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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 66 daysPrice drop · $100,000 off (-6.8%)

    62 Talbot Street

    St. Thomas·St. Thomas, ON·N5P 1A4·Near Stanley St

    • 12 beds
    St. Thomas real estate›X12858868
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Rare 6-Unit Investment Opportunity in Prime St. Thomas Location.This unique two-storey six-plex offers a rare opportunity for investors, featuring six spacious 2-bedroom units plus a separate bachelor granny flat in the basement, for a potential total of 7 rental units and 7 bathrooms. One of the 2-bedroom units can easily be converted to a 3-bedroom by incorporating the bachelor suite ( granny flat), providing additional income flexibility.Originally built in 1870 and extensively renovated in 2003, the property also includes four modern units added at the rear along with a detached garage. The exterior was professionally stripped and refinished in brick, giving the building a refreshed and durable finish.Interior upgrades include tile flooring throughout, granite countertops, and jetted tubs in six units. Unit 1 features a high-end kitchen with plywood cabinetry and maple doors, while Unit 2 showcases three skylights that flood the space with natural light.Tenants benefit from efficient gas radiant heating with wall-mounted units, along with seven owned water heaters (four recently replaced). On-site coin laundry is available, with machines replaced within the last 3-4 years.Major updates include newer windows and entry doors, plus metal roofs installed within the past seven years on both the main building and detached garage.The property backs onto Elevated Park and across from Jumbo the Elephant, one of the city's most recognized landmarks.Additional highlights include parking for 9 vehicles, with extra overnight parking available across the street. A 600 sq. ft. garage offers four large storage units, with one currently allocated for tenant use.This turnkey investment combines strong income potential, extensive upgrades, and a prime high-visibility location in one of St. Thomas's most recognizable areas.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 24, 2026Price reducedCurrentReduced$1,375,000−$100,000 (6.8%)X12858868This page
    Mar 7, 2026ListedCurrentFor sale$1,475,000 —X12858868This page
    Oct 22, 2025Previously listedExp$1,499,900 —X12476455View
    Sep 12, 2025Previously listedTer$1,550,000 —X12401323View
    Jul 12, 2025Previously listedTer$1,600,000 —X12281644View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Water
      Air conditioning
      Other
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 62 Talbot Street
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,755
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $621
    0.54% mill rate · ON
    The market

    How this home sits in the St. Thomas market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The St. Thomas market right now

    Average sold price, days on market, and closed-transaction count for St. Thomas — sourced from MLS®.

    • Avg sold price
      $553,511
      Last 30 days
    • Median sold price
      $538,242
      Middle of the market
    • Days on market
      49 d
      Avg from list to close
    • Closed last 30d
      165
      MLS® transactions
    Full St. Thomas market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 62 Talbot Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 62 Talbot Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 62 Talbot Street listed for?

      62 Talbot Street is listed at $1,375,000 on the MLS® (listing X12858868). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 62 Talbot Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 7 baths
  2. 3000-3500 sqft
  3. Multiplex
  4. Asking
    $1,375,000
    $0 / sqft · MLS® X12858868
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,217,724
    $1,120,306Confidence range$1,315,142
    Asking vs estimate
    ↑above
    +$157,276
    (+12.9%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 12 bedrooms (no sqft on file).

    Market analytics

    Homes like this in St. Thomas sell in about 49 days — this one has been listed 66 days.

    Avg sold price
    $553,511
    Median sold
    $538,242
    Avg days on market
    49
    Recently sold
    165
    See comparable sales
    AI highlights by Zara
    • Rare 6-Unit Investment Opportunity in Prime St.
    • Thomas's most recognizable areas.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    9
    Parking spaces
    9
    Driveway
    Private
  7. Interior

    4
    Basement
    Walk-Up
    Family room
    N
    Kitchens
    7
    Total rooms
    25
  8. Exterior & construction

    4
    Exterior
    Brick, Vinyl Siding
    Roof
    Metal
    Foundation
    Concrete
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    flexible
    Property style
    2-Storey
    Property class
    Multiplex
  10. Combined estimate
    $7,376
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,755
    /mo
    based on the purchase price of $1,375,000
    $275,000 cash
    $1,100,000 financed
    $926,489 total interest
    Monthly payment$6,755/ month
    Principal54%$1,100,000
    Interest46%$926,489

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable multiplexs that just sold in St. Thomas

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 26 Inkerman Street
      Sold
      Sign in for price
      26 Inkerman Street
      Multiplex
    • 449 Talbot Street
      Sold
      Sign in for price
      449 Talbot Street
      Multiplex
    AddressBd / BaSqftSold$/sqft% of askSold
    62 Talbot StreetThis home12 / 730,003,500$1,375,000ask———
    26 Inkerman Street28 / 135,000—
    449 Talbot Street17 / 15,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of ELGIN REALTY LIMITED · displayed on Summitly per MLS® data-share rules

    62 Talbot Street is a 12-bedroom, 7-bath, 3000-3500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 62 Talbot Street built?

    The year built for 62 Talbot Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 62 Talbot Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 62 Talbot Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 62 Talbot Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,375,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 62 Talbot Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 62 Talbot Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 62 Talbot Street in?

    62 Talbot Street is in St. Thomas, St. Thomas. The 'Neighbourhood' section below links to the live St. Thomas real estate hub with average sold price, days on market, and current inventory.

  20. Is St. Thomas a good place to live?

    St. Thomas is one of ON's actively-tracked Summitly markets. The full St. Thomas real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.