40 Barnes Street

St. Thomas, St. Thomas, N5R 2V5

$599,900

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  • 4+1 bedrooms
  • 3 bathrooms
  • 5 parking
  • 1100-1500 sq ft

Listed 104 days ago · MLS® X13536296

About this home

INVESTMENT OPPORTUNITY AWAITS - This turnkey Duplex with a legal basement apartment is located on a large 70' wide lot on a quiet street in the heart of St Thomas and close to all amenities. MAIN FLOOR UNIT - Accessed through the side door, this unit features 2 Bedrooms, Livingroom, Kitchen with Refrigerator and Stove included, and 4 Piece Bath - Currently vacant but lease potential of $1,800 per month Plus 1/2 Hydro. UPPER UNIT - Accessed through the front door, this unit features 2 Bedrooms, Livingroom, Kitchen with Refrigerator and Stove included and a 3 piece Bath - Currently leased at $1,550 per month on a month - month basis plus hydro. BASEMENT UNIT - Access is through the rear door and features 1 Bedroom with a fire coded egress window, Livingroom, Kitchen with Refrigerator and Stove included, and a 3 Piece Bath - Currently rented at $1,050 per month + 1/2 hydro. UTILITIES - Landlord pays for Enbridge gas heat and common hydro usage, 3 electrical meters - one for upper, one for main and basement and 1 for common area and the 3 Hot water tanks are owned. OUTSIDE - The double wide paved drive is large enough to handle 3-4 vehicles with access to the Garage for storage of lawn equipment. LAUNDRY - A condensing Washer and Dryer unit is located in each unit for use by the tenants. SAFETY - Smoke and CO Detectors on all 3 levels are linked to provide added safety. INCOME AND EXPENSES - Based on 2025 costs - Insurance $2,787.92, Enbridge Gas $1,079.36, Property Taxes $2,738.00, Entegrus hydro/water/sewer $1,152 offering a 7.5% CAP Rate. ADDITIONAL RESIDENTIAL UNITS - Explore adding Additional Residential Units in the rear / side yard or possibly severing the side yard to increase the investment potential of this property. NEXT STEPS - With the explosive growth happening in St Thomas, don't wait to schedule an appointment today to checkout your next invest opportunity

Details

Type
Duplex
Style
2-Storey
Age
100+ years
Size
1100-1500 sq ft
Lot
70.79 × 101.27 ft
Basement
Full
Garage
Detached
Kitchens
3
Property tax
$2,738 (2025)
Neighbourhood
St. Thomas
Municipality
St. Thomas

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
1 × 4-piece (main), 1 × 3-piece (second), 1 × 4-piece (basement)
Rooms
15 above ground
Family room or den
No
Fireplace
No
Features
Water Heater Owned

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding
Roof
Fibreglass Shingle
Foundation
Concrete, Concrete Block
Age
100+
Faces
South

Parking

Garage spaces
1
Total parking
5
Driveway and parking
Private

Lot

Size
70.79 × 101.27 ft (irregular)

More

Possession
FLEXIBLE
Nearby
Park
Cross street
ROSS STREET

Rooms

RoomLevelSizeFeatures
Living RoomMain3.46 × 4.45 m (11'4" × 14'7")
KitchenMain4.09 × 3.27 m (13'5" × 10'9")
BedroomMain3.83 × 3.8 m (12'7" × 12'6")
BedroomMain3.67 × 2.18 m (12' × 7'2")
BathroomMain2.31 × 1.93 m (7'7" × 6'4")
Living RoomBasement5.22 × 2.82 m (17'2" × 9'3")
KitchenBasement5.22 × 2.82 m (17'2" × 9'3")
BedroomBasement3.83 × 2.83 m (12'7" × 9'3")
LaundryBasement4.07 × 2.58 m (13'4" × 8'6")
BathroomBasement4.45 × 2.43 m (14'7" × 8')
Living RoomSecond3.46 × 4.45 m (11'4" × 14'7")
KitchenSecond3.67 × 2.18 m (12' × 7'2")
BedroomSecond2.1 × 3.5 m (6'11" × 11'6")
BedroomSecond1.93 × 2.31 m (6'4" × 7'7")
BathroomSecond1.5 × 2 m (4'11" × 6'7")

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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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, 4 parks, 3 pharmacies. Nearest grocery: Bulk Barn (300 m). Nearest park: Jonas Park (150 m).

Schools nearby

Elementary

  • Pierre Elliott Trudeau French Immersion Public School
    EQAO: Gr 6 reading 100%, math 66%
    15 min walk
  • Forest Park Public School
    EQAO: Gr 6 reading 64%, math 39%
    1.3 km
  • June Rose Callwood Public School
    EQAO: Gr 6 reading 74%, math 18%
    1.3 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%
    8 min walk
  • Balaclava Street Adult Learning Centre9 min walk
  • Central Elgin Collegiate Institute
    EQAO: Gr 9 math 50%, literacy test 79%
    1.3 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 COLDWELL BANKER STAR REAL ESTATE.

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

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