22 Hemlock Street, St. Thomas

$399,900
22 Hemlock Street

$399,900

New
15d
Detached2-Storey

22 Hemlock Street, St. Thomas

Total Monthly Obligation $2,225

HausQ Valuation Report
Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
15d
Score
29
Yield
7.3%
Cash on Cash
6.6%
Cap Rate
6.0%
5Y IRR
20.9%
10Y IRR
19.0%
Property Type-Detached
MLS® Number-X13879764
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-40 × 120 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,841 (2025)
Parking-4 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Metal
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

This charming 3-bedroom, 1-bath, 1-car garage century home on a quiet tree-lined street awaits a new owner. Other than a possible buyer preference for new flooring, this home is in move-in-ready condition. Features include a metal roof, an updated main bath (2024), a new fridge and stove (2026), newer upper-level bedroom windows, a fully waterproofed basement with a transferable warranty (2023), a 4-season addition at the rear, a hi-eff gas furnace, 100 amp service w/circuit breaker, and the fenced rear yard has a raised wooden deck. The basement, which was previously finished with a 3-pc bathroom, is high and dry with potential as an in-law suite, and has a handy outside entrance on the east side. The 1-car garage, also with a metal roof, is dry with a concrete floor and could be converted into a workshop space. This is an ideal home for a young growing family - come see the potential for yourself.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,225/mo
Mortgage $1,613
Monthly Loss $1,800
Principal$424
Interest$1,189
Property Tax$237
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%35
Cash-on-Cash
-0.5%7
5-Year IRR
15.4%73
10-Year IRR
14.9%
Returns Index
39.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 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
$29,196/yr
NOI
$18,935/yr
Net Cash Flow
-$35/mo
Cash Margin
-1.4%4
Cash Flow Index
3.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9825
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
38.9/ 100

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

Comparables

Properties near 22 Hemlock Street

Time

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