Sold for:Sold Feb 9, 2026
$629,000

47 Forest Avenue

St. Thomas, ON N5R 2J1

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

Sell with HOMEH

HOMEH One: full-service selling for a 1% listing fee. The buyer's agent commission is separate.

Free Home EvaluationHow Much Is My Home Worth?Homes for Sale Nearby

Sale & Price History for 47 Forest Avenue, St. Thomas

2026-01-12
2026-02-09
Sold
Price
Login to See Prices
MLS#
x12688398

Real estate boards require you to or to see the full details of this property.

*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 47 Forest Avenue, St. Thomas

Summarized Description

  • Well-maintained legal triplex with three 2-bedroom units.
  • Each unit has a private separate entrance.
  • Consistently upgraded with pride of ownership.
  • Generates strong income of $4,343 per month.
  • Includes revenue from coin-operated laundry.
  • Six on-site parking spaces available for tenants.
  • Recent upgrades include new wiring and insulation.
  • Ideal for investors or owner-occupiers seeking turnkey property.

Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants.Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line.An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,184
Land Transfer Tax Fee
$9,055

Basement Type
Unfinished

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
52.79 ft
Lot Depth
120.00 ft

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece, Main
  • 4-piece, Main
  • 4-piece, Second

Municipality
St. Thomas
Neighbourhood
St. Thomas
Main cross streets
Smith Ave to Forest Ave
Zoning
R3
Directions
Smith Ave to Forest Ave

MLS® number
X12688398
Data source
Toronto Regional Real Estate Board
Status change
2026-02-09
Listed on
2026-01-12
Days on market
28 days
Possession date
2026-04-01
Possession type
30-59 days
Co-op commission
2
Seller
Listed by
BLUE FOREST REALTY INC.

Home Market Value

Current home valuation for 47 Forest Avenue, St. Thomas, St. Thomas, ON. Listed for $629,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 47 Forest Avenue, St. Thomas

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

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

For the owner

Is this your home? Track its value.

Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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

5% on first $500K + 10% on $129,000 over $500K

Minimum down payment

$37,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$23,625$17,549$14,970$0
=Total mortgage
$614,256$583,649$549,620$503,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,999monthly$2,850monthly$2,684monthly$2,457monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$9,055

Total Land Transfer Tax

$9,055

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
Loading map...
2.8 /10

Arthur Voaden

Public·secondary·880m

5.6 /10

Central Elgin

Public·secondary·1.1km

2.2 /10

Forest Park

Public·elementary·1.2km

5.6 /10

St. Anne's

Private·elementary·1.4km

3.8 /10

Elgin Court

Public·elementary·1.5km

3.6 /10

Edward Street

Public·elementary·1.6km

4.7 /10

John Wise

Public·elementary·1.6km

6.1 /10

Parkside

Public·secondary·2.0km

5.8 /10

Lockes

Public·elementary·2.4km

5.1 /10

Monsignor Morrison

Private·elementary·2.4km

6.5 /10

St. Joseph's

Private·secondary·2.6km

6.3 /10

Mitchell Hepburn

Public·elementary·2.7km

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.