77 First Avenue, St. Thomas

$424,900
77 First Avenue

$424,900

New
29d
Detached1 1/2 Storey

77 First Avenue, St. Thomas

Total Monthly Obligation $2,335

Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
29d
Score
22
Yield
5.9%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X13822622
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 115.5 ft
Listed on site-Sep 24, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,954 (2026)
Parking-3 - None
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ADVANTAGE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-West
Exterior-Aluminum Siding, Vinyl Siding
Roof-Metal
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

Welcome to 77 First Avenue in St. Thomas! This charming 1-storey home is an excellent opportunity for first-time buyers, downsizers or anyone looking for a property with room to grow. The main floor features a bright, open-concept living and dining area, an updated kitchen with granite countertops and backsplash, an updated bathroom, and a versatile office or bedroom with patio doors leading to the deck. Upstairs, you'll find the primary bedroom and a second bedroom. The unfinished basement includes a roughed-in bathroom and offers plenty of potential for additional living space. Outside, the fully fenced backyard is made for summer enjoyment, complete with an inground saltwater pool and a fantastic patio for entertaining. Improvements over the years include the furnace and central air conditioning (approx. 2021), flooring throughout (approx. 2021), granite kitchen countertops and backsplash (approx. 2021), an updated electrical panel (approx. 2020), owned water heater (2026), pool sand filter and solar cover (2026), fencing and deck (approx. 2020). The durable metal roof was installed by a previous owner and remains in great condition. Conveniently located close to shopping, schools, the hospital, restaurants, the Family YMCA and everyday amenities, this inviting home offers comfort, versatility and exceptional outdoor living. Plus did we mention there was a POOL!!

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$339,920
Land Transfer Taxes$4,973
Legal Fees (Est.)
$
Total cash required for closing$91,453

Total Monthly Obligation

$2,335/mo
Mortgage $1,714
Monthly Loss $1,884
Principal$451
Interest$1,263
Property Tax$246
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.1%43
10-Year IRR
11.5%
Returns Index
22.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,176/yr
NOI
$15,204/yr
Net Cash Flow
-$447/mo
Cash Margin
-21.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
33.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 77 First Avenue

Time

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Data last updated within the past 24 hours.