Sold for:Sold Sep 8, 2026
$625,000

4 West Pearl Street

St. Thomas, ON N5P 2N8

Vacant Land SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 4 West Pearl Street, St. Thomas

2026-06-25
2026-09-08
Sold
Price
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MLS#
x13489176

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 4 West Pearl Street, St. Thomas

Summarized Description

  • Rare development opportunity in St.
  • Thomas.
  • Vacant site ready for construction.
  • Rezoned for 23-unit residential building.
  • All architectural and site plans approved.
  • Avoid lengthy entitlement process.
  • Strong housing demand in the area.
  • Ideal for developers and investors.
  • Fast-track your next project.

Development Opportunity: Opportunity knocks at 4 West Pearl Street in St. Thomas. This vacant development site offers a rare chance to fast-track your next project with much of the heavy lifting already completed. The property has been rezoned to permit a three-storey, 23-unit residential building, with the key planning and design work already in place. Architectural drawings, mechanical and electrical plans, site plans, and required approvals have been completed, stamped and approved. Avoid the lengthy and costly entitlement process and move directly toward construction. With strong housing demand and continued growth in St. Thomas, this is an exceptional opportunity for developers, builders, and investors seeking a ready-to-go multi-residential project.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,334
Land Transfer Tax Fee
$8,975

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Vacant Land

Construction

Special Designation
Unknown

Lot

Lot Front
163.75 ft
Lot Depth
199.67 ft

Parking & Garages

Garage Spaces
0

Heating & Cooling

Natural Gas
Available
Hydro
Available
Cable
Available
Telephone
Available

Municipality
St. Thomas
Neighbourhood
St. Thomas
Main cross streets
Elysian and West Pearl
Zoning
R4
Directions
From Talbot, north on Pearl
Waterfront
None

MLS® number
X13489176
Data source
Toronto Regional Real Estate Board
Status change
2026-09-08
Listed on
2026-06-25
Days on market
75 days
Possession type
Flexible
Co-op commission
2% plus HST (see schedule B)
Seller
Listed by
ELGIN REALTY LIMITED

Home Market Value

Current home valuation for 4 West Pearl Street, St. Thomas, St. Thomas, ON. Listed for $625,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 4 West Pearl Street, St. Thomas

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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St. Thomas, ON
Minimum Down Payment Required:6.0%

5% on first $500K + 10% on $125,000 over $500K

Minimum down payment

$37,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
$23,500$17,438$14,875$0
=Total mortgage
$611,000$579,938$546,125$500,000
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$2,983monthly$2,832monthly$2,666monthly$2,441monthly
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Land Transfer Tax

Provincial

$8,975

Total Land Transfer Tax

$8,975

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