275 Talbot Street

St. Thomas, St. Thomas, N5P 1B3

$1,295,000

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Listed 46 days ago · MLS® X13744814

About this home

Excellent Investment Opportunity near the Prestigious Courthouse area of Downtown St. Thomas. Recently Updated Mixed use Commercial Building with 7 Residential Units ( 6 One Bedroom Units + 1 Bachelor )and One Commercial Unit. Gross Yearly Income of $116,280.00. Current NET Income shows an approximate 7.4% return on asking price. Each Unit has its own Hydro meter and all Tenants pay their own Heat & Hydro. Building has Secure Entry, Fire Alarm System and Panel, Security Cameras and Emergency Exits. Recent Updates Include Renovations and Upgrades to Units 1,2,3,4,5 and 7. Exterior Front/Side/Rear Wall Elevations Renovated along with Exterior Windows ( 3 Years ago ), Interior Hallways Renovated with all Vinyl Flooring and LED Sensor Lighting ( 2 Years ago ). Owned Hot Water Heaters ( 2 Years ago ). Easy Access to London and Highway 401 as well as Port Stanley's Beaches. Walking distance to Convenient Shopping including Grocery Stores, Service Centres, Boutiques and more.

Details

Type
Commercial Retail
Lot
22.75 × 122 ft
Garage
None
Property tax
$6,631 (2026)
Neighbourhood
St. Thomas
Municipality
St. Thomas

Heating, cooling and services

Heating
Baseboard
Water and sewer
Sanitary
Utilities
Yes

Building and exterior

Building area
0 Acres

More

Possession
IMMEDIATE
Cross street
TALBOT STREET AND ST. GEORGE STREET
Business type
Retail Store Related

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 Walkable

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

Within a 10-minute walk: 1 grocery store, 13 cafés and restaurants, 4 parks, 3 pharmacies. Nearest grocery: Foodland (250 m). Nearest park: Athletic Park (600 m).

Schools nearby

Elementary

  • June Rose Callwood Public School
    EQAO: Gr 6 reading 74%, math 18%
    1.9 km
  • Pierre Elliott Trudeau French Immersion Public School
    EQAO: Gr 6 reading 100%, math 66%
    2.0 km
  • Monsignor Morrison Catholic School Catholic
    EQAO: Gr 6 reading 75%, math 30%
    2.2 km
  • Lockes Public School
    EQAO: Gr 6 reading 78%, math 37%
    2.3 km

Secondary

  • Arthur Voaden Secondary School
    EQAO: Gr 9 math 27%, literacy test 48%
    16 min walk
  • Balaclava Street Adult Learning Centre1.4 km
  • Central Elgin Collegiate Institute
    EQAO: Gr 9 math 50%, literacy test 79%
    2.5 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 N5P

Owners / renters
68% / 32%
Median household income
$77,500
Average age
42
Children under 15
17%
Homes
69% detached, 6% high-rise
Commute by transit
0%
Population
21,081

Languages spoken most at home besides English: Polish 0.2%, Vietnamese 0.2%, Spanish 0.2%, Gujarati 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: 23 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 ROYAL LEPAGE TRILAND REALTY.

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