing economies. Billions of dollars in investment, including the Volkswagen PowerCo battery cell manufacturing facility, the St. Thomas Mega Site, and numerous supplier facilities, are bringing thousands of new jobs and driving continued demand for quality housing and commercial space throughout the region. Offering diversified income, significant leasing upside, minimal deferred maintenance, and exceptional long-term growth potential, this is a rare opportunity to acquire a premier mixed- use investment in one of Southwestern Ontario's most dynamic and rapidly expanding markets. Financial statements, rent roll, and lease information are available upon request. (id:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the St. Thomas, ON area.
89/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
85/100
Very Bikeable
Bike Score ®
Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 0/100, Bike Score: 34/100.
Source: Realty.com
539 TALBOT STREET, St. Thomas, ON N5P1C3 in St. Thomas, ON N5P1C3 is a multi family listed at $4,500,000. Highlights include 1,800 sq. ft., $2,500 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 50 photos of 539 TALBOT STREET.
The full address for this home is 539 TALBOT STREET, St. Thomas, ON N5P1C3.
539 TALBOT STREET has been listed on Realty.com since Tue July 21, 2026
Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 0/100, Bike Score: 34/100.
Listing provided courtesy of:
PRIME REAL ESTATE BROKERAGE
Listing agent:
JUSTIN KONIKOW
This content last refreshed on 2026-07-27 02:54:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.