Listed by Blue Forest Realty Inc..

47 Forest Avenue is a Triplex, 2-Storey and is currently for Sale @ $629,000. Taxes in 2025 were $4,184.00.

More homes for sale under 600k in St. Thomas

Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. The 2-Storey on 47 Forest Avenue has 6 bedrooms, 3 bathrooms, and is located on a 120 x 52.79 ft lot in the community of St. Thomas . Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property.

The address 47 Forest Avenue was listed for sale (MLS# X12688398) on Monday, January 12, 2026.