57 BALDWIN St, Tillsonburg MLS Number: X10744950
Tillsonburg, Oxford, ON, N4G 2K4$689,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $5020.00 (Tax Year:2023)
- Listing Courtesy : Re/max A-B Realty Ltd Brokerage
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$689,000
Status: For Sale
Designed with the concept of a private owner's suite at the rear, this exceptional 4-plex in downtown Tillsonburg offers unlimited potential. Whether you envision living in the spacious back unit while the rental income from the front three units covers your mortgage, or you're a savvy investor seeking an excellent opportunity, this property provides flexibility and convenience with walking access to numerous amenities. The back unit features a raised ranch layout with generous living space, two bedrooms, two bathrooms, a private laundry area, and a back patio overlooking a large yard ideal for summer relaxation. Meanwhile, the three front units are tenant-occupied and heated by electric heat, with tenants covering utility costs. In 2009, the front units were extensively renovated, taken down to the studs, and rebuilt to code, featuring new vinyl windows, separately metered plumbing and electrical systems, updated kitchens and bathrooms, new entry doors, and fire separations all inspected and approved. Additional updates include a new roof in 2016, new windows in the back unit in 2022, and a newly added asphalt pad (21' x 24') in front of the garage for added convenience. Buyer to assume all tenants. This impeccably maintained property is ready to meet a variety of needs don't miss this exceptional investment opportunity!
Property Type | :Commercial |
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MLS Number | :X10744950 |
Listing Type | :Sale |
Property Age | :51-99 Years |
Possession Date | : |
Last Updated | :23 Dec, 2024 (1 Day ago) |
Source | :TRREB |
Area | :Oxford |
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Postal Code | : N4G 2K4 |
Price | : $689,000 |
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Property Taxes | :$5020.00 |
Tax Year | :2023 |
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Cross Street | :Broadway Street south to Baldwin Street, turn right, follow to #57 to view from front. To access the property turn off Baldwin Street onto Racoon Alley, the driveway is on the right and goes behind the property on the corner. |
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23 Nov, 2024
TREB #X10744950
Available
$689000.0