For Sale

221 Highview Drive, St. Thomas, Ontario N5R 5H6

$1,700,000

221 Highview Drive, St. Thomas, Ontario N5R 5H6 is For Sale and has a listing price of 1,700,000. The property is located in the St. Thomas neighbourhood . It's been on the website for 58 Days.

  • Multiplex
    Property Type
  • 12
    Bedrooms
  • 6
    Bathrooms
  • Parking
  • MLS ID: X12544280
  • Office Name ROYAL LEPAGE TRILAND REALTY
Property Description

A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12544280
  • Price: $1,700,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 115.82
  • Ref ID: X12544280
  • Approx Sqft: 5000 +
  • Dir / Cross St: WELLINGTON STREET
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 16-30
  • Property Type: Multiplex
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
11/14/2025 X12544280 $1,700,000 For Sale - -
06/03/2025 X12193305 $1,800,000 Cancelled 11/13/2025 -
03/10/2025 X12010203 $1,900,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Thomas
  • $662,671 Average List Price
    based on 1 year
  • 115 New Listings
    based on 30 days
  • 55 Median Days on Market
    based on 1 year
  • List vs. Selling Price 74.27 % Up
  • Sold (12mo) 655
  • Rented (12mo) 73

  • 1 Month Change +10.3%
  • 3 Month Change -21.3%
  • 6 Month Change -11.8%
Walkscore
Property Type Distribution
  • All Houses
    86.38%
  • Commercial
    8.49%
  • Condo
    5.09%
  • Land for Sale
    0.04%
Additional Details
  • Heat Type Baseboard
  • Heat Source Electric
  • Style 2 1/2 Storey
  • Washroom Type1: 6
  • Garage Type Y
  • Parking Spaces: 7
  • Exterior Brick
  • Kitchen 6
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: $8,935
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: IMMEDIATE
  • Listing Entry Date: 14/11/2025 14:14:34
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