St. Thomas, ON · · MLS® X14123410Updated
$2,200,000
985 Talbot St is a retail in St. Thomas, listed for $2,200,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Ideal investment opportunity for this fully leased downtown commercial building. The front portion of the building is leased to Rudy's Burgers on a 10-year lease that commenced in July 2026, while the rear portion is leased to a cannabis store, also on a 10-year lease commencing in July 2026. Both leases are net leases at $25.00 per square foot, with annual increases over the 10-year lease period. The building offers a total of 3,433 square feet and sits on a 0.672-acre lot. The possibilities are endless, with potential for expansion of the existing building. Conveniently located just east of the busiest traffic intersection in the City of St. Thomas, the property is surrounded by established businesses, including McDonald's, KFC, LCBO, and Burger King, among others. The property is also located close to the new Volkswagen battery plant, which is currently under construction.Properties like this become available only once in a while. Don't miss your chance to invest in this exceptional opportunity!
St. Thomas retail priced at $2,200,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: ROYAL LEPAGE TRILAND REALTY, BrokerageMLS® X14123410 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other homes for sale in St. Thomas around $2.2M.
Homes for sale in St. Thomas
Every active St. Thomas MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 250 sales from Jul 30 – Oct 28, 2026 (164 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
985 Talbot St is listed at $2,200,000 (MLS® X14123410). Summitly updates the price as soon as the MLS® record changes.
No — 985 Talbot St is still listed at its original asking price of $2,200,000.
The listing for 985 Talbot St doesn't publish its bedroom and bathroom count. It is a commercial property in St. Thomas.
Its asking price of $2,200,000 is about 319% above the median sold price in St. Thomas over the last 90 days, $525,000, across 250 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.
Summitly has no earlier MLS® sale or lease of 985 Talbot St on record from the last two years. Older records aren't shown under TRREB rules.
985 Talbot St is in St. Thomas, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
985 Talbot St was listed today (October 28, 2026).
About $41,475 in Ontario land transfer tax at the asking price of $2,200,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 985 Talbot St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for St. Thomas.
The listing for 985 Talbot St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
