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$ 689,000
Est. payment /mo
Active
57 BALDWIN Street Tillsonburg, ON N4G2K4
8 Beds
5 Baths
3,351 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,351 sqft
Price per Sqft $205
Subdivision Tillsonburg
MLS® Listing ID 40632543
Bedrooms 8
Originating Board Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
Year Built 1925
Property Description
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! (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters, , Forced air,
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Re/Max a-b Realty Ltd Brokerage