Salehian.com 647-325-5000

23 Barnes Street

St. Thomas, St. Thomas, N5R 2V4

$499,999

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  • 3 bedrooms
  • 3 bathrooms
  • 3 parking
  • 1500-2000 sq ft

Listed 162 days ago · MLS® X13109596

About this home

An exceptional opportunity to own a well-maintained and extensively updated triplex offering strong income potential and long-term investment stability. This property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout. Unit 1 - (Main Floor) Front Bright and inviting 1-bedroom unit featuring a covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro. Unit 2 - (Upper Unit) 1-bedroom unit with a private balcony. Currently leased at $1,035.32/month + hydro. Unit 3 - (Main Floor Back) Fully renovated in 2023 with a modern open-concept layout, this stylish 1-bedroom unit includes a covered porch and large private rear deck. Currently leased at $1500. Additional income is generated through a coin-operated washer and dryer installed in 2021, averaging approximately $800-$1,000 annually. Recent Updates Include: Shingles (2019), Main porch railing (2020), Front door with keyless entry (2020), Most windows replaced, Main floor front unit renovation (2020), including flooring, paint, trim, and bathroom updates, Upper unit flooring updates (2021), New furnace with dual heat control (November 2021), Owned water heaters. This property also offers two driveways with parking for three vehicles. Covered porches and private outdoor areas enhancing tenant appeal and overall value. A turnkey addition to any investment portfolio with reliable rental income, quality tenants, and significant recent improvements.

Details

Type
Triplex
Style
2-Storey
Size
1500-2000 sq ft
Lot
58.5 × 83.5 ft
Basement
Separate Entrance
Garage
None
Kitchens
3
Property tax
$2,394 (2025)
Neighbourhood
St. Thomas
Municipality
St. Thomas

Interior

Bedrooms
3 above ground
Bathrooms
3 × 4-piece
Rooms
8 above ground
Family room or den
Yes
Fireplace
No
Features
Water Heater Owned

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air, Wall Unit(s)
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding
Roof
Shingles
Foundation
Concrete Block
Faces
North

Parking

Total parking
3

Lot

Size
58.5 × 83.5 ft

More

Possession
30 DAYS AFTER CLOSING
Cross street
WELLINGTON AND PRINCESS

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 3 grocery stores, 19 cafés and restaurants, 3 parks, 3 pharmacies. Nearest grocery: Bulk Barn (250 m). Nearest park: Jonas Park (150 m).

Schools nearby

Elementary

  • Pierre Elliott Trudeau French Immersion Public School
    EQAO: Gr 6 reading 100%, math 66%    16 min walk
  • June Rose Callwood Public School
    EQAO: Gr 6 reading 74%, math 18%    1.4 km
  • Forest Park Public School
    EQAO: Gr 6 reading 64%, math 39%    1.4 km
  • St. Anne's Separate School Catholic
    EQAO: Gr 6 reading 85%, math 39%    1.6 km

Secondary

  • Arthur Voaden Secondary School
    EQAO: Gr 9 math 27%, literacy test 48%    7 min walk
  • Balaclava Street Adult Learning Centre9 min walk
  • Central Elgin Collegiate Institute
    EQAO: Gr 9 math 50%, literacy test 79%    1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N5R

Owners / renters
74% / 26%
Median household income
$80,000
Average age
44
Children under 15
16%
Homes
71% detached, 2% high-rise
Commute by transit
0%
Population
30,680

Languages spoken most at home besides English: Spanish 0.3%, Polish 0.2%, Khmer (Cambodian) 0.2%, Tagalog (Pilipino, Filipino) 0.1%.

Safety

Crime Severity Index for St. Thomas police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 24 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by BLUE FOREST REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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