Sold for:Sold 24 days ago
$648,900

40-42 Locust Street

St. Thomas, ON N5R 2C1

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 40-42 Locust Street, St. Thomas

2026-08-17
2026-09-28
Sold
Price
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MLS#
x13688240

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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 40-42 Locust Street, St. Thomas

Summarized Description

  • Well-maintained two storey duplex in St Thomas.
  • Two self-contained units for rental income.
  • Spacious living rooms with patio doors.
  • Fenced backyard for privacy and outdoor space.
  • In-unit laundry in both units.
  • Efficient heating system for comfort.
  • Investment opportunity for buyers and investors.
  • Convenient storage shed for both units.

Welcome to 40-42 Locust Street, located on the South side of the City of St Thomas. This well-maintained, two storey, purpose-built all brick duplex offers an excellent opportunity for an investor, extended family, or owner occupier looking for additional income. Unit 40, located on the left Is the main floor unit, offers a spacious living room with patio doors opening onto a welcoming front porch. The eat-in kitchen includes a fridge, stove, and dishwasher. The generously sized primary bedroom features patio doors leading to a concrete rear porch and beautifully fenced-in yard. A second bedroom, 4pc bathroom, and convenient in-unit laundry complete the unit. Efficient hot-water boiler heating with in-floor heating provides comfort and warmth throughout. Unit 42, the upper unit, offers a similar spacious layout with a bright living room and patio doors leading to a front deck. The eat-in kitchen includes a fridge, stove, and dishwasher. A generously-sized primary bedroom, second bedroom, 4pc bathroom, a convenient second-floor laundry provide comfortable and practical living. The same efficient hot-water boiler system with in-floor provides warmth and helps keep operating costs manageable. Both units share access to a large fully fenced backyard, providing excellent outdoor space and privacy. A shared storage shed offers additional convenient storage for both units. Offering two self-contained units and an attractive opportunity for investors or buyers to live in one unit while generating rental income.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,771
Land Transfer Tax Fee
$9,453

Basement Type
None

Interior Features

Interior Extras
Floor Drain, On Demand Water Heater, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
Other Structures
Shed

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
6-15

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete, Concrete Block, Slab
Special Designation
Unknown

Lot

Lot Front
51.85 ft
Lot Depth
122.68 ft
Lot Size
6350.7

Inclusions

Inclusions
2 fridges, 2 stoves, 2 dishwashers, 2 washers, 2 dryers

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 2
Washrooms
2
Kitchens
2

Room sizes

  • Foyer—
    Main level
  • Bedroom—
    Second level
  • Kitchen—
    Second level, Eat-in Kitchen
  • Laundry—
    Main level
  • Living Room—
    Main level
  • Primary Bedroom—
    Main level
  • Laundry—
    Second level
  • Bedroom—
    Main level
  • Living Room—
    Second level
  • Kitchen—
    Main level, Eat-in Kitchen
  • Foyer—
    Second level
  • Primary Bedroom—
    Second level

Washrooms

  • 4-piece, Ground
  • 4-piece, Upper

Municipality
St. Thomas
Neighbourhood
St. Thomas
Main cross streets
Fifth Ave
Zoning
R3
Directions
South on Fifth Ave turn West on Locust

MLS® number
X13688240
Data source
Toronto Regional Real Estate Board
Status change
2026-09-28
Listed on
2026-08-17
Days on market
42 days
Possession date
2027-01-04
Possession type
90+ days
Co-op commission
2% + HST
Seller
Listed by
CENTURY 21 FIRST CANADIAN CORP

Home Market Value

Current home valuation for 40-42 Locust Street, St. Thomas, St. Thomas, ON. Listed for $648,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 40-42 Locust Street, St. Thomas

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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St. Thomas, ON
Minimum Down Payment Required:6.1%

5% on first $500K + 10% on $148,900 over $500K

Minimum down payment

$39,890

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
$24,347$18,104$15,444$0
=Total mortgage
$633,015$602,114$567,009$519,120
Amortization
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%
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Payment frequency
=Mortgage payment
$3,091monthly$2,940monthly$2,768monthly$2,535monthly
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Land Transfer Tax

Provincial

$9,453

Total Land Transfer Tax

$9,453

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