23 Barnes St is a 3-bedroom, 3-bathroom triplex in St. Thomas, listed for $499,999. It has 1500-2000 sq ft of living space.
1An exceptional opportunity to own a well-maintained and extensively updated triplex offering strong income potential and long-term investment stability.
2Unit 2 - (Upper Unit) 1-bedroom unit with a private balcony.
3Unit 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.
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.
3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $333 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 23 Barnes St
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spaces
Basement
Separate Entrance
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Separate Entrance
Lot & land
Lot size (sqft)
4983
Listing & possession
Property style
2-Storey
Property class
Triplex
23 Barnes St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13109596$499,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 23 Barnes St Compares to the St. Thomas Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,456
/mo
based on the purchase price of $499,999
$100,000 cash
$399,999 financed
$336,904 total interest
Principal54%$399,999
Interest46%$336,904
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 23 Barnes St
Homes for sale in St. Thomas
Every active St. Thomas MLS® listing, updated all day.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings255Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 239 sales from Jul 24 – Oct 22, 2026 (163 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 23 Barnes St
How much is 23 Barnes St listed for?
23 Barnes St is listed at $499,999 (MLS® X13109596). Summitly updates the price as soon as the MLS® record changes.
Is $499,999 a good price for 23 Barnes St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in St. Thomas. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 23 Barnes St changed?
No — 23 Barnes St is still listed at its original asking price of $499,999.
How many bedrooms and bathrooms does 23 Barnes St have?
23 Barnes St has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a triplex in St. Thomas.
How much would the monthly mortgage be on 23 Barnes St?
About $2,456 a month — principal and interest on $499,999 with 20% down ($100,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 23 Barnes St compare with other homes in St. Thomas?
Its asking price of $499,999 is about 5% below the median sold price in St. Thomas over the last 90 days, $525,000, across 239 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 23 Barnes St been sold before?
Summitly has no earlier MLS® sale or lease of 23 Barnes St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 23 Barnes St?
23 Barnes St is in St. Thomas, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 23 Barnes St been on the market?
164 days — 23 Barnes St was listed on May 11, 2026.
What is the price per square foot of 23 Barnes St?
About $250 to $333 per square foot: the asking price of $499,999 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 23 Barnes St have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 23 Barnes St have a basement, and is it finished?
The listing describes the basement as: Separate Entrance.
