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Exceptional Property

2942 Thompson Avenue, West Lincoln (Smithville)

$6,490,000
null Bedrooms
null Bathrooms
11501 sqft

A rare opportunity to own an exceptional residence in one of the most sought-after locations.

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1926

Square Footage

2429 square feet

Bedrooms

5

Bathrooms

3

Distinguished Features

Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

4 acres of prime industrial fully serviced land with 2 existing buildings in the Industrial area in Smithville 15 mins from theQEW. Building # 1 of 6501 sq ft . Office space on two floors 2 full size drive through truck bays including one with a drive over mechanical pit, and a third drive in bay dedicated to truck & trailer washing. currently leas...

MLS Number

X12014363

Listed By

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Last Updated

Apr 22, 2025, 9:45 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

"This property represents an exceptional opportunity in today's market, offering the perfect blend of location, craftsmanship, and timeless appeal."

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Industrial
Architectural Style
Other
Square Footage
11501

Climate Control & Utilities

Heating System
Radiant heat
Air Conditioning
Partially air conditioned
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
40
New
MLS# X12014363
List Date
Mar 12, 2025, 2:40 p.m.
List Price
$6,490,000
Property Type
Sale

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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