35-37 Kains Street
St. Thomas, ON N5P 1N1
- 5Bedrooms
- 4Bathrooms
- 2Parking
- 2500–3000Sq Ft
- $3,341Tax
- 53×69 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 35-37 Kains Street, St. Thomas
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-11 | 2026-07-31 | Login to See Prices | Expired | x13109744 |
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About 35-37 Kains Street, St. Thomas
Summarized Description
- Income-producing fourplex with stability and upside potential.
- Three units occupied by long-term tenants.
- Newly updated vacant 2 bedroom unit available.
- Brand new boiler installed in 2024.
- Central location near schools and shopping.
- Market rent guarantee of $1,600 until September.
- Estimated income under $40,000 when fully tenanted.
- Cap rate of 6.76% indicates strong investment potential.
An exceptional opportunity to acquire a solid, income-producing fourplex offering both stability and upside potential. Three of the four units are occupied by long-term tenants, providing consistent rental income and low turnover. The remaining 2 bedroom unit has been newly updated and is currently vacant-ideal for an owner-occupant or the seller will guarantee market rent of approximately $1,600 until the end of September. The property features four separate hydro metres, a brand new boiler installed in 2024, and is in a great central location close to schools, shopping, and all of your amenities. The potential income with property fully tenanted is just under $40,000 with an estimated cap rate of 6.76%. Don't miss out on this excellent investment opportunity in the heart of St. Thomas. Book you private showing today!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,341
- Land Transfer Tax Fee
- $5,073
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch, Privacy
- Pool
- None
- Property Features
- Public Transit, Place Of Worship, School, Library, Park
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 53.25 ft
- Lot Depth
- 68.65 ft
- Lot Size
- 0.08
Inclusions
- Inclusions
- Four refrigerators and four stoves, Carbon Monoxide Detector, Smoke Detector
Exclusions
- Exclusions
- Tenant's belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Baseboard
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 4-piece, Second
- 4-piece, Main
- 4-piece, Main
- 4-piece, Main
- Municipality
- St. Thomas
- Neighbourhood
- St. Thomas
- Main cross streets
- Flora Street
- Zoning
- R3
- Directions
- turn onto Kains Street, property is on the corner of Flora and Kains
- MLS® number
- X13109744
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-31
- Listed on
- 2026-05-11
- Days on market
- 81 days
- Possession date
- 2026-05-30
- Possession type
- Flexible
- Co-op commission
- 2% plus hst
- Seller
- Listed by
- ELGIN REALTY LIMITED
Home Market Value
Current home valuation for 35-37 Kains Street, St. Thomas, St. Thomas, ON. Listed for $429,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 35-37 Kains Street, St. Thomas
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$21,495
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,336 | $11,994 | $10,232 | $0 |
=Total mortgage | $424,741 | $398,904 | $375,647 | $343,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,074monthly | $1,948monthly | $1,834monthly | $1,679monthly |
Land Transfer Tax
$5,073
$5,073
Around this home
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