23 Barnes Street, St. Thomas, ON N5R 2V4
St. Thomas · Near WELLINGTON AND PRINCESS · View map
About this home
An exceptional opportunity to own a well-maintained and extensively updated triplex offering strong income potential and long-term investment stability. This property features three self-contained 1-bedroom units, private outdoor spaces, and numerous capital improvements throughout. Unit 1 - (Main Floor) Front Bright and inviting 1-bedroom unit featuring a covered front porch. Long-term month-to-month tenant currently paying $698/month + hydro. Unit 2 - (Upper Unit) 1-bedroom unit with a private balcony. Currently leased at $1,035.32/month + hydro. Unit 3 - (Main Floor Back) Fully renovated in 2023 with a modern open-concept layout, this stylish 1-bedroom unit includes a covered porch and large private rear deck. Currently leased at $1500. Additional income is generated through a coin-operated washer and dryer installed in 2021, averaging approximately $800-$1,000 annually. Recent Updates Include: Shingles (2019), Main porch railing (2020), Front door with keyless entry (2020), Most windows replaced, Main floor front unit renovation (2020), including flooring, paint, trim, and bathroom updates, Upper unit flooring updates (2021), New furnace with dual heat control (November 2021), Owned water heaters. This property also offers two driveways with parking for three vehicles. Covered porches and private outdoor areas enhancing tenant appeal and overall value. A turnkey addition to any investment portfolio with reliable rental income, quality tenants, and significant recent improvements.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 8
- Basement
- Separate Entrance
- Lot size
- 58.5 x 83.5 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air, Wall Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $2,394/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- 30 DAYS AFTER CLOSING
- Cross street
- WELLINGTON AND PRINCESS
- Neighbourhood
- St. Thomas
More
- Price per sq ft
- ~$286 (at 1,750 sq ft)
- MLS® number
- X13109596
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The home and its surroundings
- Water Heater Owned
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
23 Barnes Street, St. Thomas, ON N5R 2V4
St. Thomas · Near WELLINGTON AND PRINCESS
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Listing history for 23 Barnes Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 23 Barnes Street
Answers come straight from this home’s MLS® listing.
How much is 23 Barnes Street listed for, and what would it cost each month?
23 Barnes Street is listed for $499,999. With 20% down ($100,000), the mortgage payment would be roughly $2,017 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,216 a month, all in. That figure is an illustration, not a quote.
Is 23 Barnes Street freehold or a condo, and is there a monthly fee?
23 Barnes Street is a triplex in St. Thomas. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 23 Barnes Street have?
23 Barnes Street has 3 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 23 Barnes Street have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 23 Barnes Street have a finished basement?
The listing describes the basement as separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 23 Barnes Street?
23 Barnes Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 23 Barnes Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 58.5 x 83.5 ft.
How is 23 Barnes Street heated and cooled?
Heating is forced air (gas). Cooling is central air, wall unit(s).
What are the property taxes for 23 Barnes Street?
Property taxes are $2,394 a year (2025), or about $200 a month.
Where is 23 Barnes Street?
23 Barnes Street is in St. Thomas. The nearest main intersection is WELLINGTON AND PRINCESS. The postal code is N5R 2V4.
Is 23 Barnes Street still for sale?
Yes. It is an active listing (MLS® X13109596). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 23 Barnes Street asking?
Similar properties for sale nearby right now include 40 Barnes Street at $599,900 (4+1 bed), 24 HINCKS Street at $649,900 (3 bed) and 31 Myrtle Street at $549,900 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 23 Barnes Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 23 Barnes Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near St. Thomas, picked by style, size and price.
Duplex$599,90040 Barnes Street, St. Thomas4+1 bed · 3 bath · St. ThomasCourtesy of: COLDWELL BANKER STAR REAL ESTATEView home →
Triplex$649,90024 HINCKS Street, St. Thomas3 bed · 4 bath · St. ThomasCourtesy of: RIGHT AT HOME REALTYView home →
Duplex$549,90031 Myrtle Street, St. Thomas4 bed · 3 bath · St. ThomasCourtesy of: REAL BROKER ONTARIO LTDView home →Courtesy of: BLUE FOREST REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.