40 Barnes Street
St. Thomas, St. Thomas, N5R 2V5
$599,900
- 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
| Room | Level | Size | Features |
|---|---|---|---|
| Living Room | Main | 3.46 × 4.45 m (11'4" × 14'7") | |
| Kitchen | Main | 4.09 × 3.27 m (13'5" × 10'9") | |
| Bedroom | Main | 3.83 × 3.8 m (12'7" × 12'6") | |
| Bedroom | Main | 3.67 × 2.18 m (12' × 7'2") | |
| Bathroom | Main | 2.31 × 1.93 m (7'7" × 6'4") | |
| Living Room | Basement | 5.22 × 2.82 m (17'2" × 9'3") | |
| Kitchen | Basement | 5.22 × 2.82 m (17'2" × 9'3") | |
| Bedroom | Basement | 3.83 × 2.83 m (12'7" × 9'3") | |
| Laundry | Basement | 4.07 × 2.58 m (13'4" × 8'6") | |
| Bathroom | Basement | 4.45 × 2.43 m (14'7" × 8') | |
| Living Room | Second | 3.46 × 4.45 m (11'4" × 14'7") | |
| Kitchen | Second | 3.67 × 2.18 m (12' × 7'2") | |
| Bedroom | Second | 2.1 × 3.5 m (6'11" × 11'6") | |
| Bedroom | Second | 1.93 × 2.31 m (6'4" × 7'7") | |
| Bathroom | Second | 1.5 × 2 m (4'11" × 6'7") |
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, 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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