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125 Elm Street #11

St. Thomas, N5R 1H9·MLS® X13596846·

Listing courtesy of Re/max Centre City Realty INC.·Updated 15 hours ago

For sale
1 / 31
2Beds
2Baths
1,400-1,599Sqft
31-50Year Built

Listing price

$529,900

Est. $2,524/mo

Days on market

2

Listed Jul 23, 2026

Description

Welcome to Pinafore Terrace - 11-125 Elm Street, St. Thomas. Enjoy carefree condo living in this beautifully bright 3rd-floor lakeview unit located in St. Thomas's desirable south end. This well-maintained building offers a secured entrance, underground parking, elevator access, visitor parking, a gym, and a community/party room for larger gatherings. The unit includes one storage locker on the 3rd floor plus an additional storage area downstairs. Step inside this spacious 2-bedroom plus den condo and immediately appreciate the open, airy layout. The foyer features a convenient closet and leads to an updated galley kitchen, flowing seamlessly into the generous dining area and expansive living room. Large sliding doors open to your oversized balcony, where you'll enjoy panoramic views of Pinafore Lake-a view that carries through almost every room. Just off the living area is a versatile den, ideal for a home office, reading nook, or sitting room to take in the scenery.Down the hall you'll find in-suite laundry, a 3-piece guest bathroom, and a spacious second bedroom with a large closet and lake views. The primary suite is thoughtfully designed with a walk-in closet, 4-piece ensuite, and ample space to make it your own-all while waking up to serene water views. Perfect for retirees seeking low-maintenance living or anyone looking to embrace the condo lifestyle in a peaceful setting.

Property details

Garage

1 car Underground

Basement

None

Parking

1 spaces

Type

Condo Apartment — Apartment

Heating

Forced Air

AI property estimate

$541,767Above Market
$414,660$675,032

76% confidence · 33 sold homes within 2 km, by price per sq ft

Location & neighbourhood

St. Thomas

St. Thomas, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,524
Property tax$574
Insurance (est.)$110
Utilities (est.)$250
Total monthly$3,458

Land transfer tax

Ontario LTT

$7,073

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jul 23, 2026Listed
$529,900

Investment analysis

Est. monthly rent

$2,120

Rental yield

4.8%

Est. cash flow

-$1,338

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$129,669

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Not sure about financing? Ask Colin

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AI estimate

$541,767

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Real Estate Agent

519-859-4579 · colinabbot@gmail.com

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