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53 Gladstone Avenue, St. Thomas, ON, N5R 2L7

MLS® # 40582850
Investment For Sale In St. Thomas, Ontario
$724,900
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
53 Gladstone Avenue, St. Thomas, ON
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53 Gladstone Avenue, St. Thomas, ON, N5R 2L7
$724,900

Property Information:

Introducing a prime investment opportunity in the vibrant Court House District of St. Thomas, Ontario! Nestled on the desirable 53 Gladstone Avenue, this fourplex presents a lucrative prospect for savvy investors. Boasting four well-appointed 1-bedroom units, this property commands an impressive annual revenue of $67,000, making it a lucrative addition to any portfolio. What's more, with a current offering at a remarkable 7% capitalization rate, the potential for solid returns is undeniable. Recently renovated to the tune of $150,000, this turnkey property exudes quality and modernity, ensuring a hassle-free ownership experience. Each unit is meticulously maintained, attracting A+ tenants who not only pay rent promptly but also take great care of the premises, providing peace of mind for discerning investors. Beyond its inherent value, investing in 53 Gladstone Avenue means tapping into the promising trajectory of St. Thomas. With the city witnessing significant investments from renowned multinational corporations like Amazon and Volkswagen, the long-term prospects for growth and appreciation are compelling. *Interior photos are from 2022 when the renovations completed*Don't miss out on this strategic portfolio piece that promises not only immediate returns but also the potential for substantial appreciation in the thriving St. Thomas market. Schedule a viewing today and secure your stake in this lucrative opportunity!

Inclusions: Carbon Monoxide Detector,4 Stoves, 4 Fridges, 3 Washers, 3 Dryers

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 1830 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Front Yard Parking, Outside/Surface/Open
  • Floor Space (approx): 1830 Square Feet
  • Heating: Forced Air
  • Interior Features: Accessory Apartment
  • Laundry Features: In-Suite
  • Lot Depth: 53 Feet
  • Lot Features: Library, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Quiet Area, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 66.00 Feet
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: BLUE FOREST REALTY INC.

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 53 Gladstone Avenue, St. Thomas, ON, N5R 2L7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

29 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

29 hot days expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 53 Gladstone Avenue , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.8℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

13 storms expected in 2050

61/100

ClimateCheck®

Current data

This property, 53 Gladstone Avenue , experiences 11 significant 2-day storms per year, with about 325.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 401.8mm of precipitation per year.

Precipitation Per Storm

Past
325.7mm
2050
401.8mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 53 Gladstone Avenue, St. Thomas, ON, N5R 2L7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,980.96

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.18 %

High school certificate or equivalent

33.4 %

Apprenticeship trade certificate/diploma

5.14 %

College/non-university certificate

28.16 %

University certificate (below bachelor)

0.22 %

University Degree

15.89 %

Commuter

Travel To Work

By Car

94.43 %

By Public Transit

0.0 %

By Walking

3.08 %

By Bicycle

0.0 %

By Other Methods

2.49 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.2 %

Houses

74.8 %

Own Vs. Rent