Welcome to 45 Locust Street, a spacious two-storey home situated in a quiet and established St. Thomas neighbourhood. Offering five bedrooms, two bathrooms, and plenty of potential, this property presents an exciting opportunity for investors, renovators, flippers, or buyers looking to bring their vision to life. The home is currently vacant and is being sold as-is, where-is, allowing the next owner to take on a project with the freedom to renovate, update, and reimagine the space to suit their goals. With its generous layout and excellent bedroom count, the property offers a strong starting point for those looking to create a comfortable family home, explore rental potential, or add value through improvements. Zoned R3, the property may also offer future development or expansion possibilities, subject to the buyer's due diligence and municipal approvals. Located in a peaceful neighbourhood with convenient access to local amenities, schools, shopping, and other services, 45 Locust Street is a property full of possibilities. If you're searching for a renovation project with space, potential, and room to make it your own, this could be the opportunity you've been waiting for.
Pierre Elliott Trudeau French Immersion Public School
Public, K-8 • Assigned
1.0km
Arthur Voaden Secondary School
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Kitchen
Bathroom
Bedroom
Living
Interior features
Storage
Free-standing fireplace
Heating & cooling
Natural gas forced-air heating
No central cooling
Exterior features
Front porch
Property is on a golf course
Level/flat terrain
Home design
Detached single-family home
Two-story
Faces south
Parking
4 parking spaces
Security
Smoke detectors
Carbon monoxide detectors
Construction
Vinyl siding
Asphalt roof
Utilities
Public water
Cable available
Sale and tax history for 45 Locust St
Sale History
Tax History
Date
Event
Price
TREB #X13779048
Sep 14, 2026
Listed
$249,900
TREB #X12192203
Nov 4, 2025
Delisted
—
Jun 3, 2025
Listed
$299,900
Welcome to this two-storey home in the heart of St. Thomas an excellent investment opportunity for those looking to expand their real estate portfolio or secure a promising fixer-upper at an attractive price and 6.5% cap rate. Currently tenanted, the property offers immediate rental income, making it a smart choice for investors. Zoned R3, there is also potential for future development or expansion, adding long-term value to this versatile asset. The home features 5 bedrooms and 2 bathrooms, offering ample space and functionality. Located in a desirable area with established rental income and room for future growth, this property is a strong addition to any investment strategy. Whether you're looking for immediate returns or long-term upside, this St. Thomas opportunity is worth your consideration.
As the MLS and public records start to fill up, we'll list the details here.