Multiplex · For sale

221 Highview Drive, St. Thomas

$1,700,000

Listing brokerage: ROYAL LEPAGE TRILAND REALTY · MLS® X12544280

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage

ROYAL LEPAGE TRILAND REALTY

Type

Multiplex

Deal

For sale

Category

Residential · Multi-unit homes

Bedrooms

12

Bathrooms

6

Size

5000 + sq ft

Lot

87.47 x 115.82 ft

MLS® number

X12544280

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.

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