Listed by Elgin Realty Limited.

35-37 Kains Street is a Fourplex, 2-Storey and is currently for Sale @ $429,900. Taxes in 2025 were $3,341.00.

More homes for sale under 400k in St. Thomas

An exceptional opportunity to acquire a solid, income-producing fourplex offering both stability and upside potential. The 2-Storey on 35-37 Kains Street has 5 bedrooms, 4 bathrooms, and is located on a 68.65 x 53.25 ft lot in the community of St. Thomas . Three of the four units are occupied by long-term tenants, providing consistent rental income and low turnover. The remaining 2 bedroom unit has been newly updated and is currently vacant-ideal for an owner-occupant or the seller will guarantee market rent of approximately $1,600 until the end of September. The property features four separate hydro metres, a brand new boiler installed in 2024, and is in a great central location close to schools, shopping, and all of your amenities. The potential income with property fully tenanted is just under $40,000 with an estimated cap rate of 6.76%. Don't miss out on this excellent investment opportunity in the heart of St. Thomas. Book you private showing today!

Four refrigerators and four stoves, Carbon Monoxide Detector, Smoke Detector

The address 35-37 Kains Street was listed for sale (MLS# X13109744) on Monday, May 11, 2026.