125 Elm Street #11
St. Thomas, N5R 1H9·MLS® X13596846·
Listing courtesy of Re/max Centre City Realty INC.·Updated 15 hours ago
Listing price
$529,900
Est. $2,524/mo
Days on market
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
76% confidence · 33 sold homes within 2 km, by price per sq ft
Monthly payment estimate
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
Investment analysis
Est. monthly rent
$2,120
Rental yield
4.8%
Est. cash flow
-$1,338
Cap rate
3.3%
Best time to sell
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 →Similar Listings
AI estimate
$541,767
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Real Estate Agent
519-859-4579 · colinabbot@gmail.com
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