50 FAIRVIEW Avenue, St. Thomas, ON N5R 4X6
St. Thomas · Near ELM ST / FAIRVIEW AVE · View map
About this home
A rare opportunity to acquire a fully legal and vacant 4-plex in the growing city of St. Thomas, allowing the new owner to establish market rents from day one. This updated building offers an attractive unit mix: one 4 bedroom unit, two 3 bedroom units, and one 2 bedroom unit. Major improvements over the past 10 years include updated kitchens, modernized electrical with 100 amp service per unit, interior and exterior waterproofing, an updated roof with 50 year shingles, updated windows, refinished floors, fresh paint, updated exterior doors, and renovated bathrooms in three of the units. Additional features include basement storage, owned water heaters, municipal sewer connection, and in-unit laundry potential. Set on a large 0.59 acre lot, the property also offers underutilized land with possible future development, subject to approvals. Located minutes from parks, schools, shopping, downtown St. Thomas, London, and Hwy 401. St. Thomas continues to grow as a Southwestern Ontario investment market, supported by major regional employers including Volkswagen/PowerCo, Amazon, and Magna/Formet, along with ongoing downtown revitalization and long-term housing demand. With vacant possession, a legal 4-plex configuration, extensive updates, and future upside, 50 Fairview is a compelling turnkey investment opportunity.
The home
- Type
- Fourplex
- Style
- 2-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 12
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 28
- Basement
- Full, Unfinished
- Lot size
- 55.6 x 249.2 ft
- Faces
- East
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air, Wall Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 10
- Total parking
- 10
Taxes & other
- Property taxes
- $5,166/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- ELM ST / FAIRVIEW AVE
- Neighbourhood
- St. Thomas
More
- Price per sq ft
- ~$212 (at 4,250 sq ft)
- MLS® number
- X13490074
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The home and its surroundings
- Park
- Place Of Worship
- Rec./Commun.Centre
- School
- Public Transit
- 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.
50 FAIRVIEW Avenue, St. Thomas, ON N5R 4X6
St. Thomas · Near ELM ST / FAIRVIEW AVE
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Listing history for 50 FAIRVIEW Avenue
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 50 FAIRVIEW Avenue
Answers come straight from this home’s MLS® listing.
How much is 50 FAIRVIEW Avenue listed for, and what would it cost each month?
50 FAIRVIEW Avenue is listed for $899,900. With 20% down ($179,980), the mortgage payment would be roughly $3,630 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,060 a month, all in. That figure is an illustration, not a quote.
Is 50 FAIRVIEW Avenue freehold or a condo, and is there a monthly fee?
50 FAIRVIEW Avenue is a fourplex 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 50 FAIRVIEW Avenue have?
50 FAIRVIEW Avenue has 12 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 50 FAIRVIEW Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
Does 50 FAIRVIEW Avenue have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 50 FAIRVIEW Avenue?
50 FAIRVIEW Avenue is a fourplex. 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 50 FAIRVIEW Avenue, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 55.6 x 249.2 ft.
How is 50 FAIRVIEW Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air, wall unit(s).
What are the property taxes for 50 FAIRVIEW Avenue?
Property taxes are $5,166 a year (2025), or about $431 a month.
Where is 50 FAIRVIEW Avenue?
50 FAIRVIEW Avenue is in St. Thomas. The nearest main intersection is ELM ST / FAIRVIEW AVE. The postal code is N5R 4X6.
Is 50 FAIRVIEW Avenue still for sale?
Yes. It is an active listing (MLS® X13490074). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 50 FAIRVIEW Avenue asking?
Similar properties for sale nearby right now include 20 Tecumseh Street at $889,000 (8 bed), 82 WELLINGTON Street at $699,900 (7 bed) and 7 Church Street at $699,000 (6 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 50 FAIRVIEW Avenue 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 50 FAIRVIEW Avenue?
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.
Fourplex$889,00020 Tecumseh Street, St. Thomas8 bed · 4 bath · St. ThomasCourtesy of: ELGIN REALTY LIMITEDView home →
Fourplex$699,90082 WELLINGTON Street, St. Thomas7 bed · 4 bath · St. ThomasCourtesy of: RIGHT AT HOME REALTYView home →
Fourplex$699,0007 Church Street, St. Thomas6 bed · 4 bath · St. ThomasCourtesy of: BLUE FOREST REALTY INC.View home →Courtesy of: ROYAL LEPAGE TRILAND REALTY
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.