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.\r\n\r\nThe 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.\r\n\r\nIn 2009, the front units were extensively renovated, taken down to the studs, and rebuilt to code, featuring new vinyl windows, \r\nseparately 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.\r\n\r\nBuyer to assume all tenants.\r\n\r\nThis impeccably maintained property is ready to meet a variety of needs—don't miss this exceptional investment opportunity! (id:56069)
MLS® Number | X10744950 |
Property Type | Business |
Community Name | Tillsonburg |
Amenities Near By | Recreation, Public Transit, Park, Hospital |
Features | Laundry- Coin Operated |
Parking Space Total | 7 |
Bathroom Total | 5 |
Bedrooms Total | 8 |
Appliances | Dryer, Refrigerator, Stove, Washer |
Basement Development | Finished |
Basement Features | Walk-up |
Basement Type | N/a (finished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 3,351 Ft2 |
Utility Water | Municipal Water |
Detached Garage |
Acreage | No |
Land Amenities | Recreation, Public Transit, Park, Hospital |
Sewer | Sanitary Sewer |
Size Depth | 145 Ft ,4 In |
Size Frontage | 50 Ft |
Size Irregular | Unit=50 X 145.4 Ft ; L-shaped Lot - Driveway Off Racoon Alley |
Size Total Text | Unit=50 X 145.4 Ft ; L-shaped Lot - Driveway Off Racoon Alley|under 1/2 Acre |
Zoning Description | Ec-r(h) Entrepreneurial |
https://www.realtor.ca/real-estate/27281735/57-baldwin-street-tillsonburg-tillsonburg
Contact us for more information
Lindsay Morgan-Jacko
Broker
(519) 842-5000
Barbara Morgan
Broker
(519) 842-5000