94 Chestnut Street

St. Thomas · MLS® X13030962

Land · Vacant Land · 185 days on market

listed by ANGELA DEVRIES, ELGIN REALTY LIMITED

realtor's description

Prime development opportunity in St. Thomas with R3 zoning, allowing for a range of multi-unit residential uses. This vacant parcel offers excellent potential for builders and investors looking to develop in a growing community with increasing rental demand. This centrally located lot is ideal for multi-family, multi-unit dwellings with additional dwelling units. A rare chance to secure land with flexible zoning in the heart of the city.

property details

type: Land, Vacant Land
parking: 0
days on market: 185
MLS®: X13030962

monthly cost

$1,416/mo

Mortgage $1,416

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,416/ monthly

loan $260,000

25-year amortization

down payment20% · $65,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $164,798
cash to close: $65,000; down payment; transfer tax and fees not included
total paid: $424,798

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.