271 THOMAS STREET
Central Lakes · K9J5E7
$999,500
About this residence
WOW. Fully renovated, turnkey licensed Large Rental Dwelling with 12 sparkling rental rooms. Projected NOI approx. $85,000. Excellent opportunity to own a fully renovated and upgraded, licensed Large Rental Dwelling with strong income and quality tenants. Well-managed and modernized top to bottom including 100% new flooring, updated kitchens, renovated bathrooms, and numerous additional upgrades throughout. Each side offers 6 bedrooms, 2 full baths, a full kitchen, and an unfinished basement with laundry. Rent includes utilities, laundry, and internet. Some rooms come fully furnished. See Documents for list of inclusions and recent upgrades since August 2022. One side also includes an unfinished room with potential to create a 13th bedroom for increased revenue. Forced-air gas and central a/c both sides. Excellent cash flow. Don't miss this opportunity! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Bedrooms
- 12 (12 above)
- Bathrooms
- 4
- Storeys
- 2
- Living area
- 3,000–3,500 sq ft
- Lot size
- 40.3 x 87.5 FT
- Frontage
- 40.3 feet
- Parking
- 4 spaces
- Annual tax
- $5,838
- MLS®
- X12644024
- Board
- Central Lakes
- Status
- Inactive
- Listed
- Dec 19, 2025
- Updated
- Dec 19, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.22 × 4.06 m |
| Mud room | Main level | 3.63 × 3.56 m |
| Bedroom 5 | Second level | 3.89 × 2.91 m |
| Bedroom | Second level | 3.37 × 2.92 m |
| Bedroom | Second level | 4.55 × 3.64 m |
| Bedroom | Second level | 3.9 × 1.96 m |
| Bedroom | Second level | 2.55 × 1.69 m |
| Bedroom | Second level | 3.9 × 1.96 m |
| Bedroom | Second level | 2.8 × 1.91 m |
| Bedroom | Second level | 3.27 × 2.9 m |
| Bedroom | Second level | 4.55 × 3.6 m |
| Kitchen | Main level | 4.53 × 3.45 m |
| Bathroom | Second level | 2.56 × 1.59 m |
| Other | Second level | 2.9 × 1.8 m |
| Kitchen | Main level | 5.02 × 4.22 m |
| Den | Main level | 3.24 × 1.89 m |
| Bathroom | Main level | 2.15 × 1.4 m |
| Bathroom | Main level | 1.64 × 1.47 m |
| Bedroom | Main level | 4.05 × 3.23 m |
| Bedroom 2 | Main level | 3.64 × 2.13 m |
| Bedroom 3 | Main level | 3.23 × 2.05 m |
| Bedroom 4 | Main level | 3.57 × 2.9 m |
Features & finishes
Appliances
- Refrigerator
- Dryer
- Stove
- Oven
- Microwave
- Water Heater
- Two Washers
- Water meter
- Furniture
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Unfinished
Exterior
- Brick
Foundation
- Concrete
Parking
- No Garage
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Financing
Estimated monthly payment
$4,674/mo
Loan amount
$799,600
Down payment
$199,900
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
About the area
Census · K9J- 44,547
- Population
- 44
- Median age
- $72,500
- Median income
- $500,000
- Median home value
- 62%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 271 THOMAS STREET?
271 THOMAS STREET is listed for $999,500, in Central Lakes.
How many bedrooms and bathrooms does 271 THOMAS STREET have?
It offers 12 bedrooms and 4 bathrooms.
What type of home is 271 THOMAS STREET?
271 THOMAS STREET is a Multi-family, Duplex set over 2 storeys.
How large is 271 THOMAS STREET?
The home offers approximately 3,000–3,500 sq ft of living space on a lot measuring 40.3 x 87.5 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,674. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,838 per year.
Is there parking?
Yes — 271 THOMAS STREET includes 4 parking spaces.
What is the Central Lakes area like?
Central Lakes has a population of about 44,547, a median age of 44, a 62% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in Central Lakes?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Central Lakes?
The median household income in this area is approximately $72,500.
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