121 Forest Avenue, St. Thomas, ON

$549,900
MLS#:X9305296
3 beds
3 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] detached located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $549,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 40 x 112 ft lot size
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Storage
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

High End Rental Property Potential! Multi-residential R3 zoning approved up to 4 units allowed with adherence to city zoning requirements. 10 minute walk to the shopping district. Two-car driveway in front with separate front door entrance. Two more cars in back parking with a second driveway entrance. St Thomas soon to become a hot rental demand market with the Volkswagen factory. Four floors of plumbing making conversion to rental easy! Maybe you move into the spacious main floor with the basement, and you rent the two floors above. A family's dream or a rental investor's dream. The first time this home has been on the market in 49 years. A classic red brick 2 1/2storey with a front porch that spans the entire width of the house. Stunning original wood floors and trim with classic details can be found throughout the house. This beautiful home features 3+1bedrooms, with 2 full and 2 half baths. The large floor plan offers an open kitchen andliving/dining area.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 23, 2024
Sold price information is available to members only
Listed Date9/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size40 × 112 Feet
CountyElgin
Annual Tax$3,244
Legal DescriptionLT 45 PL 203 ST. THOMAS ; ST. THOMAS

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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121 Forest Avenue, St. Thomas, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 121 Forest Avenue, St. Thomas, ON N5R 2J8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$439,920
Monthly Mortgage$2,556
Property Tax (Est.)$270
Utilities & Maint.$350
Total Monthly Cost$3,176

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in St. Thomas.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for St Thomas, St Thomas.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Elgin Court
Public254 First Avenue, St. Thomas, Ontario, N5R 4P5
4.3
St. Anne's
Catholic84 Park Avenue, St. Thomas, Ontario, N5R 4W1
5.5
Forest Park
Public295 Forest Avenue, St. Thomas, Ontario, N5R 2K5
2.6
John Wise
Public100 Parkside Drive, St. Thomas, Ontario, N5R 3T9
4.4
Mitchell Hepburn
Public95 Raven Avenue, St. Thomas, Ontario, N5R 0C2
5.7

Secondary Schools

Central Elgin
Public201 Chestnut Street, St. Thomas, Ontario, N5R 2B5
5.6
Parkside
Public241 Sunset Drive, St. Thomas, Ontario, N5R 3C2
6.1
St. Joseph’s
Catholic100 Bill Martyn Parkway, St. Thomas, Ontario, N5R 6A7
6.5
Arthur Voaden
Public41 Flora Street, St. Thomas, Ontario, N5P 2X5
2.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.