60 Manitoba Street, St. Thomas

$299,900
60 Manitoba Street

$299,900

New
29d
Detached1 1/2 Storey

60 Manitoba Street, St. Thomas

Total Monthly Obligation $1,792

HausQ Valuation Report
Beds
3
Baths
1
Park
1
Sqft
1100-1500
DOM
29d
Score
23
Yield
6.3%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X13824662
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-28.5 × 107 ft
Listed on site-Sep 24, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,487 (2026)
Parking-1 - None
Basement-Unfinished, Partial Basement
Heating-Forced Air (Gas)
Brokerage-RE/MAX Tri-County Realty Inc Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete, Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

This move-in-ready freshly painted 3-bedroom, 1-bath home offers 1,434 sq ft of above-grade living space and is perfect for first-time home buyers or anyone looking to enjoy the convenience of city living. Located within walking distance to downtown St. Thomas, you'll have easy access to schools, shopping, dining, parks, and more all just steps from your front door. Enjoy a well-maintained interior with plenty of natural light and functional living spaces. Whether you're relaxing with family or entertaining friends, this home offers comfort and charm throughout. Just 30 minutes to London and 15 minutes to Highway 401. Don't miss your chance to get into the market with this beautifully located, move-in-ready home!

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

Closing Costs

Mortgage Amount
$239,920
Land Transfer Taxes$2,974
Legal Fees (Est.)
$
Total cash required for closing$64,454

Total Monthly Obligation

$1,792/mo
Mortgage $1,210
Monthly Loss $1,474
Principal$318
Interest$891
Property Tax$207
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.2%37
10-Year IRR
10.9%
Returns Index
19.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$18,840/yr
NOI
$9,969/yr
Net Cash Flow
-$379/mo
Cash Margin
-24.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
5.3 mo87
Risk Index
38.2/ 100

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

Comparables

Properties near 60 Manitoba Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.